We are investors focused on technology-enabled businesses and theses, leveraging investment strategies that allow us to capture value from major innovation cycles.

We invest primarily in equity instruments, creating value from a shareholder's perspective.

ABOUT US

Founded in 2020, São Pedro Capital is a Brazilian investment firm driven by the belief that market experience and operational know-how are key levers for long-term value creation.

We are attracted by the challenge of capturing value in high-growth, transformational companies—whether Private or Public, Brazilian or Global.

Our approach combines partners’ proprietary capital in every investment and intense dialogue with our investors and the overall market.

We know that creating value requires hard work - no shortcuts.

PIPE & PE

In our investment strategy launched at our founding, we aim to bring seasoned financial and operational experience into multiple industries, particularly in innovative businesses enabled by technology. We share a strategic management vision with entrepreneurs and executives, developed over decades inside and outside Brazil. We are hands-on investors, deeply familiar with both operations and the “corner office.”

Our team combines diverse and complementary expertise, including top-tier management consulting, C-level executive experience in multinational and local companies, and the management of both local and global capital. We possess in-depth knowledge of value creation, from Backoffice operations to Board Governance.

Growth & Private Debt

In our growth strategy, we extend our reach to earlier-stage technology companies, mitigating execution risk through close engagement with management and daily operations. We seek businesses with unique expertise and market positioning, creating exit opportunities through strategic sales — many of which leverage our longstanding market relationships.

Global Technology

Our global equity strategy focuses on companies driven by technological transformations in the world’s largest capital markets, providing diversification and depth within the themes we track.

Our process combines fundamental analysis, rigorous risk management, and a longer-term perspective — key attributes for value creation. By aligning our knowledge of long-term trends with companies’ execution capabilities and a disciplined valuation approach, we seek to generate attractive risk-adjusted returns that outperform benchmarks.

Our extensive global network, including our physical presence in San Francisco, gives us a deep and differentiated perspective, serving Latin American investors.

“The stock market is a device to transfer money from the impatient to the patient.”

Warren Buffett

PORTFOLIO

DOCUMENTS

PIPEs & PE

Investee

Country

Sector

Inception

Status

Factsheet

positivotecnologia

Brazil

Technology

2020

Realized

Founded in 1989, Positivo Tecnologia develops hardware and integrated technology solutions in Brazil. With a diversified portfolio and revenue above R$4 billion, Positivo Tecnologia stands out in the national market, serving consumers, businesses, and public institutions. The first investment in the company was made in Jan/2020 through the SPCONE PIPE FIP Multiestratégia, which was realized in Aug/2024.

logo-eletromidia-horizontal

Brazil

Digital Media

2020

Unrealized

Eletromidia is the result of the merger between two major companies in the Digital Out of Home (“OOH”) media sector: Elemidia and Eletromidia. Today, it has the most extensive OOH asset network in Brazil, with approximately 70,000 panels across residential and commercial buildings, shopping malls, transportation, airports, and street furniture.

enjoei

Brazil

eCommerce

2021

Unrealized

Founded in 2009, Enjoei is the largest second-hand fashion community in Brazil, bringing together over 3.5 million users, including buyers and sellers on its digital platform for second-hand and handmade products. In 2023, it expanded into offline channels with the Cresci e Perdi franchise network, as well as its own physical store operations. The first investment in the company was made in 2021 through the SPCFOUR PIPE FIA. For more information, access the fund material indicated in the PDF icon.

clearSale

Brazil

eCommerce

2022

Realized

Founded in 2000, ClearSale is a leader in Brazil for anti-fraud solutions, identity authentication, and credit scoring. The company analyzes transactions from over 170 countries and has extensive knowledge about the purchasing behavior of digital consumers, with a transaction database that recognizes more than 97% of the CPFs it receives daily. The first investment in the company was made in Nov/2022 through SPCFIVE FIA, which was realized in Jun/2024.

Growth & Private Debt

Investee

Country

Sector

Inception

Status

Factsheet

magnopus

EUA

Technology

2021
(equity)

Unrealized

Founded in 2013 in California (USA), Magnopus is a company that specializes in spatial computing technologies and the creation of immersive content. Headquartered in Los Angeles and London, the company collaborates with major corporations from various sectors, which continue to explore the numerous applications of immersive technologies involving hardware, software, and content. The first investment in the company was made in 2021 through the SPCAPITAL Three Investment Fund. For more information, access the fund material indicated in the PDF icon.

magnopus

EUA

Technology

2024
(debt)

Unrealized

In 2024, given the rapid expansion of Magnopus, São Pedro Capital supported the company by structuring a Private Debt instrument of $4 million to finance short-term strategic initiatives.

