EB Capital
EB Capital is a São Paulo–based alternative asset manager founded in 2017, running five investment verticals (Capital Solutions, Private Equity, Climate, Agribusiness, Real Estate) for Brazilian institutional, family office, and qualified HNW investors, with a flagship controlling stake in waste-to-energy operator Orizon.
- Company typePrivate
- Founded2017
- HeadquartersSão Paulo, Brazil
- Headcount11–50
- GTM typeB2B
- OfferingServices
What EB Capital does
EB Capital is a Brazilian alternative asset management firm headquartered in São Paulo's Itaim Bibi district, founded in 2017 and operating with a team of 11–50 professionals. The firm runs a multi-strategy platform spanning five verticals: Capital Solutions (flexible credit-equity hybrid structures), Private Equity (buy-and-build national market leaders), Climate Investments (scalable decarbonization solutions), Agribusiness (structured financing), and Real Estate (partnerships with best-in-class operators such as JHSF). Specific fund vehicles include EB Crédito Privado (private credit) and EB JHSF (a real estate FII).
EB Capital serves institutional investors, family offices, and high-net-worth qualified investors seeking Brazilian alternative investment exposure, operating through a direct sales model regulated by ANBIMA and CVM. Its go-to-market centers on direct institutional engagement supported by a corporate website, LinkedIn, Instagram, and a dedicated investor relations function ([email protected]), with regulatory documentation publicly available for due diligence. The firm monetizes through asset management fees on managed funds, performance/carried interest on investment returns, and transaction/arrangement fees on co-investments such as the R$1.3 billion Orizon capital increase.
The firm's flagship position is its 2025 controlling investment in Orizon Valorização de Resíduos S.A., a R$10.8 billion market-cap waste-to-energy operator running 30 landfills across 15 Brazilian states and serving roughly 35% of Brazil's population. EB Capital is led by Managing Partner & CEO Eduardo Sirotsky Melzer, Managing Partner & Vice Chairman Marcelo Claure (former SoftBank Group International and Sprint CEO), Managing Partner & CEO of EB Climate Luciana Antonini Ribeiro, Chairman Pedro Pullen Parente, and co-founder Fernando Fontes Iunes, with the firm historically acquiring MOB TELECOM in 2020.
EB Capital firmographics
Firmographics- Name
- EB Capital
- Legal name
- eB Capital
- Website
- https://ebcapital.com.br
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- EB Capital is a São Paulo–based alternative asset manager founded in 2017, running five investment verticals (Capital Solutions, Private Equity, Climate, Agribusiness, Real Estate) for Brazilian institutional, family office, and qualified HNW investors, with a flagship controlling stake in waste-to-energy operator Orizon.
- Ownership category
- akta.pro rank
EB Capital industry classification
Industry- Product category
- Alternative Asset Management
- NAICS
- Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399), Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599)
- SIC
- Investment Advice (6282), Finance Services (6199)
- akta.pro primary industry
- Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)
- akta.pro secondary industries
- Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
Keywords
Where EB Capital is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
EB Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Asset Management Fees: EB Capital earns management fees from operating alternative investment funds across private equity, climate investments, agribusiness structured financing, and real estate strategies.
- Performance / Carried Interest Fees: As a private equity and alternative asset manager, EB Capital likely earns performance fees tied to investment returns on its managed funds.
- Co-investment and Deal Arranging: EB Capital arranges capital increases and co-investments alongside other investors, earning arrangement fees or carried interest on transactions such as the R$1.3 billion Orizon capital increase.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
EB Capital product offering
Product offeringCore offering
EB Capital is a Brazilian alternative asset management firm that manages and distributes investment strategies across private equity, climate investments, agribusiness structured financing, real estate, and flexible capital solutions combining credit and equity. The firm deploys capital through direct investments (e.g., the R$1.3 billion controlling stake in waste-to-energy operator Orizon) and manages specific fund products including EB JHSF (a real estate FII) and EB Crédito Privado (a private credit fund) for institutional and qualified investors.
Product overview
EB Capital is a Brazilian alternative asset management firm offering a diversified portfolio of investment strategies. The firm operates four core investment platforms: Capital Solutions (providing flexible credit-equity hybrid financing), Private Equity (building national market leaders in high-growth sectors), Climate Investments (investing in scalable decarbonization solutions), and Agribusiness (structured financing for Brazil's agricultural sector). The Real Estate division forges strategic partnerships with best-in-class operators. Additionally, EB Capital manages two specific fund products: EB JHSF, a real estate investment fund (FII) in partnership with JHSF, and EB Crédito Privado, a private credit fund. The firm serves institutional and qualified investors seeking to partner with exceptional management teams for growth and high returns.
Differentiator
Problem solved
Functional benefit
Products and services
- Capital Solutions Flexible and tailored capital solutions combining credit and equity to support companies across diverse sectors in unlocking value and accelerating growth; offered to portfolio companies and investees.
- Private Equity Strategy of building national market leaders in high-growth Brazilian industries through strategic investments and partnerships with exceptional management teams, executed via direct controlling investments such as the Orizon transaction.
- Climate Investments Market-leading climate investment platform investing in scalable decarbonization solutions, including waste-to-energy, biogas, biomethane, electricity, and carbon credit infrastructure across Brazil.
