Positiva Investimentos

Investment leadership sits with the three named partners: Alexandre Piau, Fábio Quirino Felix, and Raul Montoni. Piau's background includes fund management at BRL Trust and 12 years as an investment director. Felix brings project-management expertise from technology and banking firms. Montoni developed financial products at Intelig and Banco BVA. The firm does not publicly delineate individual portfolio responsibilities among them.

It is a multi-asset manager. The website lists four separate strategies: private equity, real estate, credit, and multimarket funds. The private equity and real estate practices report large cumulative operation figures — R$ 50 billion and R$ 30 billion respectively — but the overall assets under management figure of R$ 2.8 billion (per firm website, accessed May 2026) reflects a generalist allocation spread across all four verticals.

The firm's public materials reference 'private equity,' 'real estate,' and 'credit' as distinct strategies without clarifying whether these operate as direct investments, fund commitments, or a mix of both. No specific deal structures or fund vehicles are disclosed on the firm's website, and no public filings or external reporting were available at the time of this profile to distinguish the approach.

No public information is available regarding co-investment activity. The firm does not mention co-investor relationships, club deals, or external GP partnerships on its website or in any verifiable source. This absence may reflect a primarily proprietary sourcing model, but that cannot be confirmed from the current public record.

No explicit sector exclusions are published. The website describes private equity, real estate, credit, and multimarket strategies without tagging any negative screens or avoided industries. The generalist label reflects breadth of coverage rather than stated avoidance.