# Previcoke

Previcoke is a Pension Fund based in Rio de Janeiro, Brazil.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Rio de Janeiro, Brazil
- **Region:** South America
- **Address:** Praia de Botafogo, 374 - 10º Andar, Botafogo, Rio de Janeiro - RJ, 22250-040, Brazil
- **Founded:** 1988
- **Assets under management:** ~R$162 million in assets (Altss estimate)
- **Website:** www.previcoke.net
- **LinkedIn:** https://br.linkedin.com/company/previcoke

## Regulatory record

- **Reports private funds:** No

## About

Previcoke was established in 1988 as the private pension entity for employees of Coca-Cola Brazil, with founding executive Marcelo Bartolini Freitas at the helm as Superintendent Director. It remains a non-profit closed entity, with sponsoring companies including Coca-Cola Indústria Ltda and its Amazonas manufacturing arm, Recofarma Indústria do Amazonas Ltda. The fund's investment strategy is executed through domestic multimarket and private credit fund vehicles. Known holdings include the Previcoke II FIF CIC Multimercado RL and the Previcoke Fundo de Investimento Multimercado Crédito Privado. Its real asset book includes the Edifício Argentina in Rio de Janeiro's Botafogo district, which serves as the fund's headquarters. Geographic exposure is concentrated in Brazil. Previcoke participates in Brazil's closed pension industry through memberships in ABRAPP, the national association of closed pension entities, and ANBIMA, the capital markets association. Team size and total deployment figures are not publicly disclosed. The fund's operational footprint is singular, based in its owned Rio de Janeiro headquarters. Previcoke's architecture as a single-sponsor pension fund tied to a multinational's Brazilian subsidiary is its defining structural feature. This model means the fund's liability profile and liquidity needs are tied directly to the employment cycles of one corporate entity, a concentration that shapes its conservative, primarily fixed-income and real-asset investment posture.

## Sectors

- Brazilian Pension Funds

## People

- Marcelo Bartolini Freitas — Superintendent Director

## Questions

### Who runs investment decisions at Previcoke?

Marcelo Bartolini Freitas, the Superintendent Director who has led the entity since its 1988 founding, is the key named executive. Specific internal investment committee structures or delegated CIO roles are not publicly documented.

### How is Previcoke's sponsor structure different from other Brazilian pension funds?

Previcoke is a single-sponsor closed entity serving Coca-Cola Brazil and its related companies like Recofarma Indústria do Amazonas Ltda. Many larger Brazilian funds, such as PREVI or PETROS, serve single state-owned enterprises, but a structure tied to a multinational subsidiary's local workforce is less common and concentrates liability risk.

### How is Previcoke related to Coca-Cola?

Coca-Cola Indústria Ltda is the primary sponsoring company. Previcoke exists exclusively to manage the pension obligations for its Brazilian employees. The entity is operationally independent but structurally captive to the sponsor's workforce demographics.

## Related profiles

- [Presidium Partners](https://altss.com/profile/presidium-partners)
- [Cement Masons Local 780 Pension Fund](https://altss.com/profile/cement-masons-local-780-pension-fund)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/previcoke

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology