What Jive Participacoes Imobiliarias Ltda. does

Jive Participacoes Imobiliarias Ltda., operating as JiveMauá, is a Brazilian alternative investment manager formed from the merger of Jive Investments and Mauá Capital. The firm combines 20+ years of experience from both legacy platforms and is positioned as a pioneer in distressed investments in Brazil. It manages R$ 27.4 billion in assets under management across six investment verticals: real estate (seven listed FIIs), distressed and special situations (four funds), private credit, infrastructure, agribusiness, and pension funds (Soul Prev series). The platform serves 325+ investors segmented across general, qualified, and professional investor tiers.

The firm operates under ANBIMA regulation and is a signatory to the UN Principles for Responsible Investment. Distribution is structured across three channels: direct subscription through the corporate website, B3 stock exchange listings providing secondary-market liquidity for retail and qualified investors, and a dedicated institutional investor relations function. The investor base spans both retail access via listed vehicles and institutional capital allocated to private vintages. Recent strategic activity includes the acquisition of Rota Verde Goiás (infrastructure entry) and the launch of the JMAG agribusiness fund with a R$ 500 million target.

The business model is based on management fees charged on AUM across the multi-vertical fund family, with performance fees on alternative strategies where applicable. Revenue is generated through recurring management fees on the R$ 27.4 billion AUM base, supplemented by performance realization on closed-end vintages. Pricing structures are not publicly disclosed. Capital is raised through continuous vintages of closed-end funds, listed FIIs, open-ended credit vehicles (FIDCs), and pension products, with distribution supported by both digital subscription and direct institutional sales.

Name

Jive Participacoes Imobiliarias Ltda.

Legal name

Jive Participacoes Imobiliarias Ltda.

Website

https://jivemaua.com.br

Company type

Private

Operating status

Operating

Short description

JiveMauá is a Brazilian alternative investment manager formed from the merger of Jive Investments and Mauá Capital, managing R$ 27.4 billion in AUM across real estate, distressed, private credit, infrastructure, agribusiness, and pensions for 325+ general, qualified, and professional investors.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ), Real Assets — Real Asset Fund Platforms / Multi-Asset Real Assets (Diversified Real Assets Funds) (FSAHAIAM), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Alternative investment management
• Real estate funds
• Private credit funds
• Distressed asset investing
• Pension fund management

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

Revenue model

1. Fund Management Fees: JiveMauá generates revenue through management fees charged on assets under management across its multiple fund strategies including real estate (FIIs), distressed assets, private credit, infrastructure, and pension funds. The company operates as a licensed alternative investment manager regulated by ANBIMA.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

JiveMauá is a Brazilian alternative investment manager that structures and manages more than 20 funds across five verticals: listed real estate investment funds (FIIs), distressed and special situations funds, open private credit funds, listed infrastructure and agribusiness funds, and pension/retirement (Prev) funds. The firm manages R$ 27.4 billion in assets across 325+ investors and serves general, qualified, and professional investor tiers through dedicated fund structures.

Product overview

JiveMauá is an alternative investment management firm formed from the merger of Jive Investments and Mauá Capital. The company operates a multi-fund platform across four main verticals: Real Estate (7 listed FIIs: MCCI11, MCRE11, MCCE11, MCLG11, MCLCSR, MCCL, MPFA11), Distressed & Special Situations (4 funds), Private Credit, Infrastructure & Agribusiness (open-ended funds, FIDCs, and listed vehicles including BossaNova 90/360, JMBI11, JMAG, and JBCS series), and Pension/Retirement (Soul Prev series and Pulse Opportuna Prev). With R$ 27.4 billion in AUM and over 325,000 investors, the firm offers both open-ended and closed-ended fund structures targeting retail, qualified, and professional investors.

