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Positiva Investimentos
Positiva Investimentos operates from São Paulo as a generalist asset manager formed by partners Alexandre Piau, Fábio Quirino Felix, and Raul Montoni.
Positiva Investimentos
Positiva Investimentos operates from São Paulo as a generalist asset manager formed by partners Alexandre Piau, Fábio Quirino Felix, and Raul Montoni. The firm states its team has more than ten years of experience in financial markets, with Piau having managed funds at BRL Trust and served as an investment director, Felix bringing project-management background from Stefanini and Proguaru, and Montoni contributing product-development experience from Intelig and Banco BVA. The firm manages R$ 2.8 billion across four primary strategies. The private equity practice reports more than R$ 50 billion in cumulative operations (per firm website, accessed 2026-05-29), while the real estate arm oversees more than R$ 30 billion in assets under management. Credit and multimarket vehicles round out the offering, with the latter positioned as diversifiers beyond Brazilian equity and interbank deposit benchmarks. The geographic focus remains centered on Brazil. All three managing partners hold MBAs or specialized degrees from Fundação Getulio Vargas (FGV) and other institutions. The firm structures its client engagement through a three-step process: diagnostic investor profiling, personalized planning, and ongoing portfolio monitoring. No recent operational events from the last 24 months could be verified against public records. Positiva's structural shape — partners with deep operational backgrounds in Brazilian banking and technology running a multi-strategy platform — differentiates it from pure-play private equity managers. The firm's generalist posture, spanning private equity, real estate, credit, and liquid multimarket strategies under a single partnership roof, creates a bundled exposure model for domestic Brazilian investors.
General information
Firm type
Generalist
Year founded
—
AUM
R$ 2.8 billion under management (per firm website, accessed 2026-05-29)
Location
Region
Latin America
Country
Brazil
City
São Paulo
Corporate office
São Paulo, Brazil
Principals
Alexandre Piau
Sócio e Diretor
Fábio Quirino Felix
Sócio e Diretor
Raul Montoni
Sócio e Diretor
Sector focus
Frequently asked questions
Who runs investment decisions at 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.
Is Positiva Investimentos primarily a private equity firm or a multi-asset manager?
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.
Does Positiva Investimentos participate in fund commitments or only direct deals?
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.
What is Positiva Investimentos's known posture on co-investments alongside external GPs?
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.
Which sectors does Positiva Investimentos explicitly avoid?
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.
Profile maintained by Altss 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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