RJI Gestão & Investimentos

What RJI Gestão & Investimentos does

RJI Gestão & Investimentos is an independent Brazilian asset management firm (gestora de recursos) founded in 2012 and headquartered in Rio de Janeiro, with a regional office in Porto Alegre. The firm operates three regulated investment funds covering distinct asset classes: RJI Cash FIRF Simples, a low-volatility fixed income fund investing at least 95% in Brazilian federal government securities with a 0.10% annual administration fee targeting CDI returns; RJI Wegos Valor FIA, an active equity fund launched in October 2017 with a 2.0% management fee (max 3.0%) and 20% performance fee versus the Ibovespa benchmark; and Intertrade FIDC, a credit rights fund launched in November 2024 with a 0.4% management fee and 15% performance fee versus CDI, restricted to professional investors. The firm is regulated by CVM, supervised by BSM Supervisão de Mercados, regulated by BACEN, and associated with B3, and offers additional services including investment clubs and managed portfolios alongside a separate affiliated securities brokerage (RJI Corretora de Valores).

The firm's underlying technology is conventional fund administration and portfolio management infrastructure with no disclosed proprietary components; investor onboarding runs through a Britech-hosted portal (satonboarding.britech.com.br/RJI). Distribution is built around partnerships with four major Brazilian retail-investor platforms — Warren (primary partner), Genial Investimentos, Modalmais, and Necton — supplemented by direct online registration. Content marketing includes a monthly Carta Mensal authored by economic consultant Oscar Frank, weekly Resumo Semanal market summaries, and a YouTube channel (@rjiinvestimentos).

Revenue is generated entirely through management fees (0.10%-2.0% depending on fund) and performance fees (15%-20% above benchmark) on assets under management across the three funds. Customer segments span retail general investors (Wegos, Cash) and professional investors (Intertrade FIDC), with horizontal segmentation across asset class rather than vertical specialization. Leadership is led by co-founder Enio Rodrigues (former president of the Rio de Janeiro Stock Exchange and vice-president of the National Securities Commission), co-founder Mauro Mello, equity PM Rafael Weber (Banco Banrisul board member), investment manager Bruno Cruz, and economic consultant Oscar Frank (Corecon-RS Economist of the Year 2021). The firm also participates opportunistically in infrastructure concessions, most recently bidding in the May 2026 Public Lighting PPP auction for Nova Friburgo (RJ) via Consórcio Concip Nova Friburgo.

Name

RJI Gestão & Investimentos

Legal name

RJI Gestão & Investimento

Website

https://rjigestora.com.br

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

RJI Gestão & Investimentos is a Brazilian independent asset management firm operating three regulated funds — RJI Cash (fixed income), RJI Wegos Valor (equities), and Intertrade FIDC (credit rights) — serving retail and professional investors through partner platforms including Warren, Genial, Modalmais, and Necton.

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

Global/International & Emerging Markets Mutual Funds (FSAAAEAK)

akta.pro secondary industry

Money Market Funds (FSAAAEAC)

Keywords

• Asset management services
• Investment fund management
• Equity fund management
• Fixed income investing
• Credit rights funds

Headquarters

HQ city

Rio De Janeiro

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Management fees - RJI Wegos Valor FIA: Annual management fee of 2.0% (maximum 3.0%) on assets under management for the equity fund.
2. Management fees - Intertrade FIDC: Annual management fee of 0.4% on the credit rights fund.
3. Management fees - RJI Cash FIRF Simples: Annual management fee of 0.10% on the cash fund targeting RJI ecosystem clients.
4. Performance fees - RJI Wegos Valor FIA: 20% performance fee on returns exceeding the Ibovespa benchmark.
5. Performance fees - Intertrade FIDC: 15% performance fee on returns exceeding 100% of CDI per semester.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

RJI Gestão & Investimentos is a Brazilian asset management firm that manages three regulated investment funds (RJI Cash FIRF Simples fixed income fund, RJI Wegos Valor FIA equity fund, and Intertrade FIDC credit rights fund) and offers investment clubs and managed portfolios. The firm earns management and performance fees on assets under management and distributes its funds both directly via its own onboarding portal and through partner platforms including Warren, Genial Investimentos, Modalmais, and Necton.

Product overview

RJI Gestão & Investimentos is a Brazilian asset management firm operating three distinct investment funds: RJI Cash FIRF Simples (a low-volatility government securities fund targeting CDI returns), RJI Wegos Valor FIA (an active equity fund aiming to outperform Ibovespa), and Intertrade FIDC (a credit rights fund for professional investors). The firm also offers investment management, fund administration, clubs de investimentos, and managed portfolios services. Funds are distributed through partner platforms including Warren, Genial Investimentos, Modalmais, and Necton.

