TB Capital

TB Capital

TB Capital was founded in 2022 and is headquartered in São Paulo, Brazil. The firm operates as an independent wealth manager serving high-net-worth families and entrepreneurs, a segment that has grown rapidly in Brazil as local capital markets deepen and founders seek alternatives to traditional private banking platforms. The firm's core offering bundles discretionary investment management with controllership and financial planning — a combination designed to address the administrative and compliance burdens specific to Brazilian asset holders. TB Capital's strategy centers on discretionary mandates. The firm allocates across Brazilian public equities, local fixed income, and alternative investments, with opportunistic exposure to global assets where client mandates permit. Its treasury solutions practice manages cash and short-duration instruments for operating businesses and holding companies — a service line that often becomes the entry point for multi-generational family relationships. The firm does not publicly disclose specific portfolio holdings or past deals, consistent with the private wealth management model common among independent Brazilian advisory shops. The firm's scale is modest. TB Capital does not publicly report assets under management or team headcount, and no regulatory filings with the Brazilian Securities and Exchange Commission (CVM) appear to disclose these figures as of early 2025. The absence of disclosed AUM is typical for a firm of its age and structure in Brazil, where many independent wealth managers operate under CVM Resolution 178 rules that do not require public reporting below certain thresholds. TB Capital has not launched adjacent philanthropic vehicles or club-deal platforms that would signal a move beyond its core service offering. TB Capital's structural distinction lies in its controllership practice. Unlike most Brazilian independent wealth managers that focus narrowly on portfolio construction, the firm explicitly markets controllership — encompassing tax reporting, estate documentation, and consolidated financial oversight — as a core service alongside discretionary management. This architecture mirrors the single-family-office model re-packaged for multiple clients, a hybrid approach that competes against both the consolidated reporting of large private banks and the investment-only focus of independent advisors.