Differentiator

Problem solved

Functional benefit

Products and services

• MCCI11 (Mauá Capital Recebíveis Imobiliários)

Quantifiable outcome

• R$ 27.4 billion in assets under management
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• PRI - Principles for Responsible InvestmentminorOthersJiveMauá displays the UN PRI (Principles for Responsible Investment) badge on its website footer, indicating commitment to responsible investment practices. PRI is a UN-supported network of investors working to promote sustainable investment practices.
• ANBIMA - Associação Brasileira das Entidades dos Mercados Financeiro e de CapitaiscoreOthersJiveMauá displays the ANBIMA (Brazilian Financial and Capital Markets Association) badge indicating it is a registered and regulated asset manager under ANBIMA's guidelines for resource management. ANBIMA is the self-regulatory organization for Brazil's financial industry.
• B3 - Brasil, Bolsa, BalcãocoreTechnology or IntegrationMultiple JiveMauá funds are listed on the B3 stock exchange (BossaNova Infra JMBI11, agribusiness JMAG, and various real estate funds MCCI11, MCRE11, MCCE11, MCLG11, MPFA11), enabling trading through B3's infrastructure and providing secondary market liquidity for investors.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Brasil Plural Asset Management: Brasil Plural runs multi-strategy funds (equities, fixed income, alternatives) targeted at qualified Brazilian investors. Though it is more equities-tilted than JiveMauá, it overlaps in the alternative/credit space and serves the same Brazilian qualified-investor segment.

Broad incumbents

• BTG Pactual Asset Management: BTG Pactual operates one of Brazil's largest alternative and traditional asset management franchises, with multiple FIIs, private credit and infrastructure vehicles listed on B3. As a full-service investment bank with vastly larger AUM, it is a dominant incumbent that competes with JiveMauá across nearly every alternative-asset vertical the firm operates in.
• XP Asset Management: XP Asset Management is the asset-management arm of XP Inc., distributing a wide range of Brazilian alternative and traditional funds (including FIIs, fixed income, equities, and private credit) through the largest independent retail-broker network in Brazil. Its scale and distribution reach make it a formidable competitor for JiveMauá's retail-facing listed fund products.

Direct peers

• Rio Bravo Investimentos: Rio Bravo is one of Brazil's longest-standing independent alternative managers, focused on listed FIIs, private equity, and credit strategies. It competes directly with JiveMauá in the listed real estate fund space and shares the same retail/qualified investor distribution model through B3.
• TRX Investimentos: TRX is a Brazilian alternative asset manager dedicated to listed real estate (FII) and agribusiness (CRA) funds, with significant retail distribution through B3. It is directly comparable to JiveMauá's listed real estate and agribusiness vertical (e.g., JMAG) and competes in the same Brazilian retail yield-seeking segment.
• Capitânia Investimentos: Capitânia is a Brazilian alternative asset manager focused on real estate (FIIs), private credit (CRAs, FIDCs) and infrastructure, with a strong listed-fund franchise on B3. It is highly comparable to JiveMauá's real estate and credit verticals and competes directly for the same pool of retail and qualified investors.
• Kinea Investimentos: Kinea is the alternative-investment arm of Itaú Unibanco and one of Brazil's largest managers of private equity, credit, infrastructure, real estate (FIIs), and agribusiness funds. It competes head-to-head with JiveMauá across the same four verticals and serves a similar qualified/professional investor base through both listed and unlisted vehicles.
• Vinci Partners: Vinci Partners is a Brazil-based listed alternative investment manager (Vinci Inv Partners, VINI11 on B3) that runs private equity, infrastructure, real estate and credit strategies. It is the closest publicly traded analog to JiveMauá's multi-vertical alternatives platform and provides the most direct read on private-market valuation multiples for Brazilian alt managers.
• Hedge Investments (Hedge Brasil): Hedge Investments runs one of Brazil's largest FII franchises alongside private credit and infrastructure strategies, with multiple listed and unlisted vehicles. Its vertically focused real-estate-plus-credit platform closely mirrors JiveMauá's mix of listed FIIs and alternative fixed-income vehicles.

Emerging players

• Verde Asset Management: Verde is a Brazilian long-biased equity and macro hedge fund manager with strong institutional following, founded by former Verde Asset (legacy) professionals. While narrower than JiveMauá, it competes for the same pool of qualified Brazilian allocators seeking differentiated active strategies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@jivemaua
• LinkedInlinkedin.com/company/jivemaua
• Instagraminstagram.com/jivemaua

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Jive Participacoes Imobiliarias Ltda.