Single Family Office

Updated:

TURIM 21 INVESTIMENTOS LTDA

Turim 21 Investimentos was established as the single-family office for the Turim family, a Brazilian business dynasty whose wealth originated in banking...

TURIM 21 INVESTIMENTOS LTDA

Turim 21 Investimentos was established as the single-family office for the Turim family, a Brazilian business dynasty whose wealth originated in banking and real estate. The family's banking arm, Banco Turim, was sold in the early 2010s, and the office was formed to manage the resulting liquidity and ongoing real estate holdings (per public record). The firm operates with a small professional team, though exact headcount is not publicly disclosed. The firm's investment strategy spans private credit, infrastructure, and direct equity in Latin America, with a stated preference for co-investments alongside institutional partners. Turim 21 has deployed capital into Brazilian infrastructure projects, including energy and logistics, and maintains exposure to agribusiness through direct holdings. The office structures deals through SPVs and club deals, often in partnership with local developers and operators. Known portfolio exposures include a stake in a Brazilian ethanol production facility and a logistics terminal in São Paulo state (per public record). All assets are managed from the family's base in São Paulo, Brazil, with no additional offices confirmed. The family also maintains a philanthropic foundation, Instituto Turim, focused on education and community development in the state of São Paulo (per the foundation's official register). No recent operational events have been publicly disclosed in the last 24 months. The firm's structural differentiator is its focus on preserving the Turim family's legacy wealth through direct, illiquid investments in real assets and private credit. Unlike many family offices that shift toward external asset management or hedge fund allocations, Turim 21 maintains a concentrated, hands-on approach in Latin American real assets, retaining control over capital deployment and governance.

General information

Firm type

Single Family Office

Year founded

AUM

Undisclosed

Location

Region

Latin America

Country

City

Corporate office

Sector focus

Private CreditReal EstateInfrastructureEnergy Transition & RenewablesAgriTech & FoodTech

Frequently asked questions

Who runs investment decisions at Turim 21 Investimentos?

The specific investment team is not publicly named, but the office is managed by professionals appointed by the Turim family. Decisions are made at the level of the family's controlling shareholders, with input from a small in-house team (per public record).

How does Turim 21 source proprietary deal flow?

The firm relies on its network of relationships in Brazilian real estate and banking, built over decades through the family's previous banking operation. Co-investment partnerships with institutional investors and local developers provide additional deal access.

Is Turim 21 structured as a single family office or does it operate more like an asset manager?

It is structured as a single-family office, managing only the Turim family's capital. The firm does not solicit external capital or act as a fund manager, distinguishing it from multi-family offices or independent asset managers.

Does Turim 21 participate in fund commitments or only direct deals?

The firm primarily engages in direct co-investments and special-purpose vehicles, focusing on control or significant minority stakes in real assets. It does not typically allocate to third-party funds.

What investment stages does Turim 21 typically target?

Turim 21 focuses on mature-stage direct investments, including infrastructure projects, private credit arrangements, and operating businesses. It does not target early-stage venture capital.

Where does the underlying wealth come from?

The wealth originates from the Turim family's banking business, Banco Turim, and subsequent real estate holdings. The bank was sold in the early 2010s, leading to the formation of the family office (per public record).

Does Turim 21 maintain philanthropic structures, and how are they separated?

Yes, the family operates Instituto Turim, a separate philanthropic foundation focused on education and community development in São Paulo state. It is legally distinct from the investment office and funded by the family separately.

Profile maintained by 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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