What Absolute Investimentos does

Absolute Investimentos is a privately held, independent Brazilian asset management firm founded in September 2013 and headquartered in São Paulo's Itaim Bibi district. The firm operates a multi-strategy fund platform spanning four complementary strategies — Macro, Arbitragem (Arbitrage), Ações (Equities), and Crédito (Credit) — and manages R$ 57 billion in assets under management as of ANBIMA-reported data on June 30, 2026, supported by 61 professionals. Its fund roster includes flagship vehicles such as Absolute Hedge (Macro), Vertex (Qualified-Investor Macro), Alpha Global (Arbitrage), Pace (Equities), and credit franchises spanning Crédito High Grade (Atenas, Creta, Delfos, Hidra family) and Crédito Estruturado (Arya, Acharya, Mitra, Agni, Citta), with tax-advantaged variants under Brazilian law 12.431/2011 and Previdência wrappers.

The platform is built on a disciplined, non-dogmatic investment philosophy that combines macroeconomic analysis with fundamental analysis, deliberately allowing significant analytical intersection across strategies. Distribution runs through top-tier third-party fund administrators and custodians (BNY Mellon, BTG Pactual, Intrag, Itaú), with onshore and (selectively) offshore reach, including the merger-arbitrage fund Alpha Marb focused on American markets. The firm's organizational structure includes three wholly-owned subsidiaries — Absolute Gestão de Investimentos, Absolute Crédito Gestão de Investimentos, and Absolute Dhama Gestão de Investimentos — separating mainstream asset management, credit management, and an additional management entity under the Absolute umbrella.

Absolute Investimentos generates revenue through a dual fee model: an annual management fee (Taxa Global) ranging from 0.38% on Crédito High Grade funds to 2.00–2.20% on Macro, Arbitrage, and Ações funds, plus a 20% performance fee on returns exceeding specified benchmarks (typically CDI or CDI+X). The firm serves three primary customer segments under Brazilian regulation — Investidores em Geral (General Investors), Investidores Qualificados (Qualified Investors), and Investidores Profissionais (Professional Investors) — plus a Previdência (pension) segment, with minimum investments ranging from R$500 to R$100,000 depending on fund. GTM relies on direct investor applications, "Conta e Ordem" servicing, and third-party distribution platforms, with website, email, and PR as the primary marketing channels.

Name

Absolute Investimentos

Legal name

Absolute Investimentos

Website

https://absoluteinvestimentos.com.br

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Absolute Investimentos is a privately held, independent Brazilian asset manager founded in 2013 with R$57 billion AUM across four strategies (Macro, Arbitragem, Ações, Crédito) serving general, qualified, and professional investors plus Previdência wrappers.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industry

Multi-Asset Absolute Return & Diversified Macro Funds (FSAAAJAH)

Keywords

• Asset management
• Macro funds
• Equity funds
• Credit funds
• Arbitrage funds

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Management and Performance Fees: Generates revenue through management fees (Taxa Global) charged on assets under management across all fund products, typically ranging from 0.38% to 2.00% annual fees, plus performance fees (20% of excess returns over benchmarks)

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Absolute Investimentos is an independent Brazilian asset manager that sells and manages investment funds across four complementary strategies: Macro, Arbitragem (arbitrage), Ações (equities), and Crédito (credit), including structured credit and infrastructure-linked products. The firm manages R$57 billion in AUM across 28+ fund vehicles targeted at general, qualified, and professional investors in Brazil, generating revenue through management fees and performance fees.

