The Team

Márcio Appel, founding-partner: Worked as Head of Safra Asset Management from 2008 and 2015. Also headed Santander Asset Management (2001-2008) and previously was a Trader at Banco Bozzano Simonsen (1995-200). Bachelor in Electronic Engineer at ITA with an MBA at Michigan University. Director at ANBIMA from 2007 to 2012.

André Salgado, founding-partner and Chief of Staff: Partner at Private Equity Araxá Investimentos (2013-2015), Head at Safra Corretora (2010-2013) and Head at Santander Brokerage House (2003-2010). Also worked at Indosuez, Santander (1997-2000), Itaú (1994-1997) has a Business and Finance degree at FAAP/USM with a degree in Sales Force Management at INSEAD (France).

Fábio Landi, partner and Senior Portfolio Manager: Head of Fixed Income at Banco Santander (2007-2016) managing all Fixed Income and Multi Strategy Funds previously at Banco Votorantim (2002-2007) and Deutsche Bank (1997-2001). Bachelor in Economics at Mackenzie University with MBA at INSPER.

Guilherme Rafare, partner and Chief Risk and Compliance Officer: He started in the Financial Market in 1988, after completing the Technical Training in Capital Markets, a course offered by the extinct Bolsa de Valores do Rio de Janeiro (Rio de Janeiro Stock Exchange). Holds a Bachelor in Economics at FCPERJ and obtained a Law degree at PUC-SP, with a MBA at IBMEC-RJ and and a Master Degree in Law, from USP. Worked at Banco Boavista, Credit Suisse, Santander and was responsible for spearheading the Brazilian operations of RiskMetrics (RMG), a leading Risk Management company. Served as member of several risk committees such as: BVM&F, FEBRABAN, ABBC, ABBI, CA2R and ANDIMA. Taught Financial Derivatives at PUC-RJ.

Camila Souza, partner and COO: Worked as COO at ARX Investimentos since 2006 and coordinated Product Development and the International Platform. Also worked at Turim Investimentos (2003-2006), Wachovia and Merrill Lynch (1999-2003). Bachelor in Business Administration at Universidade Candido Mendes (2000) and a Finance MBA at FGV>

José Vieira,Ph.D., partner and Chief Economist: Former Head of Economic Research at Kadima Asset Management also worked as Head of Economic Strategy at Deutsche Bank in New York. Consultant for the World Bank and Professor of Derivatives at Fundação Getúlio Vargas. Mr. Vieira has a Ph.D. in Economics at University of Chicago. Bachelor in Computer Sciences at PUC Rio de Janeiro and M.A. in Economics at both FGV and University of Chicago.

Sergio Dias, partner and Portfolio Manager: With 30 years of experience in the financial markets, worked as Managing Director at Padrão DTVM as an Open Market trader. Also worked at managing partner at Dimarco DTVM. Founding partner at Quantia Corretora de Mercadorias e Futuros and Director at Boreal DTVM for 10 years. Member of the ANBIMA Market Committee and Board member at Cia. Providência. Sergio is an engineer with a master degree in Economic Engineer at UFRJ and a Finance MBA at PUC-RJ.

Humberto Peres, partner and Investor Relations: Started his career at Liquidez DTVM from 1998 to 2004. Worked at GFI LLC in New York (2004-2007) and at TFS/ICAP as Executive Director and Board Member in New York and Rio de Janeiro leading the Sales Force for Fixed Income, Commodities and Derivatives. MBA in Corporate Finance at IBMEC-RJ.

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