Sten Gestão Patrimonial

Sten Gestão Patrimonial

Barros and Rodrigues launched Sten in 2023 with control held through Luxemburgo Investimentos, aiming to serve high-net-worth Brazilian families who need more than retail private-banking coverage. The founding team draws from senior Credit Suisse experience, joined by partners Roberto Azevedo on the commercial side, Pedro Olmo leading wealth planning, and Daniel Carlini as portfolio manager. Sten allocates across fund-of-funds, hedge funds, private credit, private equity, and real estate, with a geographic anchor in South America. The firm runs dedicated local vehicles — including STEN D30 FIM, STEN D5 FIM, and STEN Debêntures Incentivadas — and maintains an offshore structuring capability via Sten Global Strategies Fund Ltd in Nassau, Bahamas. The partnership also holds a minority stake in ARZ Capital, the firm founded by Sten business partner Frederico Maluf, deepening its access to alternative strategies. The firm has disclosed no total AUM, headcount, or aggregate deployment figure. Its operational footprint remains concentrated in São Paulo, with compliance documentation and fund-level filings forming the public record. Sten's architecture channels multi-generational Brazilian wealth through a partnership model that blends a regulated local fund platform with an offshore vehicle — a structure designed to offer families both domestic credit exposure and international portfolio diversification under one governance roof.