Co-founded Capstone in 2019 after working at SPX as a partner and Equities portfolio manager (2016-2019). Started his career as an analyst at Banco BBM in 2003. In 2007, he joined ARX Investimentos as an equity analyst and later became an equity portfolio manager.
Graduated in Production Engineering from the Federal University of Rio de Janeiro (UFRJ) and holds an MBA with an emphasis on Corporate Law and Capital Markets from Fundação Getulio Vargas in Rio de Janeiro (FGV-RJ).

Chief economist and managing partner of Capstone since 2019. He began his career at Banco BBM (2003-2012), becoming chief international economist and partner in 2008. He worked at SPX Capital (2012-2015) as senior economist and partner and at BOCOM BBM Bank (2015-2019) as chief economist. He holds a Master's degree in Economics from the London School of Economics (2003) and a Bachelor's degree in Economics from the Pontifical Catholic University of Rio de Janeiro (2001).

Co-founded Capstone in 2019 after working at SPX as a partner and FX portfolio manager (2010-2018). Started his career at Banco BBM in 2003, becoming the head of FX in 2008 and later a partner.
Holds an MBA with an emphasis on Finance and Capital Markets from Fundação Getulio Vargas in Rio de Janeiro (FGV-RJ).
Graduated in Electrical Engineering from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ) and in Economics from the University of Alabama.

Co-founded Capstone in 2019 after working at SPX as a partner and Interest Rates portfolio manager (2010-2019). Started his career at Banco BBM in 1997, becoming a partner in 2006 and head of the Interest Rates desk. Left Banco BBM in 2010.
Holds an MBA with an emphasis on Finance and Capital Markets from Fundação Getulio Vargas in Rio de Janeiro (FGV-RJ).
Graduated in Electrical and Production Engineering from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ).

Joined Capstone in 2019 after working as Chief Economist at Icatu Vanguarda (2018-2019). Started her career at Banco BBM in 2003, joining the macroeconomics division in 2005. In 2007, she left the bank to pursue academic research at Fundação Getulio Vargas (EPGE-RJ) as part of a master's program, returning to BBM in 2009. In 2010, she joined SPX as an economist and partner, later working with the FX team as a strategist. In 2015, she joined Leste Global Investments as an economist and strategist, leaving in 2016 to pursue a Ph.D. focused on Econometrics and Monetary Economics.
Graduated in Economics from PUC-RJ and holds a Ph.D. in Economics from EPGE-RJ.

Joined Capstone in 2023 after interning in the investment management department at Fundação Real Grandeza (2021-2023).
Currently pursuing a degree in Economics at IBMEC.

Joined Capstone in 2024. Previously worked as an equity portfolio manager focused on the U.S. and Europe at Itaú Asset Management (2021-2023), JGP (2019-2021), and STK Capital (2010-2019). While in the United States, he was an equity analyst at the family office North Sea Capital (2003-2008) and on the sell-side at Cowen (2000-2003) and Paribas (1997-1999).
Academic background: MBA - Babson College (2003); BBA - Hofstra University (1997).

Joined Capstone in 2019 after being a portfolio manager at Kapitalo Investimentos, focusing on volatility investments (2018-2019). Worked at SPX as an FX analyst and strategist (2012-2013) before becoming an FX portfolio manager (2014-2017).
Holds a master's degree in Engineering from IMT Atlantique, France.
Graduated in Computer Engineering from PUC-RJ.

Joined Capstone in 2019 after working at SPX, where he began his career as an intern in Investor Relations and later in Operational Controls. Joined the portfolio management team in 2017, focusing on pension fund-dedicated funds, and became an associate in 2019.
Graduated in Production Engineering from PUC-RJ and holds a CFA® certification.

Joined Capstone in 2019 after obtaining his master's and Ph.D. in Economics from Fundação Getulio Vargas (EPGE-RJ).