- Agribusiness Structured financing solutions for Brazil's agribusiness sector, providing tailored credit and equity capital for agricultural operations, land expansion, equipment, and working capital needs.
- Real Estate Strategic partnerships with best-in-class operators across various real estate strategies, delivering real estate investment exposure to qualified investors.
- EB JHSF (FII) Real estate investment fund (FII) offered by EB Capital in partnership with JHSF for qualified investors seeking Brazilian real estate exposure.
- EB Crédito Privado Private credit investment fund managed by EB Capital, providing qualified investors with exposure to private credit opportunities in Brazil.
Quantifiable outcome
- R$10.8 billion market cap achieved by portfolio company Orizon under EB Capital's controlling ownership, with 13.13% year-to-date stock appreciation
- +1 more outcomes
Companies that use EB Capital
Customer profileSegments3 records
Ideal customer profiles3 records
EB Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
EB Capital partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights5 records
EB Capital competitors and assessment
Company assessmentDirect peers
- Vinci Partners: Brazilian-listed alternative asset manager offering private equity, credit, infrastructure, real estate, and hedge funds. Most direct comparable to EB Capital's multi-strategy platform, serving institutional and qualified investors in Brazil.
- 3G Capital: Brazilian-founded global private equity firm known for consumer/retail buyouts. Comparable to EB Capital as a Brazil-rooted PE platform building national market leaders, though at materially larger AUM and global scope.
- Bozano Investimentos: Brazilian independent investment bank and asset manager with private equity and corporate advisory offerings. Comparable to EB Capital in its Brazilian mid-market focus and multi-strategy alternatives approach.
- Gávea Investimentos: Brazilian alternative asset manager owned by J.P. Morgan, focused on private equity, hedge funds, and fixed income. Comparable to EB Capital as a Brazilian alternatives platform, with stronger institutional backing and longer track record.
- Patria Investments: Latin American alternative asset manager with private equity, credit, infrastructure, and real estate strategies. Comparable to EB Capital as a multi-strategy LatAm alternatives platform, with stronger track record and broader geographic footprint.
- SPX Capital: Brazilian independent alternative investment manager offering equities, fixed income, and private credit funds. Comparable to EB Capital as a Brazilian-headquartered alternatives firm, though with a more public-markets-oriented focus.
Broad incumbents
- Itaú Asset Management: One of Brazil's largest asset managers, with private equity, credit, infrastructure, and ESG strategies. Comparable to EB Capital as a Brazilian-headquartered broad incumbent that competes for institutional alternatives mandates.
- Brookfield Asset Management: Global alternative asset manager with significant infrastructure and renewable energy exposure in Brazil. Comparable to EB Capital's climate/infrastructure platform (e.g., Orizon) as a competitor for large Brazilian infrastructure and energy-transition deals.
- BTG Pactual: Largest Brazilian investment bank with a sizable alternatives arm (private equity, credit, infrastructure, real estate). Comparable as a broad incumbent offering alternatives products that overlap with EB Capital's PE, credit, and climate verticals.
Emerging players
- Aqua Capital: Brazilian private equity firm specialized in agribusiness and food value chain investments. Comparable to EB Capital's Agribusiness vertical as a sector-focused Brazilian PE manager, though without the multi-strategy platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
EB Capital social profiles
Digital presenceEB Capital compliance and trust
Trust signalCompliance1 record
EB Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
EB Capital leadership team
Management profileNumber of profiles
Profiles12 records
EB Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EB Capital M&A and investment
M&A and investmentM&A1 record
Investments8 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EB Capital
What does EB Capital do?
EB Capital is a Brazilian alternative asset management firm that manages and distributes investment strategies across private equity, climate investments, agribusiness structured financing, real estate, and flexible capital solutions combining credit and equity. The firm deploys capital through direct investments (e.g., the R$1.3 billion controlling stake in waste-to-energy operator Orizon) and manages specific fund products including EB JHSF (a real estate FII) and EB Crédito Privado (a private credit fund) for institutional and qualified investors.
Is EB Capital a public or private company?
EB Capital is a private company. It is classified as management employee owned and is currently operating.
When was EB Capital founded?
EB Capital was founded in 2017. It employs 11 to 50 people.
Where is EB Capital based?
EB Capital is headquartered in São Paulo, Brazil, in the Latin America region.
How does EB Capital make money?
Three revenue lines are on record. Asset Management Fees are the primary driver. The others are performance / Carried Interest Fees and co-investment and Deal Arranging.
Who are EB Capital's main competitors?
Direct peers on record are Vinci Partners, 3G Capital, Bozano Investimentos, Gávea Investimentos, Patria Investments and SPX Capital. Broad incumbents are Itaú Asset Management, Brookfield Asset Management and BTG Pactual. Aqua Capital is listed as an emerging player.
Does EB Capital have an API?
No public API is recorded for EB Capital.
What industry is EB Capital in?
EB Capital's product category is Alternative Asset Management. Its primary akta.pro industry code is BPAHADAG, Capital Raising Advisory (Debt/Equity/Private Capital), with a secondary code of FSANAHAN, Corporate Strategic Real Assets & Infrastructure Venture Investing. Its NAICS code is 52394 and its SIC code is 6282.