Quartzo Capital

What Quartzo Capital does

Quartzo Capital is a Brazil-based, CVM-registered multi-strategy investment platform headquartered in Curitiba, with additional offices in São Paulo, Florianópolis, and Vitória. Founded in 2010 (originally as TM3) and rebranded in 2024 following the 2025 merger of TM3 Capital and Invisto, the firm operates across four business lines: venture capital in Brazilian technology companies (early stage through expansion), corporate finance advisory (M&A, valuation, and capital raising), real estate development and funding solutions, and customized credit structuring. The platform is built around disciplined capital allocation, active governance, and a founder-led investment approach, supported by a team of more than 50 professionals and proprietary networking infrastructure known as the Quartzo Network.

The firm manages more than R$ 1.4 billion in assets on behalf of institutional investors, family offices, and high-net-worth individuals, with disclosed historical fund performance of 1.8x–3.3x TVPI and IRRs above 30% per annum across consolidated strategies, alongside 22+ completed exits. Its investor base includes major Brazilian institutions such as BNDES, FINEP, Bradesco, the Espírito Santo Sovereign Fund, and regional development agencies (Fomento Paraná, BANDES, BRDE). Marketing and origination are relationship-driven through the Quartzo Network community platform, direct institutional outreach, and participation in the Brazilian startup ecosystem, with a regulatory positioning anchored by CVM registration and ANBIMA compliance.

Revenue is generated through multiple streams: management fees and carried interest on VC funds, professional advisory fees for M&A and corporate finance mandates, real estate development margins on R$ 1.3B in Gross Development Value, and credit structuring margins. Specific fees and pricing are negotiated per-client and are not publicly disclosed. The go-to-market motion combines enterprise field sales for institutional capital with community-led deal-flow sourcing for venture investments, targeting B2B technology companies solving real-economy problems in Brazil.

Name

Quartzo Capital

Legal name

Quartzo Capital

Website

https://quartzocapital.com.br

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Quartzo Capital is a Brazilian CVM-registered multi-strategy investment platform managing R$ 1.4B+ across venture capital, corporate finance, real estate, and credit solutions for institutional investors, family offices, and high-net-worth individuals.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industries

Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Venture capital management
• Corporate finance advisory
• Real estate development
• Credit structuring
• Alternative investments

Headquarters

HQ city

Curitiba

HQ country

Brazil

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Venture Capital Management: Management fees and carried interest from venture capital funds. Historical TVPI of 1.8x to 3.3x and IRRs above 30% per annum in consolidated strategies. 10 VC vehicles structured over 15+ years.
2. Corporate Finance Advisory: Strategic advisory services for M&A, valuation, and capital raising transactions, supporting companies and investors in structural growth and liquidity decisions.
3. Real Estate Development: Real estate project development and funding solutions for differentiated projects, with early-stage involvement in expansion regions and focus on sustainable long-term value creation.
4. Credit Solutions: Customized credit structuring with rigorous risk analysis, focused on capital preservation and consistent risk-adjusted returns.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Quartzo Capital is a Brazilian multi-strategy investment platform that manages venture capital funds investing in B2B technology companies from early stage through expansion, provides corporate finance advisory services including M&A, valuation, and capital raising, develops real estate projects with associated funding solutions, and structures customized credit solutions. The firm operates as a CVM-registered asset manager serving institutional investors, family offices, and high-net-worth individuals across Brazil with over R$ 1.4 billion in assets under management.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Capital Fund Management Multi-fund venture capital investment program deploying capital in Brazilian B2B technology companies from early stage through expansion, with disciplined origination, active governance, and structured liquidity planning. Includes historical TVPI of 1.8x-3.3x and IRRs above 30% per annum across 10 VC vehicles structured over 15+ years.
• Corporate Finance Advisory

Quantifiable outcome

• R$ 1.4B+ Assets Under Management
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Vinci Partners: Vinci Partners is Brazil's largest publicly listed alternative asset manager with multi-strategy operations across private equity, credit, real estate, and infrastructure. It is the closest comparable to Quartzo's multi-strategy platform, though at materially larger AUM scale.
• Gávea Investimentos: Gávea Investimentos is a Brazilian alternative asset manager founded by Arminio Fraga, offering private equity, credit, and macro strategies. Its multi-strategy structure and Brazil focus make it a strong peer for Quartzo's platform model.
• Polo Capital: Polo Capital is a Rio-based independent asset manager offering hedge funds, private equity, credit, and real estate strategies. Its multi-strategy platform and CVM registration closely mirror Quartzo's operating model, though with longer hedge-fund heritage.
• Capitânia Investimentos: Capitânia is a Brazilian independent asset manager specializing in credit, fixed income, and private credit strategies with a CVM-registered structure. It is directly comparable to Quartzo's credit vertical and overall manager footprint in Brazil.
• Hedge Investments: Hedge Investments is a multi-strategy Brazilian asset manager offering hedge funds, private equity, and credit funds. Its multi-vertical structure and mid-size AUM make it a structural peer to Quartzo's integrated platform.
• Monashees: Monashees is one of Brazil's largest venture capital firms, investing across stages in B2B and consumer technology. It is the most direct comparable for Quartzo's venture capital vertical and shares the founder-led Brazil tech thesis.
• Kaszek Ventures: Kaszek is the leading Latin American venture capital firm, with Brazil as a primary market and a B2B tech focus. Comparable to Quartzo on the VC vertical in terms of stage range and Brazil exposure.
• Valor Capital Group: Valor Capital is a US-Brazil cross-border venture capital and growth-equity firm targeting Brazilian and US-LatAm tech companies. Comparable to Quartzo's venture capital vertical with similar B2B tech focus and institutional LP base.

Broad incumbents

• BTG Pactual: BTG Pactual is Latin America's largest investment bank with broad alternative-asset, M&A advisory, credit, and real estate operations. As an incumbent with overlapping capabilities across all of Quartzo's verticals, it represents the dominant competitive force in the Brazilian institutional market.
• XP Asset Management: XP Asset Management is the asset-management arm of XP Inc., one of Brazil's largest retail-and-institutional financial platforms, offering alternatives, fixed income, and multi-manager funds. Overlaps with Quartzo on the asset management and capital-raising dimensions at materially larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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

M&A

Investments7 records

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

Frequently asked questions about Quartzo Capital