Co-founded Capstone in 2019 after working at SPX as a partner and Equities portfolio manager (2016-2019). Started his career as an analyst at Banco BBM in 2003. In 2007, he joined ARX Investimentos as an equity analyst and later became an equity portfolio manager.
Graduated in Production Engineering from the Federal University of Rio de Janeiro (UFRJ) and holds an MBA with an emphasis on Corporate Law and Capital Markets from Fundação Getulio Vargas in Rio de Janeiro (FGV-RJ).

<span>Joined Capstone in 2024 after working as a corporate analyst covering commodities at Mar Asset (2021-2023), where she was a partner. Previously, she covered commodities equities at SPX (2018-2021). Began her career on the sell-side, covering the Utilities and O&G sectors at BTG Pactual (2012-2016) and later at UBS (2016-2018).</span><span><br></span><span>Graduated in Economics from IBMEC.</span>

Joined Capstone in 2021. Graduated in Electrical Engineering from IME-RJ and holds a CFA® certification.

Joined Capstone in 2019 after working at Banco BBM (2015-2019). At Banco BBM, she began her career as an intern in Operational Controls (2015-2016), moved to macroeconomic research in 2017, covering Brazilian fiscal and external accounts, and in 2018 joined the Corporate Treasury as a junior trader.
Graduated in Economics from PUC-RJ and holds a CFA® certification.

He joined Capstone in 2020, having previously done a Summer-Job at Banco BOCOM BBM and, later, an internship in the Macroeconomic Research area at the same bank. Graduated in Economics from PUC-Rio.

Joined Capstone in 2020 after working as a pricing analyst at BTG Pactual (2019-2020) and as an equity trader at Opportunity Asset Management (2014-2018). He holds a degree in Economics from PUC-Rio and is a CFA® charterholder.

Joined Capstone in June 2024. He began his career at Banco BBM in 2001 in the macroeconomic research department, becoming an Emerging Markets FX and Interest Rates portfolio manager in 2003. In 2008, he became responsible for the proprietary global interest rates and FX desk at Itau Unibanco’s treasury. Subsequently, he was a partner and portfolio manager at SPX (2010-2013), Gávea (2013-2018), and Gap (2019) on the global interest rates desk. From 2019 to 2024, he served as co-CIO at Itaú Asset.
He holds an MBA with an emphasis on finance and capital markets from FGV-RJ and a degree in Electrical and Production Engineering from PUC-RJ.

Joined Capstone in 2024. He began his career in 2007 at Banco BBM, working in the Managerial Control department. In 2010, he joined BTG Pactual, working in Fiduciary Administration and, from 2012 onwards, as a fixed-income trader in the Asset Management division. He was the head of the FX desk at SPX Capital starting in 2013, becoming a partner in 2015 and remaining until 2021. From 2022 to 2024, he was an FX portfolio manager in the High Alpha cell of Itaú Asset's Multimesas project.
He holds a degree in Production Engineering from PUC-Rio.

Co-founded Capstone in 2019 after working at SPX as a partner and Interest Rates portfolio manager (2010-2019). Started his career at Banco BBM in 1997, becoming a partner in 2006 and head of the Interest Rates desk. Left Banco BBM in 2010.
Holds an MBA with an emphasis on Finance and Capital Markets from Fundação Getulio Vargas in Rio de Janeiro (FGV-RJ).
Graduated in Electrical and Production Engineering from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ).

Joined Capstone in 2020. He began his career at Banco BBM in 2009, working in the risk department and later as a trader. He was the head of the interest rates desk at SPX Capital starting in 2012, becoming a partner in 2013 and staying until early 2018. He was a partner and portfolio manager at Legacy Capital from its founding in 2018 until the end of 2019.
He holds a degree in Mechanical-Aeronautical Engineering from the Technological Institute of Aeronautics (ITA).

Joined Capstone in 2022 after working for over a year at Sharp Capital, where she began her career covering the Retail sector. Holds a degree in Economics from Pontifícia Universidade Católica do Rio de Janeiro (PUC-RJ).

