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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...
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.
General information
Firm type
Multi Family Office
Year founded
2023
AUM
Undisclosed
Location
Region
South America
Country
Brazil
City
São Paulo
Corporate office
São Paulo, Brazil
Principals
Sávio Barros
CEO
Bruno Rodrigues
CIO
Roberto Azevedo
Commercial Director and Partner
Pedro Olmo
Partner, Wealth Planning
Daniel Carlini
Partner and Portfolio Manager
Sector focus
Frequently asked questions
Who runs investment decisions at Sten Gestão Patrimonial?
Bruno Rodrigues serves as CIO, with portfolio management supported by partner Daniel Carlini. CEO Sávio Barros and the partner group set the overall asset-allocation framework. Both founders control Sten through Luxemburgo Investimentos, giving them final authority over investment strategy.
How does Sten structure its investment vehicles?
Sten runs a set of Brazilian-domiciled funds — including STEN D30 FIM, STEN D5 FIM, and STEN Debêntures Incentivadas — that cover multi-asset mandates and incentivized infrastructure debentures. Its offshore capability sits in Sten Global Strategies Fund Ltd, a Nassau, Bahamas vehicle that provides international exposure for client portfolios.
Does Sten participate in direct deals or primarily allocate to external managers?
Sten operates a hybrid model. It commits to external funds across private equity, private credit, and hedge funds, while maintaining direct credit exposure through vehicles like STEN Debêntures Incentivadas. Its minority stake in ARZ Capital, founded by business partner Frederico Maluf, further extends its reach into alternative strategies.
What is Sten's relationship with ARZ Capital?
Sten holds a minority equity interest in ARZ Capital, an alternative investment firm founded by Frederico Maluf, who is also a business partner at Sten. The relationship gives Sten's clients a potential pipeline into ARZ Capital's deal flow and strategies, functioning as an extension of Sten's alternatives coverage.
Where does Sten Gestão Patrimonial invest geographically?
The firm's primary investment footprint is South America, specifically Brazil. Its offshore fund — Sten Global Strategies Fund Ltd in the Bahamas — provides a vehicle for international diversification, though the firm has not publicly detailed the geographic split of its underlying portfolio.
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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