What JGP does

JGP is a privately held Brazilian independent asset and wealth management firm founded in 1998 and headquartered across Rio de Janeiro and São Paulo, managing approximately R$30 billion in assets under management with 121+ employees. The firm organizes its offering into five core fund verticals — Multimercados (multi-strategy, including the flagship JGP Max), Ações (equities, with specialty healthcare/biotech exposure), Crédito ESG (sustainable credit), Imobiliário (real estate FIIs), and Previdência (pension) — and operates the sustainable investment sub-brand Régia Capital through a joint venture with BB Asset (Banco do Brasil) that has reached R$17 billion AUM.

The platform combines traditional active management with a proprietary Índice de Disciplina (Discipline Index), developed in-house to measure corporate capital allocation discipline from thousands of Brazilian earnings conference calls since 2014. Distribution is executed primarily through a channel-partner model: JGP funds are available on 25+ Brazilian platforms including BTG Pactual Digital, XP Investimentos, Nubank, C6 Bank, Warren, Genial, Guide, Inter, and Itaú Personnalité, supplemented by an independent investment advisor network.

JGP generates revenue primarily through recurring asset management fees on AUM across the multi-segment fund platform, with performance fee contribution from flagship strategies such as JGP Max. The firm has divested its wealth management arm to BTG Pactual, sharpening its focus on asset management. External validation includes a Moody's MQ1 manager quality assessment and alignment with TCFD/TNFD, PCAF, Net Zero Asset Managers Initiative, and IFACC frameworks. Leadership is anchored by founding partner André Jakurski, who previously operated for George Soros and at Banco Pactual, with partner Fábio Fonseca leading the equity franchise.

Name

JGP

Legal name

JGP Gestão de Recursos Ltda.

Website

https://jgp.com.br

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

JGP is a privately held Brazilian independent asset manager founded in 1998, managing approximately R$30 billion across multimercado, equity, ESG credit, real estate, and pension funds, distributed through 25+ Brazilian investment platforms and the Régia Capital ESG joint venture with BB Asset.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Evergreen / Open-Ended Multi-Manager Platforms (FSANAGAM)

Keywords

• Asset management services
• Wealth management solutions
• Investment fund management
• Equity portfolio management
• ESG credit investing

Headquarters

HQ city

Humaitá

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Asset Management Fees: JGP generates revenue through management fees on assets under management across its multi-segment fund platform including multimercados, ações, crédito ESG, imobiliário, and previdência funds. AUM of approximately R$30 billion.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels4 records

Core offering

JGP is a traditional Brazilian asset and wealth management firm that manages approximately R$30 billion in assets through a multi-product fund platform spanning multimercados (multi-strategy), ações (equities), crédito ESG (sustainable credit), imobiliário (real estate), and previdência (pension) funds. The firm pursues consistent returns combined with active risk management to preserve investor capital, and operates the Régia Capital sustainable investment platform in partnership with BB Asset.

Product overview

JGP is a traditional Brazilian asset management firm with over 27 years of track record and approximately R$30 billion in assets under management. The company operates a multi-product platform organized around five core fund categories: Multimercados (multi-strategy), Ações (equity), Crédito ESG (sustainable credit), Imobiliário (real estate), and Previdência (pension). The flagship JGP Max leads the multimercado category. JGP also operates through Régia Capital, a sustainable investment platform created in partnership with BB Asset, and manages JGP Wealth for family office services. The firm distributes its products across 25+ investment platforms including BTG Pactual Digital, XP, Nubank, and Guide, while maintaining offices in Rio de Janeiro and São Paulo.

Differentiator

Problem solved

Functional benefit

Brands

• Régia Capital: A sustainable investment platform created through a strategic partnership between BB Asset and JGP, focused on ESG investments combining financial returns with socioenvironmental impact.