Joined Capstone in 2025, after being a partner and business analyst at Occam Brasil (2018 - 2025), responsible for the digital advertising, payments, media and ecommerce sectors.
Graduated in Economics from FGV/EPGE.

Joined Capstone in 2024. Previously interned at Meta, working with data science. Holds a double degree in Economics and Data Science from the University of California, Berkeley.

Joined Capstone in 2025. Previously, he was an analyst and partner at Neuler Capital (2024–2025), Távola Capital (2016–2023), and Kyros Investimentos (2012–2016), always responsible for covering the commodities sector. He began his career as a trader at Ágora Corretora (2011). He holds a degree in Economics from IBMEC (2010) and completed a specialization course in Finance and Accounting at the University of Chicago (2022).

Joined Capstone in 2020 after completing a Summer Job at SPX in the Interest Rates area and previously a Summer Job at Itaú Unibanco. Holds a degree in Computer Engineering from PUC-Rio, with a dual diploma in General Engineering from École CentraleSupélec.

Joined Capstone in 2020 after working at Itaverá Investimentos (2016-2020), where he covered the Education, Malls, Properties, and Consumer sectors. Started his career in 2014 in the financial management and controlling area of a retail company. Holds a degree in Production Engineering from UFRJ, was co-founder and executive director of the Poli-UFRJ Investment League, and a scholarship recipient at IMPA after winning medals in mathematics Olympiads. Completed an extension program in Business Analysis & Valuation at the London School of Economics and holds a CFA® certification.

Joined Capstone in 2022. He holds a Master's degree in Economics from Fundação Getúlio Vargas (FGV EPGE - RJ) and a Bachelor's degree in Economics from Insper (Instituto de Ensino e Pesquisa - SP).

Joined Capstone in 2025. Currently studying IT Management at Faculdade Estácio de Sá and certified as a software developer by Alura Technology School (2023). Previously worked as a teaching assistant and intern at Plataforma Impact (2024).

Joined Capstone in 2022, having previously worked as a Risk Analyst at Grupo Leste. Holds a degree in Mechanical and Automotive Engineering from Instituto Militar de Engenharia (IME).

Joined Capstone in 2024 after working at Vista Capital (2020-2024), where he was a partner. Started his career in the Operations area in 2020 before joining the equities team in 2022, covering the healthcare and banking sectors. Later, in 2023, he became a macro trader and subsequently head of the trading department. Holds a Bachelor's degree in Economics from FGV EPGE – RJ.

Joined Capstone in 2023 after working as an economist at Adam Capital and a strategist on the Optimus desk at Itaú AM. Earned a PhD in Economics with a focus on Econometrics and Finance from PUC-Rio and was a visiting researcher at Columbia University - NY. Holds a Bachelor's degree in Economics from the University of Brasília (UnB).

Joined Capstone in 2021. Previously interned at SPX Capital and Zoox Smart Data, working with data science. Holds a degree in Cartographic Engineering from Military Engineering Institute (IME).

Joined Capstone in 2024 after being a partner and equities analyst at Vista Capital (2021-2024), responsible for covering the utilities and transportation sectors. Began his career at a strategy consulting firm, advising companies in the electric and infrastructure sectors. Holds a degree in Electrical Engineering from Instituto Militar de Engenharia (IME).

Joined Capstone in 2024. Currently pursuing a degree in Electrical Engineering at Polytechnic School of UFRJ.

Joined Capstone in 2020 after being a partner and corporate analyst at JGP, responsible for covering the Retail sector. Previously, he was a partner at Studio Investimentos, working as a corporate analyst and serving as a member of the investment committee (2013-2015). Between 2008 and 2013, he was a corporate analyst at BNY Mellon Arx, and between 2006 and 2008 at Ciano Investimentos. Holds a degree in Production Engineering from UFRJ and additional qualifications in Corporate Law from FGV-RJ.

Joined Capstone in 2024 after working at Vista Capital (2023-2024) as a Risk Analyst and previously at JGP (2020-2023) as a Data Scientist. Currently pursuing a Master’s degree in Economics at FGV and holds a Bachelor's degree in Economics from UFF.

