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RJI Gestao & Investimentos
RJI Gestao & Investimentos is a Brazilian asset manager headquartered in Rio de Janeiro with a secondary office in Porto Alegre. The firm distributes its funds...
RJI Gestao & Investimentos
RJI Gestao & Investimentos is a Brazilian asset manager headquartered in Rio de Janeiro with a secondary office in Porto Alegre. The firm distributes its funds through major domestic platforms including Intertrade. Its product shelf reflects a dual structure: liquid market products and direct asset operations. The firm manages the RJI Wegos Valor FIA, an equity fund benchmarked to outperform the Ibovespa over longer horizons with an improved risk-return profile. A second vehicle, RJI Cash FIRF Simples, serves as a cash-management sleeve for clients within the RJI ecosystem. In May 2025, the firm's direct investment arm, via its controlled entity Navegação VJB LTDA, won a public auction to operate waterway ferry services on the Lago de Furnas reservoir in Minas Gerais — a real-asset operating contract that sits alongside its liquid-securities platform. RJI maintains client-service hubs in Rio de Janeiro and Porto Alegre, supplemented by a WhatsApp contact channel. The firm publishes regular market commentary including a weekly brief and a monthly manager letter, most recently covering April 2026 developments in geopolitics and US-Iran ceasefire negotiations. May 2025: RJI, representing its controlled entity Navegação VJB LTDA, won the auction for the aquaviary transport concession on the Lago de Furnas in Minas Gerais (per the firm, May 2026). The firm's architecture departs from the typical pure-play fund manager. It holds a securities brokerage license alongside its asset-management registration, and it directly controls an operating company that bids on real-infrastructure concessions. That hybrid model — liquid fund management plus hard-asset operating contracts — gives RJI a structural footprint closer to a Brazilian holding company than a standalone 555 fund manager.
General information
Firm type
Private Equity
Year founded
2012
AUM
Undisclosed
Location
Region
Latin America
Country
Brazil
City
Rio de Janeiro
Corporate office
Rio de Janeiro, Brazil
Additional offices
Porto Alegre, Brazil
Sector focus
Frequently asked questions
How does RJI Gestao & Investimentos bridge liquid fund management with real-asset operations?
RJI manages public-markets vehicles like the RJI Wegos Valor equity fund and a cash fund for its ecosystem, while its controlled entity Navegação VJB LTDA bids on real-infrastructure concessions. In 2025, that entity won the right to operate waterway ferry transport across the Lago de Furnas reservoir in Minas Gerais. The firm does not separate its liquid and real-asset activities into distinct legal silos; both flow through the RJI parent structure.
What investment products does RJI currently offer to outside investors?
The firm offers the RJI Cash FIRF Simples, a simple fixed-income fund designed to remunerate cash for clients in the RJI ecosystem, and the RJI Wegos Valor FIA, an actively managed equities fund targeting long-term outperformance of the Ibovespa with a better risk-return profile. Both are distributed through Intertrade and other major Brazilian platforms. No private-equity or venture-capital closed-end vehicles are publicly disclosed.
Who runs investment decisions at RJI?
The firm does not publicly identify named investment-committee members or portfolio managers on its website. Public-facing communications, including monthly manager letters and weekly briefs, are attributed only to the RJI brand. No principal-level biographies or executive team pages are available.
Is RJI structured as a single family office or does it operate more like a venture firm?
RJI is registered as a securities brokerage and asset manager, not a family office. Its product suite — listed equity funds and a cash-management vehicle — aligns with a traditional Brazilian asset-manager model. The real-asset concession business, operated through a controlled entity, introduces a holding-company dimension that distinguishes it from pure fund managers but does not make it a venture firm.
What is RJI's known posture on co-investments alongside external GPs?
There is no public disclosure of co-investment activity or co-GP arrangements. The firm's known capital deployment occurs through its own open-ended funds and its direct control of Navegação VJB LTDA, rather than through syndicated private-market deals. Allocators seeking co-investment slots would need to engage the firm directly to determine appetite and availability.
Which sectors does RJI explicitly avoid?
RJI does not publish a negative list. From the disclosed product set, the firm's focus spans public equities, short-term fixed income, and real-asset infrastructure; there is no evidence of activity in venture capital, private equity, real estate development, or credit strategies. The absence of these strategies may reflect deliberate avoidance or simply an opportunistic, capacity-constrained posture.
How is Navegação VJB LTDA related to RJI's asset management business?
Navegação VJB LTDA is a controlled entity of RJI, used to bid on and operate real-infrastructure concessions. RJI represented the entity in a May 2025 public auction to secure the Lago de Furnas ferry contract. This structure places an operating asset directly under RJI's umbrella, unusual for a traditional Brazilian asset manager and suggesting a strategic preference for combining fee-based fund management with direct concession cash flows.
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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