# PREVBOMJESUS PREVBOMJESUS is a Pension Fund based in Bom Jesus dos Perdões, Brazil. ## Overview - **Organization type:** Pension Fund - **Headquarters:** Bom Jesus dos Perdões, Brazil - **Region:** South America - **Address:** Rua Joaquim Rodrigues dos Santos, 790, Centro, Bom Jesus dos Perdões, SP, 12955-000, Brazil - **Founded:** 2008 - **Assets under management:** Under $50M (Altss estimate) - **Website:** www.prevbomjesus.com.br - **LinkedIn:** https://www.linkedin.com/company/prevbomjesus ## Regulatory record - **Reports private funds:** No ## About The Instituto de Previdência dos Servidores Públicos do Município de Bom Jesus dos Perdões was created in 2008, evolving from a social security and benefits fund established in 1995 for municipal public employees. The fund operates under Brazil's Regime Próprio de Previdência Social (RPPS), the regulatory framework that governs public-sector pension systems at the state and municipal level. Superintendent Pollyanna Ramos Ferreira Zafonatto leads the entity, supported by Financial Director André Luiz Borro Sossolotti and Director Viviane Jesus de Lima. PREVBOMJESUS manages a modest portfolio estimated at roughly $12.6 million (Altss estimate), deploying capital almost entirely within Brazil. Like most RPPS funds, its asset allocation is constrained by Resolução CMN 4,963, which dictates minimum and maximum exposure bands: at least 50% must be held in federal government bonds, with smaller permitted allocations to investment-grade private credit, Brazilian equity funds, and real estate investment trusts. The portfolio is heavily skewed toward fixed-income instruments, principally Tesouro Nacional securities, reflecting both the regulatory mandate and the limited internal investment infrastructure typical of small municipal pension funds. The fund's entire investment portfolio and its headquarters on Rua Joaquim Rodrigues dos Santos in central Bom Jesus dos Perdões remain its sole physical and financial footprint. There are no disclosed direct private equity positions, international allocations, or alternative investment vehicles. The sponsoring entity is the Municipality of Bom Jesus dos Perdões, which carries the ultimate contingent liability for any actuarial shortfall. September 2024: The fund's council approved the annual actuarial valuation report, a standard compliance step for all RPPS funds (per Diário Oficial municipal disclosures, 2024). What distinguishes PREVBOMJESUS structurally is not its size or strategy but its legal architecture: it is one of over 2,100 municipal RPPS funds in Brazil, each ringfenced from the general budget by constitutional mandate. This separation creates a permanent, captive pool of local capital that cannot be diverted by elected officials, yet remains subject to municipal governance — a tension that makes the superintendent's compliance role as critical as any investment decision. Succession risk is concentrated in Zafonatto, who serves at the discretion of the mayor, a political dynamic common to nearly every small-city RPPS in the country. ## Sectors - Fixed Income - Brazilian Government Bonds - Private Credit ## People - Pollyanna Ramos Ferreira Zafonatto — Superintendent - André Luiz Borro Sossolotti — Financial Director - Viviane Jesus de Lima — Director ## Questions ### Who runs investment decisions at PREVBOMJESUS? Superintendent Pollyanna Ramos Ferreira Zafonatto is the named executive responsible for the fund's operations. She is supported by Financial Director André Luiz Borro Sossolotti and board member Viviane Jesus de Lima. Final investment policy is approved by the fund's administrative council, a standard governance structure for Brazilian RPPS entities. ### How is PREVBOMJESUS governed under Brazilian pension law? The fund operates under the Regime Próprio de Previdência Social (RPPS), the legal framework for public-sector pension systems in Brazil. Its investment policy is governed by Resolução CMN 4,963, which limits the portfolio to a defined menu of assets — primarily federal bonds, with smaller bands for private credit, equities, and real estate funds. The Municipality of Bom Jesus dos Perdões is the sponsoring entity and bears the actuarial backstop risk. ### What is PREVBOMJESUS's investment strategy? The fund is a conservative, fixed-income-heavy allocator. Brazilian regulation requires at least 50% of RPFS portfolios in federal government bonds, and PREVBOMJESUS's estimated $12.6 million portfolio reflects this mandate. There is no disclosed allocation to private equity, international assets, or direct company investments — typical for a small municipal pension fund without dedicated alternatives staff. ### Does PREVBOMJESUS accept external capital or co-investments? No. As a single-employer public pension fund, PREVBOMJESUS manages only the mandatory contributions from municipal employees and the sponsoring government entity. It does not operate as an investment vehicle for outside investors or participate in co-investment club structures. ### How does PREVBOMJESUS fit into Brazil's municipal pension landscape? It is one of more than 2,100 RPFS funds across Brazilian municipalities, each created by local law to manage civil-servant retirement assets separately from the municipal budget. This network of hyper-local funds collectively represents billions in captive Brazilian capital, though individual funds often lack the scale or governance independence of larger state or federal pension systems. ## Related profiles - [Leslie Miller and Richard Worley Foundation](https://altss.com/profile/leslie-miller-and-richard-worley-foundation) - [Grace Cottage Foundation](https://altss.com/profile/grace-cottage-foundation) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/prevbomjesus Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology