# RECIPREV

RECIPREV is a Public Pension Fund based in Recife, Brazil.

## Overview

- **Organization type:** Public Pension Fund
- **Headquarters:** Recife, Brazil
- **Region:** South America
- **Address:** Avenida Manoel Borba, 488-Boa Vista, Recife, Pernambuco, Brazil
- **Founded:** 1998
- **Assets under management:** 618 (Altss estimate)
- **Website:** reciprev.recife.pe.gov.br
- **LinkedIn:** https://www.linkedin.com/company/reciprev

## Regulatory record

- **Reports private funds:** No

## About

RECIPREV was established in 1998 as the retirement and pension administrator for Recife municipal employees. Marconi Muzzio Pires de Paiva Filho serves as current Director-President. The fund operates under Brazilian public pension rules with oversight from AMPASS. Allocations include a 0.17 percent weighting to private equity alongside holdings in FIP Ático Geração de Energia. Real estate exposure appears through FII positions such as RIVR11, CXRI11, and RBRD11 on B3. Equity strategies include BB Governança FI Ações Previdenciário and Quest Small Caps FIA. Geographic focus remains Brazil with additional exposure via FIDC Casan Saneamento. The fund lists 26 enriched network items covering assets, holdings, and service providers. It maintains membership in APEPP and ABIPEM. January 2024 attendance at the 8º Congresso Brasileiro de Investimentos dos RPPS marked one operational event in the prior period. Additional service providers include Caixa Econômica Federal, XP Gestão de Recursos, and BNY Mellon. RECIPREV functions as a statutory municipal pension entity rather than a discretionary family office or asset manager. Governance ties directly to Recife city administration through named directors and the Programa Viver Mais foundation vehicle.

## Sectors

- Private Equity
- Real Estate
- Natural Resources

## People

- Marconi Muzzio Pires de Paiva Filho — Director-President
- Andreson Carlos Gomes de Oliveira — Director of Investments
- Francisco Canindé Antunes Furtado Jr — Vice Director-President
- Manoel Carneiro Soares Cardoso — Former Director-President

## Questions

### Does RECIPREV participate in fund commitments or only direct deals?

The fund holds positions in FII real estate vehicles, equity funds, and FIP infrastructure vehicles. It also maintains a private equity allocation.

### What investment stages does RECIPREV typically target?

Holdings center on operating businesses and listed real estate funds rather than early-stage venture.

## Related profiles

- [Local 817 IBT Pension Fund](https://altss.com/profile/local-817-ibt-pension-fund)
- [USG Corporation Pension Fund](https://altss.com/profile/usg-corporation-pension-fund)

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

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

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