Joined Capstone in 2023. Previously worked as an Equities Analyst at Atmos Capital. Holds a degree in Computer Engineering and a Master’s degree in Artificial Intelligence from ENSTA - Institut Polytechnique de Paris.

Joined Capstone in 2021 after working at Gávea Investimentos (2021) as an economist covering Europe and CEEMEA. Holds a Master’s degree in Economics from Pontifícia Universidade Católica do Rio de Janeiro (PUC-RJ) and a Bachelor's degree in Economics from Universidade Federal do Rio de Janeiro (UFRJ).

He began his career as a stock analyst at Banco BBM in 2009. In 2011, he became an equity analyst at SPX. He joined Studio Investments in 2013 as a partner. In 2018, he joined TFG Co as a partner and head of Corporate Development.

Joined Capstone in 2019 after working as an economist at Kondor Invest (2018-2019) and Saga Capital (2015-2018), primarily covering the Brazilian economy. Holds a Master’s and PhD in Economics from FGV (EPGE-RJ) and was a visiting researcher at Kellogg School of Management.

Joined Capstone in 2024. Currently pursuing a degree in Economics at FGV EPGE-RJ.

Joined Capstone in 2020 after working at SPX as a Risk Analyst (2019-2012). Previously worked at BNY Mellon ARX Investments as a Middle Office Analyst (2012-2010) and at BTG Pactual as a Risk Analyst (2010). Before that, he was a Systems Analyst at BNY Mellon – Asset Servicing (2006-2010).
Holds a degree in Business Administration and a Postgraduate degree in Analysis, Design, and Management of Systems from PUC-RJ. Additionally, he has a Professional Master's in Economics with an emphasis in Finance from Fundação Getulio Vargas and a Finance specialization from Coppead – UFRJ.

Joined Capstone in 2020 after working in the services and retail sectors (2005-2019). Worked at Vix Paula Hermany as a sales associate (2017-2019), at Proforma Gym as a marketing assistant (2013-2016), in the food industry as a hostess (2011-2013), and previously in retail (2005-2010). Studied Biomedicine at Instituto Brasileiro de Medicina de Reabilitação (2013-2017).

Joined Capstone in 2023. Holds a degree in Applied Mathematics from Fundação Getulio Vargas (FGV).

Joined Capstone in 2019 after leading the corporate financial department at the 15th Notary Office (2014-2019).
Previously worked as a manager responsible for financial services and staff management at a drugstore chain (2010-2014). From 2004 to 2007, she was a partner and director at a relocation company with clients such as Halliburton and Acergy.
Holds a degree in Architecture, an MBA in Marketing from Fundação Getulio Vargas (EPGE-RJ), and a certification in Marketing and Advertising from New York University.

Joined Capstone in 2020. Previously, she was a partner and equity analyst at Jardim Botânico Investimentos (2008-2015) and worked as a credit and, later, equity analyst at Banco BBM (2003-2008).
Holds an MBA with an emphasis in Finance and Capital Markets from Fundação Getulio Vargas (FGV-RJ) and a degree in Production Engineering from Pontifícia Universidade Católica do Rio de Janeiro (PUC-RJ).

Joined Capstone in 2019 after working in operations at Polo Capital (2018-2019). Started his career in 2010 at Mongeral Aegon Seguros e Previdência in the structuring of pension and institutional funds. In 2014, he participated in the creation of Mongeral Aegon Investimentos, the group's asset management firm. In 2015, he joined Brasil Plural, where he was responsible for the Asset Management Back and Middle Office.
Holds a degree in Economics from UERJ and is pursuing a master's in Finance at PUC-Rio.

Joined Capstone in 2021 after working in operations (2018-2021) and accounting (2015-2018) at Polo Capital. Holds a degree in Accounting from UERJ.

Joined Capstone in 2024. Currently pursuing a degree in Economics at FGV EPGE.