Yards Capital
Yards Capital is an independent Brazilian asset manager founded in 2023, managing R$ 2.5 billion across a multi-product platform of wealth management and seven fund structures for qualified and institutional investors.
- Company typePrivate
- Founded2023
- HeadquartersSão Paulo, SP, Brazil
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Yards Capital does
Yards Capital (legal entity: Yards Asset Gestão de Recursos Ltda.) is a Brazilian independent asset management firm founded in 2023 and headquartered in Rio de Janeiro with a secondary office in São Paulo. The firm provides discretionary wealth management and multi-strategy fund solutions to qualified investors and institutional clients, with disclosed assets under management of R$ 2.5 billion and a team of more than 20 professionals.
The product platform spans seven Brazilian fund structures — Wealth Management, Fundos Incentivados (tax-advantaged infrastructure funds), FII (real estate), FIF (financial investment funds), FIDC (receivables/credit), FIP (private equity participations), and FIM (multi-strategy) — alongside two named flagship funds: Yards Multiestratégia (multi-strategy across fixed income, equities, and FX) and Yards Juros e Moedas (macro strategy focused on interest rates and currencies). Sector focus areas include infrastructure, liquid markets, private credit, and ESG-integrated investing. No proprietary technology platform is disclosed; investment decisions rely on investment committee governance, fundamental credit analysis, and proprietary origination of structured products.
The firm operates a sales-led, direct-distribution model targeting qualified and institutional investors through its internal relationship team, without third-party intermediaries. Revenue is generated through recurring management fees (1.77%, maximum 2.14% on flagship funds), performance fees (20% on returns exceeding 100% of accumulated CDI), and custody/administration fees (0.03% per annum on NAV). The firm is regulated by the CVM and certified under ANBIMA self-regulation across wealth management, asset management, and product distribution. Leadership is composed predominantly of former Banco do Brasil and BB Asset Management executives, including CEO Marcelo Marques Pacheco (38 years at Banco do Brasil, 28 as CIO at BB Asset).
Yards Capital firmographics
Firmographics- Name
- Yards Capital
- Legal name
- Yards Asset Gestão de Recursos Ltda.
- Website
- https://yards.capital
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Yards Capital is an independent Brazilian asset manager founded in 2023, managing R$ 2.5 billion across a multi-product platform of wealth management and seven fund structures for qualified and institutional investors.
- Ownership category
- akta.pro rank
Yards Capital industry classification
Industry- Product category
- Asset Management
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Real Estate Funds — Opportunistic / Development (FSANAEAI)
- akta.pro secondary industry
- Natural Resources Funds (Timberland, Farmland, Minerals) (FSANAEAK)
Keywords
Where Yards Capital is headquartered
LocationHeadquarters
- HQ city
- São Paulo, SP
- HQ country
- Brazil
- HQ region
- Latin America
Offices2 records
Markets served
Yards Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Compliance, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Management Fees: The firm charges management fees on assets under management. For the Yards Multiestratégia fund, the administration fee ranges from 0.085% to 0.10% annually depending on asset size, and the management fee is 1.77% (maximum 2.14%).
- Performance Fees: The Yards Multiestratégia fund charges a performance fee of 20% of the quota appreciation that exceeds 100% of accumulated CDI in each redemption and/or semester.
- Administration and Custody Fees: Both funds charge custody fees of 0.03% per annum on the net asset value, with a minimum monthly remuneration of R$ 2,500.00.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Yards Multiestratégia fund administration fee tiers based on AUM |
| Subscription | Annual | Yards Juros e Moedas fund with no performance or exit fees |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Yards Capital product offering
Product offeringCore offering
Yards Capital is an independent Brazilian asset manager that provides discretionary and fee-based wealth management, plus a platform of investment funds covering infrastructure (Fundos Incentivados), real estate (FII), financial investment funds (FIF), credit rights (FIDC), private equity (FIP), and multi-strategy (FIM) vehicles. The firm manages R$ 2.5 billion in assets across its strategies, distributing directly to qualified and institutional investors.
Product overview
Yards Capital is an independent asset manager offering a comprehensive platform of investment solutions through multiple fund structures and wealth management services. The core portfolio includes Wealth Management (discretionary and fee-based patrimonial management), Fundos Incentivados (tax-advantaged infrastructure funds), FII (real estate funds), FIF (financial investment funds), FIDC (receivables funds), FIP (private equity/participation funds), and FIM (multi-strategy funds). The company also manages two named funds: Yards Juros e Moedas (macro strategy focused on interest rates and currencies) and Yards Multiestratégia (multi-strategy combining fixed income, equities, and FX). Investment strategies span fixed income (Renda Fixa), DI-referenced funds, non-referenced funds, and sector focuses in infrastructure, liquid markets, private credit, and ESG. The company operates under CVM regulation and ANBIMA self-regulation.
Differentiator
Problem solved
Functional benefit
Products and services
- Wealth Management (Gestão de Patrimônio) Discretionary and fee-based patrimonial management service with an independent mandate, providing qualified investors access to sophisticated products in local and international markets.
- Fundos Incentivados Tax-advantaged investment fund structures for qualified investors directed toward priority infrastructure projects under Brazilian incentive frameworks.
