The Gávea Group is comprised of two investment management firms (Gávea Investimentos and Gávea Equity) and one distributor (Gávea DTVM). These are regulated by the Brazilian Central Bank, the Comissão de Valores Mobiliários - CVM (Brazil’s equivalent to the US SEC) and the Brazilian Financial and Capital Markets Association (ANBIMA).
Assets under management of approximately US$ 6,8 billion as of march 2012.
Gávea was founded in the 2nd quarter of 2003 and launched its first two products in August of that same year. Today, our activities are focused on three lines of business:
- Hedge Funds and “Multimercado”
Gávea has offices in Rio de Janeiro and São Paulo, with a staff of approximately 140.
In October 2010, Gávea announced the sale of a majority interest in its capital to to J.P. Morgan Asset Management, the asset management arm of J.P Morgan Chase & Co. And consequently, creating a strategic alliance with Highbridge Capital Management, the global alternative asset manager owned by J.P. Morgan Asset Management. Our investment process for each of the existing lines of business remains unchanged, under the leadership of CIO Arminio Fraga Neto, Luiz Henrique Fraga and their teams.