Global Technology

Fund

Country

Sector

Inception

Status

Factsheet

SPC Global Technology IE FIF em Ações

Global

Technology

2025

Active

The SPC Global Technology Investimento no Exterior Fundo de Investimento Financeiro em Ações (“GTF” or “Fundo”), managed by São Pedro Capital Investimentos S.A. (“SPC” or “Manager”), aims to deliver capital growth through investments in shares of global tech-enabled companies. GTF is a local fund, established in Brazil, that invests directly in foreign equities (in foreign currency), with its daily quota denominated in Brazilian reais (BRL) and no currency hedge. The Fund seeks to outperform the MSCI All Country World Index (“MSCI ACWI” or “ACWI”), which is converted into BRL daily.

Factsheet da São Pedro Capital

Formulário de Referência

Código de Ética

Política de Metodologia de Gestão de Risco

Política de Controles Internos

Política de Investimentos Pessoais

Política de Rateio e Divisão de Ordens

Política de Voto

São Pedro Capital is a signatory of the UN Principles of Responsible Investment. UN PRI is an independent world leading advocate for responsible investment with over 3,800 signatories managing over $120 trillion globally. The PRI’s mission is to promote a sustainable global financial system for long-term value creation which will reward responsible investment and benefit the environment and society. As a signatory, São Pedro Capital supports this mission and in doing so has committed to upholding the associated principles.

“The margin of safety is always dependent on the price paid.”

Benjamin Graham

Nosso time

User Profile

Founding Partner

Works across all investment strategies, with a primary focus on PIPE & PE and Growth portfolios. With over 30 years of experience, he has served as CEO of global and local companies such as Google and DirecTV, having started his career at McKinsey & Co. He became an investor in private companies across Latin America through Victoria Capital Partners, managing institutional capital from global funds, and currently holds seats on various boards of directors. He holds a degree in Civil Engineering from UNICAMP and an MBA from UCLA.

User Profile

Analyst, Investments

Has been with São Pedro Capital since 2021, focusing on monitoring and evaluating investment opportunities, with a primary focus on PIPE & PE portfolios. He holds a degree in Business Administration from Insper (2022) and a CPA-20 certification from ANBIMA.

User Profile

Partner, Investments

Has been with São Pedro Capital since its founding, working across all investment strategies, from operations to monitoring and management. With over 15 years of experience, he has worked in financial and strategic advisory roles at investment banks such as Barclays and Citibank. He holds a degree in Business Administration from FGV, an MBA from UCLA, and CGA, CGE, CFG and CPA-20 certifications from ANBIMA.

User Profile

Partner, Operations

Has been with São Pedro Capital since its founding, focusing on the structuring and maintenance of its investment vehicles across all investment strategies. With over 20 years of experience in operations and backoffice investment management, both onshore and offshore, she has led administrative, financial, and operations teams at Claritas and Victoria Capital Partners. She holds a degree in Business Administration and an MBA from FGV.

User Profile

Analyst, Global Technology

Works in investment management at Global Technology. Throughout her career she has worked as research analyst at Safra and Itaú BBA, and on the buy-side at BTG Pactual covering the global technology sector. She holds a degree in Materials Engineering from UNESP and a CPA-20 certification from ANBIMA.

User Profile

Partner, Global Technology

Manages the investment strategy at the Global Technology Fund. With a career in the U.S., he is based in San Francisco and has over 30 years of experience at McKinsey & Co, Robertson Stephens, Blum Capital, and Stonerise Capital, working in consulting and investment management for institutional and proprietary capital across private and public assets. He holds a degree from FGV and an MBA from Harvard.

User Profile

Partner, Global Technology

Manages the investment strategy at Global Technology Fund. With over 15 years of experience, he has worked as a research analyst and portfolio manager at BTG Pactual, Apex Capital, and Itaú BBA, where he was Global Head covering the Technology sector for local and global institutional investors. He holds a degree in Chemical Engineering from UNICAMP and an MBA from Columbia.

User Profile

Intern, Administrative

Works as an Intern in the Administrative area at São Pedro Capital. Previously, worked as an Intern in Business Planning at Adidas do Brasil. She is an undergraduate student in Business Administration at Universidade São Judas Tadeu, expected to graduate at the end of 2025.

“Only the paranoid survive.”

Andy Grove