Vexty

Vexty

Vexty was established in 1995 by Novonor, then known as Odebrecht, to administer supplementary pensions for employees of its group companies. Additional sponsors such as Braskem, Atvos Agroindustrial and Ocyan joined over time, expanding the participant base while preserving the closed structure. The entity remains headquartered in Sao Paulo and reports directly to its governance bodies rather than external asset managers. Vexty deploys capital into equities via Vexty RV Fundo de Investimento em Ações, fixed-income instruments through Vexty CDI Fundo de Investimento em Cotas, and absolute-return strategies in Vexty Retorno Absoluto FIC FIM. It also selects managers for the Vexty Real Estate Investment Fund focused on commercial properties in Brazil. In private markets the fund holds a position in Pátria Private Equity VI and in FIP UV Jaraguá. Allocations stay within Brazil, with no disclosed exposure outside the country. The organization employs 50 professionals. It maintains membership in Abrapp and its educational arm UniAbrapp. In March 2025 Vexty participated as speaker at the Encontro Regional Sudoeste Abrapp on the Code of Recommended Conduct for the EFPC sector. In June 2025 it spoke at the Bienal do Livro in Rio de Janeiro on financial and pension education. Service providers include BNY Mellon Banco S.A. as custodian and KPMG as independent auditor. Vexty operates under the closed-entity rules of Brazilian pension regulation, which limits participation to employees of designated sponsoring companies and requires separate governance from those sponsors. This structure creates a direct link between sponsor payrolls and investment decisions without intermediary family-office vehicles.