- FII — Fundos Imobiliários (Real Estate Funds) Real estate fund investments providing diversified exposure to the Brazilian real estate market with active management and a focus on income generation.
- FIF — Fundos de Investimento Financeiro Flexible financial investment fund solutions with active management and a focus on consistent performance across rate, currency and credit strategies.
- FIDC — Direitos Creditórios (Receivables Funds) Structured credit portfolio origination and management with a rigorous analytical framework for credit analysis of receivables.
- FIP — Fundos de Participações (Private Equity Funds) Private equity investments in real assets and companies with a long-term thesis and value creation strategy.
- FIM — Fundos Multimercado (Multi-Strategy Funds) Multi-strategy funds investing in interest rates, currencies, equities and credit with disciplined risk management.
- Yards Juros e Moedas FIF Multimercado macro strategy fund focused on local interest rates, global interest rates and currencies, with active risk management and a consistent return horizon.
- Yards Multiestrat\u00e9gia Multi-strategy fund combining diversified fixed income, equities and foreign exchange strategies with dynamic allocation across asset classes; charges a 1.77% management fee (max 2.14%) and 20% performance fee on returns above 100% of accumulated CDI.
- Infraestrutura (Infrastructure Strategy) Long-term thesis origination and management in real assets and infrastructure projects across Brazilian markets.
- Crédito Privado (Private Credit Strategy) Corporate credit fundamental analysis with proprietary origination and institutional governance across the credit rights funds platform.
Companies that use Yards Capital
Customer profileSegments2 records
Ideal customer profiles2 records
Yards Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Yards Capital partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights4 records
Yards Capital competitors and assessment
Company assessmentDirect peers
- SPX Capital: Brazilian independent multi-strategy asset manager offering macro, equities, and fixed income funds to qualified investors — directly comparable to Yards on independent positioning and multi-strategy liquid products.
- Brasil Plural: Independent Brazilian investment manager offering asset management, wealth management, and investment banking — comparable to Yards' wealth management, multi-strategy funds, and institutional client base.
- ARX Investimentos: Brazilian independent long-biased and multi-strategy asset manager serving HNW and institutional clients — comparable to Yards on independent positioning and qualified/institutional client focus.
- Verde Asset Management: Brazilian independent multi-strategy asset manager with sizable AUM serving qualified and institutional investors; comparable to Yards on independent positioning, multi-strategy FIM product, and emphasis on liquid alternatives.
- BRZ Investimentos: Brazilian independent alternative asset manager focused on real estate, infrastructure, and private equity — directly comparable to Yards' infrastructure, FII, and FIP offerings.
- Vinci Partners: Leading Brazilian independent alternative asset manager offering multi-strategy funds, private equity, real estate, infrastructure, and credit — directly comparable to Yards' multi-asset platform and qualified/institutional client focus.
- Genoa Capital: Brazilian independent asset manager focused on private credit, structured credit, and alternative strategies — comparable to Yards on private credit (FIDC) and structured fund offerings.
- Kapitalo Investimentos: Brazilian independent macro and multi-strategy asset manager with significant AUM and qualified-investor focus; comparable to Yards on independent positioning, FIM/macro strategies, and HNW distribution.
- Ibiuna Investimentos: Brazilian independent multi-strategy asset manager with macro and credit strategies serving qualified investors — comparable to Yards' independent positioning and multi-strategy FIM and credit capabilities.
Broad incumbents
- BTG Pactual: Brazil's largest independent investment bank with a large asset management division spanning liquid alternatives, private equity, real estate, and credit — overlaps with Yards' multi-asset platform but with vastly greater scale and distribution.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Yards Capital social profiles
Digital presenceYards Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Yards Capital leadership team
Management profileNumber of profiles
Profiles6 records
Yards Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Yards Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Yards Capital
What does Yards Capital do?
Yards Capital is an independent Brazilian asset manager that provides discretionary and fee-based wealth management, plus a platform of investment funds covering infrastructure (Fundos Incentivados), real estate (FII), financial investment funds (FIF), credit rights (FIDC), private equity (FIP), and multi-strategy (FIM) vehicles. The firm manages R$ 2.5 billion in assets across its strategies, distributing directly to qualified and institutional investors.
Is Yards Capital a public or private company?
Yards Capital is a private company. It is classified as management employee owned and is currently operating.
When was Yards Capital founded?
Yards Capital was founded in 2023. It employs 1 to 10 people.
Where is Yards Capital based?
Yards Capital is headquartered in São Paulo, SP, Brazil, in the Latin America region.
How does Yards Capital make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are performance Fees and administration and Custody Fees.
Who are Yards Capital's main competitors?
Direct peers on record are SPX Capital, Brasil Plural, ARX Investimentos, Verde Asset Management, BRZ Investimentos, Vinci Partners, Genoa Capital, Kapitalo Investimentos and Ibiuna Investimentos. BTG Pactual is listed as a broad incumbent.
Does Yards Capital have an API?
No public API is recorded for Yards Capital.
What industry is Yards Capital in?
Yards Capital's product category is Asset Management. Its primary akta.pro industry code is FSANAEAI, Real Estate Funds — Opportunistic / Development, with a secondary code of FSANAEAK, Natural Resources Funds (Timberland, Farmland, Minerals). Its NAICS code is 52394 and its SIC code is 6282.