Portofino Multi Family Office
Independent São Paulo multi-family office founded in 2012; investment strategy, wealth and succession planning, real estate and M&A for families, plus a sports and entertainment arm.
Identity
- HEADQUARTERS
- São Paulo, Brazil
- OFFICES
- Curitiba, Brazil · Porto Alegre, Brazil · Belo Horizonte, Brazil · Recife, Brazil · New York, United States
- FOUNDED
- 2012
Investment approach
- GEOGRAPHY
- BrazilGlobal
Overview
Portofino started in 2012 when Carolina Giovanella took over the management of her own family's wealth, and now describes itself as an independent multi-family office with no bank, broker or asset manager among its shareholders. It builds local and international portfolios and offers wealth, tax and succession planning, real-estate strategy, M&A support and family governance, and says it serves more than 500 people, families and companies with 198 staff. Its regulated managers include Portofino Gestão de Recursos Ltda. (CVM portfolio manager since 2013), PMFO Esportes e Entretenimento (athletes and artists, combined with Itajuí Gestão de Patrimônio) and Portofino Internacional (registered 2025); international operations are run from New York.
Investment thesis
A multi-family office should act as the coordination centre of a family's wealth, integrating strategy, governance, wealth and succession planning, businesses and real estate under one independent view rather than selling products.
Holdings & investments
INVESTMENT ARMS & VEHICLES
- PMFO Esportes e Entretenimento Gestão de Recursos Ltda.
- Portofino Internacional Gestão de Recursos Ltda.
People
Frequently asked questions
Portofino Multi Family Office is a multi family office based in São Paulo, Brazil, founded in 2012.
Portofino Multi Family Office does not publicly state whether it puts its own money into companies or invests through funds.
Key people at Portofino Multi Family Office include Carolina Giovanella (Founder and managing partner), Eduardo Castro (Partner and CIO) and Adriano Cantreva (Partner, New York office and international operations).