Multi-Family Office

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Turim Family Office & Investment Management

Turim Family Office & Investment Management was co-founded by Gustavo Marini, Eduardo Gomes de Almeida, and Leonardo Martins Moraes in Rio de Janeiro.

Turim Family Office & Investment Management

Turim Family Office & Investment Management was co-founded by Gustavo Marini, Eduardo Gomes de Almeida, and Leonardo Martins Moraes in Rio de Janeiro. The firm emerged from the founders' shared conviction that wealthy Brazilian families needed genuinely independent advice, free from the product-pushing incentives that characterize bank-affiliated wealth managers. Marini, Almeida, and Moraes structured Turim as a partner-owned firm, aligning their economics with client outcomes rather than distribution fees. The firm deploys capital across a deliberately broad mandate. Turim constructs portfolios spanning private equity, venture capital, real estate, private credit, hedge funds, infrastructure, and natural resources. The firm invests directly via co-investments and special-purpose vehicles, makes fund commitments, and allocates to secondaries. Geographically, Turim bridges Brazil, North America, and Europe — sourcing local opportunities while accessing global managers for its families. The firm has disclosed interests in artificial intelligence, biotechnology, and semiconductor companies. Turim is a founding member and the sole South American representative of the Wigmore Association, a global collaboration of family-office chief executives and chief investment officers who share deal flow and due-diligence resources. Turim's operating structure extends beyond pure investment management. The firm built proprietary portfolio-management software, Turim Statement, to consolidate and analyze family assets. Turim also maintains philanthropic relationships, including associations with Instituto Millenium and VRB. The firm is a signatory to the UN-supported Principles for Responsible Investment and an active member of ANBIMA, Brazil's capital-markets self-regulatory body. The management committee, led by Co-CEO Leonardo Martins Moraes, oversees a team that runs a multi-generational planning practice alongside its investment engine. Turim's structural differentiator is its independence in a concentrated market. Brazil's wealth-management landscape is dominated by private-banking units of Itaú, Bradesco, and BTG Pactual. Turim operates outside those ecosystems, charging advisory fees rather than earning product commissions. The firm's partnership with MIT Sloan to develop the MEPI investor-profile model signals a quantitative approach to risk tolerance and asset allocation that distinguishes it from the intuition-driven practices common among Brazilian family offices.

General information

Firm type

Multi Family Office

Year founded

AUM

Estimated $5-10 billion (Altss estimate)

Location

Region

Latin America

Country

Brazil

City

Rio de Janeiro

Corporate office

Rio de Janeiro, Brazil

Principals

Gustavo Marini

Founder, Co-Chairman of the Board

Eduardo Gomes de Almeida

Co-Chairman of the Board

Leonardo Martins Moraes

Co-CEO

Sector focus

Real EstatePrivate EquityPrivate CreditHedge FundsInfrastructureAI/MLBiotechSemiconductors

Frequently asked questions

Who runs investment decisions at Turim?

Turim's investment function is led by its three founders: Gustavo Marini, Eduardo Gomes de Almeida, and Leonardo Martins Moraes. Marini and Almeida serve as Co-Chairmen of the Board, while Moraes operates as Co-CEO and sits on the Executive Board. The firm has not publicly disclosed a standalone chief investment officer, suggesting that investment-committee authority is concentrated among the founding partners.

How does Turim source deal flow beyond Brazil?

Turim is a founding member and the sole South American representative of the Wigmore Association, a global network of family-office CEOs and CIOs. This relationship gives Turim's families access to co-investment opportunities, fund managers, and direct deals that Wigmore members share across jurisdictions. The firm also maintains a partnership with MIT Sloan School of Management, which provides academic rigor to its investor-profiling and asset-allocation frameworks.

Is Turim a single-family office or does it serve multiple families?

Turim operates as a multi-family office serving multiple high-net-worth families from its Rio de Janeiro headquarters. The firm was founded as an independent advisory practice, not as the internal office of a single fortune, making it structurally closer to a partner-owned wealth manager than a dedicated single-family vehicle.

Does Turim invest directly or only through third-party funds?

Turim does both. The firm's stated investment types include direct co-investments and special-purpose vehicles alongside fund-of-funds, hedge-fund allocations, and secondary transactions. This hybrid model lets families access top-quartile managers while also pursuing concentrated, lower-fee direct positions in companies the investment committee underwrites itself.

What is Turim's posture on responsible investing?

Turim is a signatory to the United Nations-supported Principles for Responsible Investment, which obligates the firm to incorporate environmental, social, and governance factors into its investment analysis and ownership practices. The firm also maintains relationships with philanthropic organizations including Instituto Millenium and VRB, though the operational separation between Turim's investment and philanthropic functions has not been publicly detailed.

How is Turim compensated, and does it accept retrocessions?

Turim's founding thesis was independence from the product-distribution model that dominates Brazilian wealth management. The firm charges advisory fees that align its economics with client portfolio outcomes. Turim's self-description as an independent, partner-owned firm implies it does not rely on retrocessions or commission rebates from fund managers, though the firm has not published a detailed fee schedule.

What distinguishes Turim from the private-banking arms of Itaú or BTG Pactual?

Brazil's largest wealth pools are typically managed inside the private-banking divisions of Itaú Unibanco, Bradesco, and BTG Pactual. Turim competes by offering partner-level attention from its founders, an absence of proprietary product mandates, and a cross-border investment toolkit that includes co-investments, secondaries, and direct real estate. The firm's proprietary Turim Statement software provides families with consolidated reporting across asset classes, custodians, and geographies that bank platforms often silo.

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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