Differentiator

Problem solved

Functional benefit

Products and services

• RJI Cash FIRF Simples Fixed income fund (Fundo de Investimento em Renda Fixa Simples) that invests a minimum of 95% in Brazilian government securities, focused on post-fixed assets and low volatility. Targets existing RJI ecosystem clients seeking to monetize idle cash holdings, benchmarked to CDI. Minimum investment R$30 with 0.10% annual administration fee.
• RJI Wegos Valor FIA Equity fund (Fundo de Investimento em Ações) classified as Ações Índice Ativo, aiming to outperform the Ibovespa benchmark over longer periods. Invests in stocks of companies with strong growth dynamics and profitability, oriented toward ROIC with growing and recurring operating gains. Minimum investment R$1,000, 2.0% annual administration fee (max 3.0%), and 20% performance fee on returns exceeding Ibovespa. Anbima code 453250.
• Intertrade FIDC Credit rights investment fund (Fundo de Investimento em Direitos Creditórios) focused on acquiring non-standardized credit rights from assignors, aiming to valorize shares through investments in local import contract advances. Available exclusively to Professional Investors with 0.4% annual administration fee and 15% performance fee on returns exceeding 100% of CDI per semester.

Quantifiable outcome

• RJI Wegos Valor FIA achieved 127.2% return since inception (19/10/2017) vs 145.7% for Ibovespa, with 36M return of 42.7%
• +1 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

Partnerships

Five partnerships are on record, tiered core.

• WarrencoreChannel Partner/ Reseller/ DistributorWarren is a primary distribution partner for RJI Gestora, providing the platform for RJI WEGOS VALOR FIA distribution to retail investors. The partnership enables direct investment through Warren's platform with investor support.
• Genial InvestimentoscoreChannel Partner/ Reseller/ DistributorGenial Investimentos is a platform where RJI WEGOS VALOR FIA is available for investors, providing distribution and investor access to RJI funds.
• ModalmaiscoreChannel Partner/ Reseller/ DistributorModalmais platform offers RJI WEGOS VALOR FIA to its investor base, enabling broader market access for RJI funds.
• NectoncoreChannel Partner/ Reseller/ DistributorNecton provides distribution services for RJI WEGOS VALOR FIA, expanding investor reach for RJI Gestora.
• Banco DaycovalcoreOthersBanco Daycoval serves as the administrator and custodian for RJI WEGOS VALOR FIA fund, providing essential back-office and asset custody services.

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

Regional players

• Genial Investimentos: Larger Brazilian investment platform that also operates proprietary asset management. RJI uses Genial as a distribution channel, but Genial's broader retail brokerage and proprietary fund lineup make it a competing asset manager.
• Modal Asset Management: Brazilian asset manager and digital investment platform (Modalmais). Acts as RJI distribution partner but also runs its own fund lineup, making it a partial competitor in the same platform distribution channel.

Direct peers

• Ibiuna Investimentos: Brazilian macro and credit focused asset manager running multiple regulated funds with platform distribution. Comparable in product breadth and reliance on CVM-regulated vehicles.
• Genoa Capital: Brazilian independent asset manager running equity and fixed income funds with focus on long-term returns. Comparable in scale, regulatory standing and product mix to RJI.
• SPX Capital: Brazilian multi-strategy asset manager with equity, fixed income and credit funds. Overlapping product taxonomy and similar boutique positioning with retail and HNW distribution.
• Verde Asset Management: Boutique Brazilian asset manager focused on equity and macro strategies distributed via platforms and direct. Comparable size and GTM motion to RJI, with similar reliance on partner distribution channels.
• Truxt Investimentos: Boutique Brazilian asset manager operating equity and credit funds, distributed via digital platforms. Similar size, product mix and use of partner distribution as RJI.
• Constellation Asset Management: Brazilian independent asset manager running equity and fixed income strategies with platform distribution. Comparable boutique positioning, regulatory profile and product structure to RJI.
• Vokin Investimentos: Brazilian boutique asset manager offering equity and fixed income funds distributed through retail platforms. Similar profile to RJI with a small team, CVM-regulated funds, and platform-led distribution.

Emerging players

• Empiricus Asset Management: Brazilian content-driven asset manager leveraging media brand to distribute funds. Comparable retail-platform GTM motion and CVM-regulated product suite to RJI.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@rjiinvestimentos

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

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 RJI Gestão & Investimentos