Brazil holds the largest concentration of private wealth in Latin America, and Brazilian family offices manage tens of billions in assets across private equity, private credit, real assets, and venture.
It is also one of the most fragmented and opaque allocator markets out there. Family offices here are notoriously private, deal flow runs through tight relationship networks, and there is no central registry. Most fund managers either skip the market entirely or pursue a handful of names through warm intros, missing the rest.
That is the gap Dakota Marketplace fills.
Below are the top 10 family offices in Brazil by AUM. The full list of verified Brazilian family offices, with CIO bios, investment preferences, and direct contacts, lives in Dakota Marketplace.
In this article we are giving you a list of the top family offices in Brazil. To see a full list, you can view this in Dakota Marketplace.
AUM: $200B
Metro: Rio de Janeiro
Gerval Investimentos is the family office of the Gerdau group, founded May 7, 1973 and based in Porto Alegre, Rio Grande do Sul. CVM-accredited, the firm manages third-party capital through investment funds and managed portfolios, with a dedicated team focused on asset preservation and growth. With $200 billion in AUM, Gerval centers its strategy on protecting and maximizing client assets through a comprehensive, client-centric approach to resource management.
AUM: $11B
Metro: Sao Paulo
Brasil Warrant Gestão de Investimentos (BWGI) is the São Paulo-based family office of the Moreira Salles family, founded in 2008 and managing $11 billion across a globally diversified portfolio spanning asset allocation, alternatives, and illiquid investments. The firm operates exclusive vehicles for qualified investors and partners with outside and emerging managers with differentiated strategies, and plans to evaluate new funds over the next 12 months.
AUM: $3.88B
Metro: Sao Paulo
Pragma Patrimônio is a São Paulo-based family office advising a select group of families and foundations, with $3.88 billion in AUM deployed across local and Latin American markets. The firm invests through external fund managers across a broad alternatives portfolio — private equity, venture capital, private debt, real estate, infrastructure, natural resources, and hedge funds — and plans to continue committing capital to outside vehicles over the next 12 months.
AUM: $1.5B
Metro: Sao Paulo
Raiz Investimentos is a São Paulo-based family office with $1.5 billion in AUM, transitioning from outsourced to in-house investment management under CIO Lee Herzog, who is establishing a New York office. The firm is streamlining its public equity lineup in favor of offshore offerings and uncorrelated alternatives, and in private markets is overweight venture capital and growth equity while actively seeking buyout opportunities with stronger multiples.
AUM: $500M
Metro: Sao Paulo
Squanto Investments is a Family Office headquartered at Rua Pedroso Alvarenga, São Paulo, operating within the Sao Paulo, Brazil metro area. The firm is a single-family office with an executive team managing its assets across multiple regions including Brazil, Europe, and the USA. Squanto Investments manages assets totaling $500 million. Its investment activities span diverse sectors such as commodities, hedge funds, private equity, shipping, farming, and real estate, reflecting a broad and diversified financial scope.
Want the rest of the list? Dakota Marketplace tracks 4,000+ verified family offices globally, including dozens more across Brazil with CIO bios, investment preferences, and direct decision-maker contacts → book a demo here!
AUM: $500M
Metro: Sao Paulo
Península Participações is a São Paulo-based family office founded in 2006 by Abilio Diniz, managing $500 million across the Diniz family's resources and third-party assets. The firm deploys long-term capital into strategic businesses, asset management, real estate, and real assets across Brazil and internationally, with social impact initiatives integrated into its investment strategy.
AUM: $500M
Metro: Sao Paulo
LTS Investments is a São Paulo-based family office managing $500 million on behalf of a group of partners who have built multiple businesses over the past 40 years. The firm focuses on backing outstanding leaders and entrepreneurial ventures, with a long-term orientation toward growth and business development.
AUM: $500M
Metro: Sao Paulo
Hieron Patrimônio Familiar e Investimento is a São Paulo-based independent multi-family office and asset management group founded by Robert van Dijk and Reinaldo H. Lacerda, each with over 35 years in domestic and international markets, and incorporated by REAG in December 2024. The firm manages $500 million across two platforms — Hieron Family Office for patrimonial planning and wealth preservation, and Hieron Asset Management for capital markets solutions — operating under an independent, conflict-free advisory model with a single contractually agreed fee structure.
AUM: $500M
Metro: Sao Paulo
Capri Family Office is a São Paulo-based firm managing $500 million for individuals, families, and corporations through a conflict-free, fee-transparent advisory model, with client assets custodied externally to eliminate credit risk exposure. The firm covers both liquid and illiquid asset management — with rigorous due diligence on alternatives — alongside a full suite of wealth services including portfolio and risk management, succession and tax planning, philanthropic strategy, and next-generation preparation, supported by a proprietary asset consolidation tool and ANBIMA registration.
AUM: $500M
Metro: Sao Paulo
Black River Family Office operates as a Family Office serving the Solomon and Zoppi families. The office is based in São Paulo and is associated with the Sao Paulo, Brazil metro area. The Family Office manages assets totaling $500 million. Its activities and platform descriptions are not further detailed in the provided information.
The family office channel has grown roughly 5x in a decade, and the universe keeps expanding as PE professionals, founders, and business owners who sold to sponsors form their own offices. The opportunity has never been bigger. The challenge is that most family office databases count offices, including the ones that are self-directed, dormant, or only managing the family's personal assets. A list of 24,000 names is worthless if most of them do not allocate to outside managers.
Dakota Marketplace is built differently.
Every record is evaluated by a fundraiser using the same standard they would apply to their own prospect list: does this office actually write checks to outside investment managers? If the answer is no, it is not in the database.
That gives you:
- 4,000+ verified family offices actively allocating to outside managers
- 8,000+ decision-maker contacts, averaging two CIOs or investment directors per office, each with bios and stated investment preferences
- Daily updates from a 60-person research team across 91 countries, with 2,000+ new offices added in 2025
- CRM integration with Salesforce, HubSpot, DealCloud, Dynamo, Altvia, and more
To view more family offices in Brazil or other countries, book a demo of Dakota Marketplace.