Products and services

• JGP Multimercados Multi-strategy investment funds that combine various asset classes including equities, fixed income, currencies, and derivatives to generate returns across different market conditions. Targets investors seeking diversified exposure through a single fund.
• JGP Ações Equity funds investing in Brazilian and international stocks, including specialized healthcare and biotechnology portfolios managed by a medical doctor-turned-portfolio manager. For investors seeking equity exposure across sectors.
• JGP Crédito ESG ESG-focused credit funds investing in sustainable debt instruments including green bonds, social bonds, and sustainability-linked loans supporting renewable energy, sustainable agriculture, and infrastructure projects. Targets investors seeking sustainable fixed-income exposure.
• JGP Imobiliário Real estate funds (FIIs) investing in commercial properties, shopping centers such as Rio Design Leblon, and real estate debt instruments including debentures. For investors seeking real estate exposure in Brazil.
• JGP Previdência Pension and retirement funds offering structured investment solutions for long-term wealth preservation and retirement planning. Targets investors building retirement savings.
• JGP Max Flagship multi-strategy fund that leads the multimercado category according to the FGV Guia de Fundos 2024 ranking, combining macro, equity, and fixed income strategies within the JGP Multimercados suite.
• JGP Ecossistema FI-Infra (JGPI11) Infrastructure investment fund (FI-Infra) focused on financing infrastructure projects in Brazil, listed on the B3 stock exchange. Targets investors seeking infrastructure debt exposure.
• Régia Capital Sustainable investment platform created through a strategic partnership between BB Asset and JGP, focusing on aligning financial returns with socioenvironmental impact in renewable energy, sustainable agriculture, bioeconomy, and resilient infrastructure sectors. Reached R$17 billion in AUM as of June 2026.
• JGP Wealth Family office and wealth management division managing approximately R$15-18 billion in assets, offering personalized investment solutions for high-net-worth individuals and families.

Named customers1 record

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and major.

• BB Asset (Banco do Brasil)coreStrategic or Co-development Partner · 19 January 2024JGP partnered with BB Asset to create Régia Capital, a dedicated sustainable investment platform combining BB Asset's distribution capability and capillarity with JGP's active management expertise and innovation. Régia Capital focuses on aligning financial returns with socioenvironmental impact, targeting renewable energy, sustainable agriculture, bioeconomy, and resilient infrastructure sectors.
• BTG Pactual DigitalcoreChannel Partner/ Reseller/ DistributorJGP distributes its investment funds through BTG Pactual Digital platform, accessible via assessor code 38333.
• XP InvestimentoscoreChannel Partner/ Reseller/ DistributorXP Investimentos serves as a distribution platform for JGP funds.
• WarrenmajorChannel Partner/ Reseller/ DistributorWarren platform distributes JGP investment funds.
• NubankmajorChannel Partner/ Reseller/ DistributorNubank platform provides access to JGP investment funds.
• C6 BankmajorChannel Partner/ Reseller/ DistributorC6 Bank platform distributes JGP investment funds.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• BTG Pactual Asset Management: Brazil's largest independent asset manager and JGP's distribution partner on BTG Pactual Digital. Directly comparable across multimercado, equity, credit, and wealth strategies and the principal consolidator in Brazilian asset management (acquired JGP Wealth).
• XP Asset Management: Independent Brazilian asset manager operating across multi-strategy, equities, fixed income, and offshore funds, distributed through the XP platform — also a JGP distribution partner. Closest direct competitor on product breadth and open-platform distribution.
• Genoa Capital Partners: Brazilian credit manager with ESG and infrastructure debt funds (including FI-Infra). Directly comparable to JGP Crédito ESG and the JGPI11 infrastructure fund on sustainable credit strategies.
• Vinci Partners: Brazilian independent alternative and traditional asset manager (publicly listed) managing private equity, credit, infrastructure, and liquid strategies. Overlaps with JGP on ESG credit, infrastructure (FI-Infra), and multi-strategy.
• ARX Investimentos: Independent Brazilian asset manager focused on equities and macro strategies, distributed across major Brazilian platforms. Comparable independent profile with similar multi-strategy and equity product mix to JGP.
• Kapitalo Investimentos: Independent Brazilian asset manager specializing in multimercado and macro strategies led by well-known portfolio managers. Direct competitor in the same FGV-ranked multimercado category where JGP Max won the 2024 award.

Regional players

• Warren Investimentos: Brazilian digital investment platform and one of JGP's listed distribution partners. Functions partly as a peer (in-house portfolio solutions) and partly as a channel; relevant for understanding JGP's access to retail investors via neobroker platforms.

Broad incumbents

• Itaú Asset Management: Bank-affiliated Brazilian asset manager of Itaú Personalité, one of JGP's listed distribution platforms. Largest incumbent asset manager in Brazil with broad multi-asset fund offerings competing for the same retail and institutional mandates.
• BB Asset (Banco do Brasil Asset): Brazilian bank-affiliated asset manager and Régia Capital JV partner with JGP. Massive distribution via Banco do Brasil branches, providing both partnership economics and competitive overlap in retail and ESG credit products.

Emerging players

• Navi Capital: Brazilian digital-first asset manager focusing on direct-toconsumer retail distribution via Navi platforms. Emerging player competing with JGP for retail wallet share on digital distribution channels.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/jgp.asset

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JGP