PT  |  EN
We are Tavola Capital
Távola Capital was born from a restructuring process initiated at Fides Asset in September 2014. Over the years, we built the base of a solid asset management business, with a strong and sênior team, aligned with the goal of generating value for the franchise.

We developed a differentiated investment process focused on the Equity Market, with discipline of value and the understanding of economic cicle context.

We structured a strong team with high complementarity, pragmatic and independent thinking.

We are a partnership were all members are and think as partners.

Structure

Executive Committee

Gustavo Constantino, Marcelo Bahia, Igor Rezende,
Operational

Igor Rezende
Hércules Carvalho
Pedro Knupp
Comercial

Alexia Leite
Portfolio Manager

Gustavo Constantino
Trading

Alexandre Cavalcanti
Macroeconomics

Conrado Garcia
Gabriel Cabezas
Analysts

Marcelo Bahia
Lucas Suemitsu
Daniel Rocha
Leonardo Melo
Miguel Silbert
Luiz Brito
Maria Clara Mano

Biographies

Gustavo Constantino | Portfolio Manager

Partner and portfolio manager of Távola Absoluto at Távola Capital. Started his career as equities analyst at Banco BBM in 2001. In 2005, he became one of the equities managers for the bank's proprietary desk. In 2009, he joined GAP Asset Management to be one of the portfolio managers of GAP Long Short, GAP FIA and equities investments for the hedge funds. In 2011, joined SPX Capital in its foundation as a partner and portfolio manager responsible for equities on the hedge funds. In 2014 he became a partner and Management Director at Fides Asset Management. Graduated in Mechanical Production Engineering at PUC-Rio and Post graduate in Finance at FGV-RJ. He has ANBIMA Managers Certification (CGA).

Marcelo Bahia | Head of Analysis

Partner and head of analysis team at Távola Capital. He started his career as equities analyst at Opportunity Asset Management in 2004. In 2007, he joined Pollux Capital as a member of the investment team and senior analyst since the beginning of the equities area in Brazil, becoming a partner at the company in January 2012. In 2018 he became a partner at Fides Asset Management and Head of Analysis team. He studied Economics at PUC-RJ and graduated at Harvard Business School (Program For Leadership Development).

Conrado Garcia | International Macroeconomics

Partner and responsible for the international macroeconomics area at Távola Capital. He started his career at Banco BBM, at Market Risk area, and then, as a fixed income trader. He also worked in others Financial Institutions at Trading area. From 2010 to 2016, worked with Development and Real State management. In 2014, started his Masters in Macroeconomics and Finance, and in 2016 started his PhD in Economics at PUC-Rio. He became a partner at Távola Capital in 2020.

Gabriel Caebzas | Macroeconomics Analyst

Partner and member of macroeconomics analysis area at Távola Capital. He started his career in 2022 as an intern in the macroeconomics area at Távola Capital. He became a partner in May 2023. Graduated in Geospatial Engineering at Instituto Militar de Engenharia - IME.

Igor Rezende | Investor Relations

Partner and responsible for Investor Relations at Távola Capital. Started his career in the financial markets in 2015 as analyst at Banco BTG Pactual. In 2016 Igor Rezende joined XP Inc. as partner in charge of the relationship with local fund managers. Graduated in Industrial Engineerig at Universidade Federal Fluminense.

Alexia Leite | Investor Relations

Partner and member of Middle Office and Investor Relations area at Távola Capital. Started her career in 2019 as an intern in the Middle Office and Investor Relations area at Távola Capital. Became a partner at Távola Capital in July 2021. Graduated in Economics at PUC-Rio.

Hércules Carvalho | Back Office Analyst

Partner, member of Risk and Compliance and Back-Office area at Távola Capital. He started his career in 2005 in the Back-Office area of ​​SDA Gestão de Recursos. Joined Fides Asset Management in 2007, responsible for the Back-Office and support for the management team. Graduated in Business Administration at PUC-Rio and Civil Engineering at UNESA. Has CPA-20 certification from ANBIMA.

