Constellation Investimentos E Participações Ltda (Sao Paulo)

Name: Constellation Investimentos E Participações Ltda
Address: Rua Amauri 255, Sao Paulo, 01448 000
Telephone: 55 11 4501 0025

Constellation Investimentos E Participações Ltda is a large advisory firm based in Sao Paulo. It manages $1.25 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2011.

Constellation Investimentos E Participações Ltda provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Constellation Investimentos E Participações Ltda: assets under management

The assets under management (AUM) of Constellation Investimentos E Participações Ltda is $1.25 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2554% since the beginning of its operation, and $1.06 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.25 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $56.69 million each.

Constellation Investimentos E Participações Ltda has custody of $402.5 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Constellation Investimentos E Participações Ltda for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Constellation Investimentos E Participações Ltda serves?

The firm provides services to pooled investment vehicles and sovereign wealth funds and foreign official institutions. The largest group of clients of Constellation Investimentos E Participações Ltda is sovereign wealth funds and foreign official institutions with 2 clients and $649.37 million of assets under management. Among the 9 most similar advisory firms, Constellation Investimentos E Participações Ltda has the highest percentage of sovereign wealth funds and foreign official institutions out of all clients.

The amount of regulatory assets under management is $1.25 billion for 22 clients. 78% of the firm’s clients are foreign persons or businesses.

Constellation Investimentos E Participações Ltda also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Constellation Investimentos E Participações Ltda

The company employs 22 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Constellation Holding Ltda	Owner	1 Jan 2004	75% - 100%	foreign entity
Florian (Nmn) Bartunek	Chief investment officer, executive manager, and director of the ltda	1 Jan 2004	Other	5917861
Florian Bartunek	Chief investment officer, partner	1 Jan 2004	Other	5917861
Alex (Nmn) Rodrigues	Chief compliance officer, executive manager, and director of the ltda	1 Jul 2007	Other	5917858
Alex Rodrigues	Chief compliance officer, partner	1 Jul 2007	Other	5917858
Rafael Sales Guimaraes	Executive manager	1 Oct 2007	Other	5917865
Lpi Brazil Llc	Owner	1 Jan 2008	Other	26-1550503
Rodrigo Barbosa Campos	Executive manager	1 Jul 2008	Other	2583893
Marcello Da Costa Da Silva	Executive manager	1 Nov 2008	Other	5917860
Fabio Melle Dallacqua	Executive manager	1 Nov 2009	Other	5917867
Lpi Brazil Llc	Owner	1 Dec 2011	Other	26-1550503

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Frank Mandel	Managing member of lpi brazil, llc	1 Oct 2007	Other	1329820
Lpi Investors I Llc	100% owner	1 Dec 2007	75% - 100%	261550096
Florian (Nmn) Bartunek	Owner	1 May 2008	25% - 50%	5917861
Florian Bartunek	Owner	1 May 2008	25% - 50%	5917861

Based in Sao Paulo

The principal office where Constellation Investimentos E Participações Ltda performs its advisory services is located at Rua Amauri 255, Sao Paulo, 01448 000, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 55 11 4501 0025 or by fax 55 11 4501 0005. The normal business hours are 8 am to 7 pm on Monday - Friday. You can find more information about the New York firm at const.com.br/.