Alerce · Fund Limited
$1,153.87
USD · Jun 17, 2026
Alerce Capital · est. 2015
Independent asset manager focused on global growth and technology equities: businesses that compound earnings year after year. Our own capital invested side by side with our clients'.
01 · About
We are an independent asset manager, structured as a partnership, dedicated to international allocation and focused on major developed markets. We provide international capital with access to high-growth opportunities in the world’s leading financial centers, combining best-in-class corporate governance with genuine diversification.
Three pillars: frequent and direct access to international information, transparency with investors, and demystifying the global market for our clients.
02 · Performance
The MSCI ACWI tracks more than 2,900 stocks across 23 developed and 24 emerging markets, the broadest benchmark used by global active managers. The chart below is rebased to 100 at January 2023 for a like-for-like comparison of the fund against the benchmark.
Alerce · Fund Limited
USD · Jun 17, 2026
MSCI · ACWI Index
USD 1,128.30 · Jun 16, 2026
Performance · base 100 = Jan/2023
Source: Alerce Capital · MSCI Inc. (ACWI USD). Performance net of fees. Past performance is not indicative of future results. Alerce Fund Limited is a Bahamas-domiciled professional fund. Not registered with the CVM in Brazil.
03 · Products
A long-only fund for direct equity exposure, and a capital-protected structured note built with Julius Bär for risk-averse allocators. Different vehicles. Different mandates.
Offshore · Bahamas · USD
FUNDBahamas-domiciled long-only equity fund focused on global growth and innovation companies. Active management with a long-term perspective.
Capital-protected · CHF / USD
STRUCTURED NOTEA structured note issued by Julius Bär, designed alongside Alerce Capital. A different vehicle for a different mandate: capital preservation first, asymmetric upside second.
Compass is not a fund. It is a Julius Bär structured product distributed to qualified clients.
04 · Team
Nelson Rozental is a founding partner of Alerce Capital and has built his career in private equity and long-term investing. He was an executive partner at GP Investimentos and later chaired the Board of BRZ Investimentos, where he structured funds focused on minority investments in small and medium-sized companies, infrastructure, agribusiness, and logistics. He has also served on investment committees and the boards of several Brazilian companies. Nelson holds an Engineering degree from UFRJ, a master's in Business Administration from COPPEAD, and completed Harvard Business School's OPM program. He currently chairs Alerce Capital's Strategic & Risk Committee.
Ricardo Kobayashi is an investor with more than 25 years of experience in financial markets. Before co-founding Alerce Capital, he was Head of Equities at Vinci Partners, led Research at Banco Pactual, and served as Head of Equity Asset Management at UBS Pactual. He began his career in investor relations and planning at Aracruz Celulose and Lojas Americanas. Ricardo holds a degree in Economics from UnB and a Master of Investment Management from Thunderbird. He is currently CIO of Offshore Funds and Chair of Alerce Capital's Investment Committee.
Marcelo Rozental is a Partner at Alerce Capital, where he covers technology companies with a focus on software and the internet. He has developed investment models and theses for companies including Meta, Amazon, Salesforce, and ServiceNow, as well as fintech businesses such as Coinbase, Upstart, and Shift4. Before joining Alerce, Marcelo worked as a Senior Consultant at EY on mergers and acquisitions, financial modeling, and restructuring projects. He holds an MBA in Finance from Columbia Business School and a bachelor's degree in Business Administration from IBMEC.
Matheus Vital specializes in companies across hardware, robotics, artificial intelligence, semiconductors, and industrial automation. A mechanical engineer from UFRJ, he also earned a dual degree from École Centrale de Lyon. Matheus began his career at Technip, developing engineering solutions and improving operational processes, and later worked at ILOS in logistics consulting. His engineering background, combined with strong knowledge of financial mathematics and finance, supports a rigorous and analytical approach to investment research in complex technology sectors. He is fluent in English and French.
Pedro Leme is a finance professional with experience in investment analysis, fund administration, compliance, and asset-management operations. His career includes roles at BTG Pactual, Grandprix Investimentos, and Optimum Capital, as well as investment analysis for the University of Miami's student-managed fund. He holds a Master of Science in Finance from the University of Miami, where he graduated as valedictorian, and a bachelor's degree in Production Engineering from PUC-Rio. His background combines fundamental analysis, valuation, risk controls, and the operational knowledge required to support investment teams.
Paulo Kobayashi works at the intersection of artificial intelligence, investment management, technology, and entrepreneurship. As Chief Artificial Intelligence Officer and Risk & Compliance Director at Alerce Capital, he leads the firm's AI strategy across investment research, operations, compliance, reporting, and decision-making. His work focuses on machine learning, large language models, agentic systems, and automation, with the governance and oversight required in a regulated environment. Before Alerce, Paulo built companies and projects across software development, digital transformation, communications, and audiovisual production.
Matheus Seixas is a Back-Office Analyst at Alerce Capital, where he supports the operational control of Brazilian and offshore investment funds. His responsibilities include reviewing fund valuations, preparing monthly reports, liaising with administrators, and developing Python-based tools that support the investment team. Before entering finance, Matheus trained as a physicist, earning a bachelor's degree from UERJ and a master's degree from PUC-Rio. He also holds the CPA-20 and CNPI certifications, and applies his quantitative background to reporting and process improvement.
05 · Contact
Interested in Alerce Fund Limited or the Compass structured note? Fill out the form and a partner will respond directly.
OFFICE
Rio de Janeiro · Brazil
COMPASS · JULIUS BÄR
For Compass subscription inquiries, please also reach out to your Julius Bär relationship manager.
Important notice · International investors
The products presented on the English version of this website are not intended for distribution to the public in Brazil and have not been registered with the Brazilian Securities and Exchange Commission (CVM).
These products are not available to US citizens or US persons, as defined under Regulation S of the U.S. Securities Act of 1933.
By continuing, you confirm that you have read and understood the statements above.