Pedro Knupp | Risk and Compliance Analyst

Partner and member of Risks, Internal Controls and Compliance at Távola Capital. He started his career in 2022 at XP Investimentos. He became a partner at Távola Capital in 2024 as a Risk and Compliance’s analyst. Graduated in Business at Federal University of Rio de Janeiro (UFRJ). Has CPA-20 certification from ANBIMA.

Alexandre Cavalcanti | Trader

Partner and responsible for trading at Távola Capital. Started his career in 2007 at Banco BTG Pactual. In 2011 he joined Fides Asset Management as an investor relations analyst and in 2014 migrated to the company's management team as a trader. Graduated in Business Administration from CEFET-RJ and post-graduated in Investment Management at PUC-RJ.

Lucas Suemitsu | Analyst

Partner and member of analysis area at Távola Capital. He started his career in 2005 at BHP Billiton in the operational and financial area. In 2008 he joined BTG Pactual in the Back-Office area and later migrated to the Bank's Research area as a sell-side analyst. He participated in several IPO’s processes and was part of the team awarded by the renowned Institutional Investor magazine. In 2012, joined Opus Investimentos as an equities analyst and later, in 2015 he went to Vinci Partners. He joined Fides Asset Management in 2017. Graduated in Production Engineering at UFRJ and has an Executive MBA at COPPEAD / UFRJ.

Daniel Rocha, CFA | Analyst

Partner and member of analysis area at Távola Capital. He started his career as an equities analyst at XP Gestão de Recursos in 2012. In 2015 he joined Fides Asset Management as a partner and analyst. In 2018 he started the MBA program at NYU Stern School of Business. In 2020 he returned to Távola Capital, performing the same functions. Graduated in Production Engineering at Universidde Federal Fluminense - UFF.

Leonardo Melo | Analyst

Partner and member of analysis area at Távola Capital. He started his career in 2018 as an intern in the equities area at Fides Asset Management. He became a partner at Távola Capital in December 2019. Graduated in Computer Engineering at Instituto Militar de Engenharia - IME.

Miguel Silbert | Analyst

Partner and member of analysis area at Távola Capital. He started his career in 2019 as an intern in the equities area at Távola Capital. He became a partner at Távola Capital in July 2021. Graduated in Economics at PUC-Rio.

Luiz Arthur | Analyst

Partner and member of analysis area at Távola Capital. He started his career in 2021 as an intern in the equities area at Távola Capital. He became a partner at Távola Capital in 2023. Graduated in Eletric Engineering at Instituto Militar de Engenharia - IME.

Maria Clara Mano | Analyst

Partner and member of the analysis team at Távola Capital. She started her career in 2021 as a commodity intern at SXP Capital. In 2023, she joined Távola Capital as an equity intern, and in January 2024, she became an analyst and partner. She graduated from Pontifícia Universidade Católica do Rio de Janeiro (PUC-Rio).


X
Leia o Regulamento, o Formulário de Informações Complementares e Lâmina de Informações Essenciais, disponíveis na página do administrador, antes de investir. Para avaliação da performance de um fundo de investimento, é recomendável a análise de, no mínimo, 12 (doze) meses. Rentabilidade passada não representa garantia de rentabilidade futura. Fundos de investimento não contam com garantia do administrador, do gestor, de qualquer mecanismo de seguro ou fundo garantidor de crédito – FGC. A rentabilidade divulgada não é líquida de impostos e, se aplicável, taxa de saída. As informações contidas neste site são de caráter meramente informativo e não devem ser utilizadas ou consideradas como uma solicitação, oferta ou recomendação para compra ou venda de quotas de fundos de investimento, ou de quaisquer outros valores mobiliários.

@Todos os direitos reservados – Távola Capital – Administradora de Carteira de Valores Mobiliários Ltda.