Naman Capital
Empreendimentos Imobiliários Imofors Ltda.
São Paulo single family office (formerly Bizma Investimentos) set up in 2016 to manage the funds of a family group of Suzano shareholders; R$3.1bn under management.
Family & background
- HEADQUARTERS
- São Paulo, Brazil
- FOUNDED
- 2016
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- GEOGRAPHY
- BrazilGlobal
- STRATEGIES
- Public equities
Overview
Naman Capital Ltda., called Bizma Investimentos Ltda. until January 2024, was set up in January 2016 as the formalised successor of a single family office for a family group of shareholders of Suzano S.A. It manages the family members' and their foundation's wealth on a discretionary basis through one equity fund, four multimarket funds and managed accounts, all restricted to that group. It is controlled by the holding company Empreendimentos Imobiliários Imofors Ltda., whose partners are David, Daniel, Jorge and Ruben Feffer, and reported R$3.1 billion under management at the end of 2025. It is registered with the CVM as a portfolio manager.
Investment thesis
Discretionary management of the family group's and its foundation's assets through exclusive equity and multimarket funds and managed accounts, investing in equities, debentures, government and investment-grade private bonds, derivatives, offshore securities and fund units.
People
- Felipe Costa Carvalho de Figueiredo RodriguesDirector responsible for portfolio management; Investment Committee coordinator · source
- Nicole Schulze BlanckDirector of Compliance and Risk; Investment Committee member · source
- Fernando ChermanInvestment Committee member (secretary) · source
- Maria Cecília Castro Neves IpiñaInvestment Committee member · source
- Fernanda Palombo IanezInvestment Committee member · source
- Maurício Moura JustoInvestment Committee member · source
- Nildemar SecchesPermanent invitee, Investment Committee · source
Frequently asked questions
Naman Capital is a single family office based in São Paulo, Brazil, founded in 2016.
Naman Capital does not publicly state whether it puts its own money into companies or invests through funds. Its stated asset mix includes public equities.
Key people at Naman Capital include Felipe Costa Carvalho de Figueiredo Rodrigues (Director responsible for portfolio management; Investment Committee coordinator), Nicole Schulze Blanck (Director of Compliance and Risk; Investment Committee member), Fernando Cherman (Investment Committee member (secretary)) and Maria Cecília Castro Neves Ipiña (Investment Committee member).
No. Naman Capital invests its own capital and does not raise money from outside investors.