Multi-Family Office

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Portofino Gestão de Recursos Ltda.

Portofino Multi Family Office was established in 2012 by Carolina Giovanella. It originated to steward the wealth generated by the Giovanella family’s business...

Portofino Gestão de Recursos Ltda. logo

Portofino Gestão de Recursos Ltda.

Portofino Multi Family Office was established in 2012 by Carolina Giovanella. It originated to steward the wealth generated by the Giovanella family’s business activities. The firm has since expanded to serve other Brazilian entrepreneurs and families. The firm deploys capital across real estate, direct co-investments, fund of funds, secondaries and collectibles. It maintains a Real Estate Core Fund focused on mixed-use assets in Brazil and operates the Portofino Sports, Art & Entertainment Vertical. Buyout exposure forms part of the mandate. Geographic coverage includes South America and North America. The operating team includes Eduardo Castro as CIO, Adriano Cantreva leading the New York office, Marcelo Ferraz heading expansion in Paraná, Felipe Halfin covering São Paulo, and Luiz Guilherme Guimarães directing M&A. An additional office operates in New York. The firm has held Great Place to Work certification since 2022. Portofino maintains a single integrated platform that combines investment execution with dedicated philanthropy advisory and succession planning. This structure allows Brazilian families to consolidate tax, governance and cross-border holdings without separate external providers.

General information

Firm type

Multi Family Office

Year founded

2012

Location

Region

South America

Country

Brazil

City

Sao Paulo

Corporate office

Sao Paulo, Brazil

Additional offices

New York

Principals

Carolina Giovanella

Founder and CEO

Eduardo Castro

Partner and Chief Investment Officer

Adriano Cantreva

Partner responsible for the New York office and international operations

Marcelo Ferraz

Partner and head of expansion in Paraná

Felipe Halfin

Partner supporting expansion in São Paulo

Luiz Guilherme Guimarães

Partner and head of the M&A vertical

Sector focus

Sports & WellnessLuxuryMedia & EntertainmentPropTech

Frequently asked questions

Who runs investment decisions at Portofino Multi Family Office?

Eduardo Castro serves as Partner and Chief Investment Officer. He oversees portfolio construction alongside Carolina Giovanella as Founder and CEO.

How does Portofino Multi Family Office source proprietary deal flow?

The firm leverages relationships built through the Giovanella family’s business network and M&A vertical led by Luiz Guilherme Guimarães. Partners with prior UBS Consenso experience also contribute local origination in Paraná and São Paulo.

Is Portofino Multi Family Office structured as a single family office or does it operate more like a venture firm?

It functions as a multi-family office. The platform serves multiple Brazilian business families beyond the founding Giovanella family while retaining direct co-investment and SPV capabilities.

Does Portofino Multi Family Office participate in fund commitments or only direct deals?

The firm uses both approaches. It allocates through fund of funds and secondaries while also executing direct co-investments and real estate vehicles.

What investment stages does Portofino Multi Family Office typically target?

The firm focuses on buyouts. It also maintains exposure to real estate and passion assets such as sports and entertainment holdings.

Where does the underlying wealth come from?

The firm originated from the Giovanella family’s entrepreneurial activities in Brazil. It now extends services to other domestic business families and entrepreneurs.

Does Portofino Multi Family Office maintain philanthropic structures, and how are they separated?

Portofino Philanthropy Advisory operates as a distinct service line. It integrates with wealth planning but remains separate from investment execution.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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