PREVCOM

PREVCOM

PREVCOM was established in 2011 as a closed pension entity to serve public servants of São Paulo state. It gained administrative and financial autonomy at inception and expanded its mandate in 2017 to cover additional states and municipalities. Alessandro Roosevelt Silva Ribeiro serves as Director-President. The portfolio centers on fixed income, which accounts for the large majority of assets through holdings such as Bela Cintra FI RF and multiple Itaú and Santander DI-referenced funds. Real estate exposure comes via several FII positions totaling approximately $14.6 million. Private equity commitments represent a 5 percent allocation, including participation in BTGP Economia Real FIP Multi. International assets form a separate sleeve valued near $11.6 million. All activity remains concentrated in Brazil with limited foreign market holdings. The foundation employs no disclosed headcount figure. It maintains memberships in ABRAPP and became a PRI signatory in November 2024. October 2024: Spoke at the 45º Congresso Brasileiro de Previdência Privada on governance, transparency, and investment strategies. Service providers include Itaú Unibanco as custodian and Aditus Consultoria Financeira as investment advisor. PREVCOM operates as a non-profit closed entity with statutory separation between plan sponsorship by the Government of the State of São Paulo and independent investment execution by the foundation board. This structure limits external capital raising and confines participation to eligible public servants.