The Gávea Group is comprised of an investment management firm (Gávea Investimentos) and a distributor (Gavea DTVM).

Regulated respectively by the Comissão de Valores Mobiliários (CVM), Brazil’s equivalent to the US SEC; and the CVM / the Central Bank of Brazil.

Assets under management of approximately US$ 7.2 billion as of June 2014.

Gávea was founded in the 2nd quarter of 2003 by Arminio Fraga and Luiz Henrique Fraga, launching its first two products in August of that same year. Today, our activities are focused on four lines of business:

  • Hedge Funds
  • Private Equity Funds
  • Equity Funds
  • Real Estate Funds

Gávea has offices in Rio de Janeiro and São Paulo, with a staff of approximately 150.

In November 2010, Gávea announced the sale of a majority interest in its capital to J.P. Morgan Asset Management, the asset management arm of J.P Morgan Chase & Co. Investment decision making remains unchanged and independent, under the leadership of CIO Arminio Fraga Neto, Luiz Henrique Fraga and investment teams in each of Gavea’s lines of business, except for the equity funds and for the real state funds, which are under the leadership of Thomas Souza and Rossano Nonino respectively.

Gávea Investimentos


The information contained herein refers to the several entities that form the Gávea Group and/or their respective products ("Gávea"). Gávea does not respond for errors, omissions or imprecision in the information disclosed. Information contained herein is of an exclusively informative nature and should not be construed as a solicitation to acquire shares in any investment fund. To confirm any information, please contact Gávea. Returns obtained in the past are no guarantee of future returns. Investment funds are not secured by the fund manager, the portfolio manager, any insurance instrument or by the Credit Guarantee Fund (Fundo Garantidor de Crédito FGC). Information is consistent with funds regulations and prospectuses. Prospective investors are advised to read the funds regulations and prospectus carefully before investing.