about INDIE

Founded in 2011, Indie Capital is an asset management firm dedicated to investing in stocks of publicly traded companies operating in Brazil. Our philosophy is to look for and invest in great companies led by excellent managers in periods of high value creation.

Our partnership is based on idea meritocracy, independent thinking, open-mindedness, and an intense search for capital appreciation opportunities. We strive to bring simplicity and excellence to what we do. We cultivate an owner’s mindset and a curious and inquisitive spirit.

Our team of people have diverse backgrounds, including extensive experience in investments in private equity and public equity; executive tenure; macro research. We value the internal training of people and those who can strengthen our culture.

We serve a broad investor profile, including institutional investors, wealth managers, investment advisors and individual investors, that are aligned with our investment philosophy.

team

Portfolio Management

With over 18 years of experience with financial markets, Mr. Reichstul was director of Private Equity at Pátria Investimentos, where he was involved in new investments for the funds, led acquisitions for Anhanguera Educacional SA and was also CFO of LFG Business e Participações Ltda,. Prior to Pátria, Mr. Reichstul worked in ABN AMRO´s IB and in Central Bank of Brazil’s economic department. Mr. Reichstul holds a bachelor’s and master’s degree in economics from University of São Paulo – USP.

Mr. Montagna has 19 years of experience with investments and business analysis. He was director of private equity at Pátria Investimentos, where he worked for over 8 years covering new investments for the funds, and also had executive roles in portfolio companies – Casa do Pão de Queijo, Anhanguera Educacional and Suppliercard. Prior to Pátria, Mr. Montagna served as analyst in venture capital investment fund IRR and at at Banco Pactual investment banking area. He was also an intern at CLSA´s equity research team, as well as ING Barings´ risk management area. Mr. Montagna holds a BA in Business Administration from Fundação Getulio Vargas – FGV.

Mr. Jacob is part of Indie Capital´s equity analysis team. With 6 years of experience with financial markets, he worked as a sell-side equity analyst at Credit Suisse between 2013 and 2014, covering Health, Education, and Financial Institutions. Mr. Jacob has a BA in Business Administration from Fundação Getulio Vargas – FGV.

Mr. Nerasti is part of Indie Capital´s equity analysis team. With 4 years of experience with financial markets, he worked as an equity analyst at M Square Brasil between 2015 and 2017, covering Financial and Insurance Institutions. Previously, he worked with macroeconomic and equity analysis at CSHG Gauss. Mr. Nerasti holds a degree in Economics from USP.

Mr. Bravo is part of Indie Capital´s equity analysis team. With 5 years of experience with financial markets, he worked as an equity buy-side analyst at SPX Investimentos, covering Capital Goods and Technology, for both Brazilian and foreign companies. Mr. Bravo has a degree in Production Engineering from UFRJ.

Laura Vehanen is a member of Indie Capital’s investment team, focused on ESG analysis. Laura integrates the on-going process of incorporating ESG aspects into Indie’s investment strategy, which has been in development since the end of 2018. Laura worked for two years at VELT Partners, as a long-term trends analyst and has a degree in Sciences Economic from Insper.

After a 6-month trainee program, Sophia joined the analysis team. With more than 2 years of experience with the financial market, she has worked at Softbank’s and Pátria’s Private Equity, in addition to summer jobs at BTG Pactual and Itaú BBA. Sophia has a degree in Production Engineering from POLI-USP.

Investor Relations

Mr. Gomes is head of Investor Relations. With 10 years of experience with financial management, Mr. Gomes worked in M&A at LFG Business e Participações Ltda and was a family office manager. Mr. Gomes holds a BA in Business Administration from FAAP and a master’s degree in finance from INSPER.

Mr. Bronze is an Investor Relations analyst and has 5 years of experience with financial markets. Previously, he worked as a Corporate banker at BNP Paribas. Marcelo has a BA in Business Administration from FGV.

Ms. Ferrari is responsible for Indie Capital’s Back-Office and has 7 years of experience with financial markets.

Operations

Mr. Leal is COO of Indie Capital and has 10 years of experience with financial markets. Previously, he was an operational analyst at Advis Investimentos, a risk analyst at Neo Investimentos and B3. Mr. Leal is an engineer graduated from USP.

Ms. Iwasaki is a risk analyst and has 4 years of professional experience. Ms. Iwasaki worked at LUZ Soluções Financeiras and has a degree in Chemical Engineering from Unicamp with a specialization at University of Birmingham.

Fund Returns

 DateNAVDayMonthYear12 M24 M36 MSince Inception*AUMAUM 12MTotal AUM
INDIE FIC FIA14/04/20214,24788240-0,38%3,04%0,69%55,61%66,71%82,34%324,79%R$ 1217,40 MR$ 1041,24 MR$ 2101,88 M
IBrX 10014/04/2021-1,00%3,64%2,89%53,51%34,12%49,29%135,81%---
Ibov14/04/2021-0,84%3,14%1,07%50,52%29,52%42,64%97,36%---
CDI14/04/2021-0,01%0,09%0,58%2,19%7,63%14,46%98,13%---

* Fund Inception Date: 28/12/2012

contact us

Rua Diogo Moreira 132, Cj 101-104

São Paulo, SP – Brazil

05423-010

contato@indiecapital.com.br

+55 11 2626-4732
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The content on this website is for informational purposes only and is not intended to provide specific investment advice and should not be relied upon in that regard. You should not act or rely on the information provided herein without seeking the advice of a professional. No information provided in this website constitutes a solicitation, offer or recommendation to buy or sell shares of any investment fund managed or sponsored by Indie Capital Investimentos nor should it be construed as such in any jurisdiction where such a solicitation, offer or recommendation would be illegal. The past is not necessarily a guide to the future performance of any investment fund managed or sponsored by Indie Capital Investimentos. Values shown as indicative performance of investment funds formerly managed should not be construed as a guide to the future performance of investment funds currently managed by Indie Capital Investimentos. Any performance figures presented herein are gross of taxes. Investors must note that an investment in any investment fund managed or sponsored by Indie Capital Investimentos is subject to risks. The value of investments may fall as well as rise and investors may not get back the amounts invested. Pursuant to the regulations enacted by ANBIMA (“The Brazilian Financial and Capital Markets Entities Association”), an analysis of at least 12 (twelve) months is recommended when evaluating investment fund’s performance. BEFORE MAKING AN INVESTMENT DECISION, PLEASE READ THE RELEVANT PROSPECTUS, THE FUND’S RULES AND OTHER OFFERING MATERIALS IN ITS ENTIRETY. INVESTMENT FUNDS PERFORMANCE IS NOT GUARANTEED BY FUND ADMINISTRATORS OR FUND MANAGERS, OR BY ANY CAPITAL PROTECTION MECHANISM OR THE BRAZILIAN CREDIT GUARANTEE FUND (FGC). Neither Indie Capital Investimentos nor any of its directors, officers or employees accepts any liability whatsoever for any direct or consequential loss arising from any use of the information contained herein, and makes no express or implied representations or warranties as to its accuracy or completeness, statements or errors contained in, or omissions from, such information.