Product overview

Absolute Investimentos is an independent Brazilian asset management firm founded in 2013, operating as a multi-fund platform with four main investment strategies: Macro, Arbitragem (Arbitrage), Ações (Equities), and Crédito (Credit). The Macro strategy includes Absolute Hedge, Vertex, Vertex Prev, Hiker, Hiker Infra, Hiker Prev, and Hiker Institucional funds targeting different investor segments. The Arbitragem strategy comprises Alpha Global and Alpha Marb funds focusing on merger arbitrage and event-driven opportunities. The Ações strategy includes Pace, Pace Prev, and Endurance funds for equity investors. The Crédito strategy spans Credit High Grade products (Atenas, Creta, Delfos, Olimpia, Hidra CDI, Hidra CDI Plus, Hidra IPCA, Hidra Pré 2 Anos) and Credit Estruturado (Structured Credit) products (Arya, Acharya, Mitra, Agni, Citta). The firm manages R$ 57 billion in assets under management across 61 professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• Absolute Hedge Macro strategy fund seeking superior returns versus CDI through directional and relative value operations in interest rates, exchange, and equity markets, local and globally. Targeted at general investors with R$50,000 minimum and 1.90% global fee plus 20% performance fee over CDI.
• Vertex Macro strategy fund for qualified investors seeking returns of CDI+0.76% per year through disciplined and non-dogmatic approach. 1.90% global fee and 20% performance fee over CDI+0.76%.
• Vertex Prev Previdência Multimercados Livre fund for professional investors with macro strategy and CDI+0.76% benchmark.
• Hiker Macro strategy fixed income fund seeking returns superior to CDI through operations in local interest and exchange markets.
• Hiker Infra Infrastructure-focused fund seeking consistent returns above CDI through local infrastructure assets with tax benefits under law 12.431/2011.
• Hiker Prev Previdência fund seeking returns superior to CDI through infrastructure investments with tax benefits for pension investors.
• Hiker Institucional Institutional macro strategy fund for professional investors seeking superior returns versus CDI.
• Alpha Global Arbitrage strategy fund seeking returns superior to CDI through five sub-strategies: Linear Arbitrage, Corporate Events, Directional with Asymmetry, Non-linear Arbitrage, and Statistical Arbitrage. 2% administration fee, currently closed for applications.
• Alpha Marb Arbitrage fund for qualified investors focusing on merger arbitrage with global mandate, predominantly in American markets.
• Pace Equity fund seeking absolute returns in the medium/long term through fundamental analysis, investing in stocks priced with distortion relative to intrinsic value. 2.20% maximum global fee, benchmark IPCA + Yield IMA-B, currently closed for applications.
• Pace Prev Previdência equity fund seeking returns above IPCA + Yield IMA-B benchmark through fundamental stock selection.
• Endurance Variable income fund seeking absolute returns in the medium/long term through directional, short, and relative value positions. Open for applications.
• Atenas Credit High Grade fund seeking consistent returns above CDI through a diversified portfolio of low credit risk assets including bank securities, debentures, FIDs, and government bonds. 0.38% global fee.
• Atenas Prev Previdência credit fund investing in infrastructure assets eligible under law 12.431/2011 with IR tax exemption for investors.
• Creta Credit fund seeking consistent returns above CDI through diversified investments in low to moderate credit risk assets in local and international markets. 0.58% global fee.
• Delfos Low duration investment grade credit fund seeking returns above CDI through fundamentalist management combined with technical analysis. 0.78% global fee.
• Delfos Prev Previdência low duration investment grade credit fund for qualified investors.
• Olimpia Credit fund seeking returns above IMAB5 through diversified infrastructure assets with IR tax exemption under law 12.431/2011.
• Hidra CDI High-grade credit fund seeking consistent returns above CDI through diversified portfolio of low credit risk instruments. 0.68% global fee.
• Hidra CDI Plus Credit fund seeking returns above CDI through diversified low to moderate credit risk assets.
• Hidra IPCA IPCA-linked fixed income fund replicating NTN-B 2035 performance through a portfolio of incentivized infrastructure debentures.
• Hidra IPCA NTNB35 Fund investing in NTN-B 2035 linked securities with active duration management across the pre-fixed interest rate curve.
• Hidra Pré 2 Anos Pre-fixed income fund seeking to outperform IdKA Pré 2 Anos through active duration management and credit asset selection.
• Arya Structured credit fund focusing on CRA, CRI, Debentures, public and private Commercial Notes, and receivables discounting of mid-sized companies with 180-day redemption option.
• Acharya Structured credit fund for professional investors focusing on CRA, CRI, Debentures, and receivables discounting with 5-year term.
• Mitra Structured credit fund with focus on CRA, CRI, Debentures, and receivables with 360-day redemption window.
• Agni FIDC (Investment Fund in Credit Rights) focused on structured credit operations with 30-day redemption option.
• Citta Structured credit fund with quarterly redemption windows of up to 5% of shareholder equity and 5-year term. Currently in constitution process.

Quantifiable outcome

• R$ 57 billion in assets under management as of June 2026
• +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

Feature2 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• BNY MelloncoreOthersProvides fund administration and custody services for Absolute Investimentos funds, including the flagship Absolute Hedge.
• BTG PactualcoreOthersProvides fund administration, distribution, and custody services for various Absolute Investimentos funds including Pace, Olimpia, and structured credit funds.
• IntragcoreOthersProvides fund administration services for certain Absolute Investimentos pension (Previdência) funds.
• ItaúminorOthersProvides custody services for certain Absolute Investimentos pension and credit funds.
• DeloitteminorOthersExternal auditor for Absolute Investimentos funds including Absolute Hedge and Vertex.
• KPMGminorOthersExternal auditor for certain Absolute Investimentos pension and structured credit funds.
• Ernst & YoungminorOthersExternal auditor for Absolute Atenas Prev and certain exclusive pension funds.
• PWCminorOthersExternal auditor for certain Absolute Investimentos credit funds.

Scale indicators4 records

Recent moves5 records

Expansion highlights7 records

Direct peers

• Kapitalo Investimentos: Brazilian independent asset manager specializing in macro strategies. Similar AUM scale, independent ownership, and reliance on macro/fundamental investment process; competes in the same Vertex/Absolute Hedge tier.
• JGP Gestão de Recursos: Brazilian independent asset manager offering macro, credit, and equity strategies to qualified and institutional clients. Directly comparable in platform breadth and investor targeting.
• Mauá Capital: Brazilian independent multi-strategy asset manager offering macro, credit, and equity funds. Similar target investor base and product structure to Absolute's offerings.
• Ibiuna Investimentos: Brazilian independent multi-strategy manager with macro, credit, and arbitrage strategies; serves qualified and professional investors. Directly comparable product structure and investor segmentation to Absolute.
• Truxt Investimentos: Brazilian independent asset manager focused on credit and structured credit strategies. Comparable to Absolute's expanding Crédito strategy and Absolute Crédito subsidiary model.
• Verde Asset Management: One of Brazil's largest independent asset managers, operating multi-strategy funds (macro, credit, equities) and competing directly with Absolute for qualified and institutional investors. Comparable in scale, independent ownership, and multi-strategy platform model.
• SPX Capital: Brazilian independent asset manager with multi-strategy funds (macro, equities, credit). Competes directly for the same qualified/professional investor pool with a similar investment philosophy.
• Gávea Investimentos: One of Brazil's most established independent alternative asset managers with multi-strategy and private credit offerings. Comparable independent structure and institutional reach, though with longer history and broader alternative-asset exposure.

Broad incumbents

• BTG Pactual Asset Management: One of Brazil's largest bank-affiliated asset managers offering macro, fixed income, credit, and equity funds. Represents the largest incumbent competitor; also serves as a distribution partner to Absolute for several funds.
• Vinci Partners: Listed Brazilian alternative asset manager with multi-strategy funds (including macro, credit, private equity). Comparable product set but broader portfolio including private equity, infrastructure, and listed equities; serves as a broader incumbent.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 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 Absolute Investimentos