# Tarpon Investimentos

Tarpon Investimentos is an Asset Manager based in São Paulo, Brazil.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** São Paulo, Brazil
- **Region:** Latin America
- **Address:** São Paulo, SP, Brazil
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** tarponinvest.com.br
- **LinkedIn:** https://www.linkedin.com/company/tarpon-investimentos

## Regulatory record

- **Reports private funds:** No

## About

Tarpon Investimentos is a Brazil-based asset manager that makes equity investments in public and private equity through a long-term approach. The firm focuses on various industries including retail/consumer, agriculture, real estate, energy, steel, and financial services. Tarpon Investimentos has made six investments, including a Series C investment in PetLove on August 26, 2021, and has one portfolio exit, Serena Energia, on July 27, 2017.

## Sectors

- Consumer Goods
- Financial Services
- Healthcare Services
- Education
- Real Estate

## People

- José Carlos Reis de Magalhães Neto — Founding Partner
- Pedro Damasceno — Partner

## Questions

### Does Tarpon Investimentos still manage outside capital?

No. Tarpon returned all external capital in 2017 and now operates as a private investment vehicle managing solely the partners' own assets. The firm's publicly listed B3 entity, Tarpon Investimentos S.A., was delisted that same year. No subsequent fundraise has been disclosed.

### What is Tarpon's investment philosophy?

Tarpon practices concentrated, fundamental, value-oriented equity investing with a multi-year holding period. Portfolios historically held fewer than 15 names, and the firm was known for engaging actively with management teams on operational and governance matters after taking positions. The approach was developed by founding partner José Carlos Reis de Magalhães Neto.

### Who founded Tarpon and what was his background?

José Carlos Reis de Magalhães Neto founded Tarpon in 2002. A Brazilian investor, he built the firm's reputation on long-term public-equity value investing in Brazil. He remains the firm's lead decision-maker in its current permanent-capital structure (public record).

### What sectors has Tarpon historically invested in?

The firm's confirmed public-equity positions have spanned consumer goods (including BRF), retail (Lojas Americanas), healthcare (Raia Drogasil), financial services, and education. Tarpon's portfolio was predominantly concentrated in Brazilian-listed companies across multiple economic cycles.

### What happened to the publicly traded entity Tarpon Investimentos S.A.?

Tarpon Investimentos S.A. was listed on the B3 exchange in Brazil from 2007 until its delisting in 2017. The delisting coincided with the firm's decision to return external capital and convert the investment manager into a private partnership vehicle managing only internal capital.

### How is Tarpon different from other Brazilian asset managers?

Most Brazilian independent asset managers — firms like Verde, SPX, or Kapitalo — continue to manage outside institutional or retail capital. Tarpon took the unusual step of giving back all external money, choosing instead to operate as a permanent-capital vehicle that focuses purely on its partners' long-term interests without client redemptions or mandate constraints.

### Is Tarpon Investimentos still actively investing?

Yes, though the firm maintains a low public profile. Since returning external capital in 2017, Tarpon has continued to manage a concentrated portfolio of Brazilian public equities for its partners. Specific current holdings are not publicly disclosed.

## Related profiles

- [J.A. and Kathryn Albertson Family Foundation](https://altss.com/profile/ja-and-kathryn-albertson-foundation)
- [Sjóvá](https://altss.com/profile/sjova)

---

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

Canonical page: https://altss.com/profile/tarpon-investimentos

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