# PE firms based in Brazil (2026 list) > 160 PE firms based in Brazil, 6% active in the last 12 months. Led by AB Capital, Axxon Group, BluStone. Ranked by what they funded. Source: https://millionrounds.com/lists/pe-firms-based-in-brazil (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # PE firms based in Brazil Updated 7 November 2026 PE firms headquartered in Brazil. [See all 160 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-brazil)The top 25 **160** investors on the list No change this week **16** cheques in 12 months Too few cheques to tell **$8.3M** median round they joined *+3%* against the market median **6%** wrote a cheque in 12 months **3%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (8) - 1 [AB Capital](https://millionrounds.com/fund/ab-capital) *Deploying now* Growth equity · Brazil **8** **$2.8B** median round **Oct 2026** last seen - 2 [Axxon Group](https://millionrounds.com/fund/axxon-group) quiet Private equity · Brazil **5** **$25M** median round **Oct 2003** last seen - 3 [BluStone](https://millionrounds.com/fund/blustone) *Deploying now* Private equity · Brazil **5** **$7.5M** median round **Jun 2026** last seen - 4 [Crescera Capital](https://millionrounds.com/fund/crescera-capital) *Deploying now* Private equity · Brazil **4** **$1.2M** median round **Oct 2026** last seen - 5 [L4 Venture Builder](https://millionrounds.com/fund/l4-venture-builder) quiet Growth equity · Brazil **4** **$8M** median round **Oct 2025** last seen - 6 [Allievo Capital](https://millionrounds.com/fund/allievo) quiet Private equity · Brazil **2** **$7.6M** median round **Apr 2025** last seen - 7 [BR Opportunities](https://millionrounds.com/fund/br-opportunities) quiet Growth equity · Brazil **2** **-** median round **Aug 2013** last seen - 8 [CBMM](https://millionrounds.com/fund/cbmm) *Deploying now* Growth equity · Brazil **2** **$87M** median round **May 2026** last seen - 9 [Positive Ventures](https://millionrounds.com/fund/positive-ventures) *Deploying now* Private equity · Brazil **2** **$4.8M** median round **Nov 2026** last seen - 10 [Spectra E Investments](https://millionrounds.com/fund/spectra-e-investments) *Deploying now* Private equity · Brazil **2** **$7.6M** median round **Aug 2026** last seen - 11 [Stratus Group](https://millionrounds.com/fund/stratus) quiet Private equity · Brazil **2** **$5M** median round **May 2007** last seen - 12 [Verde Asset Management](https://millionrounds.com/fund/verde) *Deploying now* Private equity · Brazil **2** **$56M** median round **Aug 2026** last seen - 13 [4am Capital](https://millionrounds.com/fund/4am-capital) quiet Private equity · Brazil **1** **$1.7M** median round **Nov 2024** last seen - 14 [4um Investimentos](https://millionrounds.com/fund/4um-investimentos) quiet Private equity · Brazil **1** **$8.5M** median round **Oct 2025** last seen - 15 [AgroVen](https://millionrounds.com/fund/agroven) *Deploying now* Private equity · Brazil **1** **$5.8M** median round **Feb 2026** last seen - 16 [Amadeus Capital](https://millionrounds.com/fund/amadeus-capital) quiet Growth equity · Brazil **1** **$15M** median round **Apr 2017** last seen - 17 [Chromo Invest](https://millionrounds.com/fund/chromo-invest) quiet Private equity · Brazil **1** **$22M** median round **Oct 2018** last seen - 18 [LTP Capital](https://millionrounds.com/fund/ltp-capital) quiet Private equity · Brazil **1** **$30M** median round **May 2019** last seen - 19 [Lanx Capital](https://millionrounds.com/fund/lanx-capital) quiet Private equity · Brazil **1** **$85M** median round **Oct 2019** last seen - 20 [Oasis Capital](https://millionrounds.com/fund/oasis-capital-4) quiet Private equity · Brazil **1** **-** median round **Jul 2025** last seen - 21 [Performa Investimentos](https://millionrounds.com/fund/performa-investimentos) quiet Private equity · Brazil **1** **$7.1M** median round **May 2018** last seen - 22 [Quartz](https://millionrounds.com/fund/quartz) quiet Private equity · Brazil **1** **$3.1M** median round **Nov 2024** last seen - 23 [SFORZA](https://millionrounds.com/fund/sforza-holding) quiet Private equity · Brazil **1** **$10M** median round **Nov 2016** last seen - 24 [SLC Agrícola](https://millionrounds.com/fund/slc-agricola) quiet Growth equity · Brazil **1** **$15M** median round **Mar 2025** last seen - 25 [Six Capital Partners](https://millionrounds.com/fund/six-capital-partners) quiet Private equity · Brazil **1** **$1.8M** median round **Oct 2019** last seen **135 more on this list** All 160 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-brazil) ## The Newest Cheques Rounds this list's investors joined most recently - **4** Nov **[Rivio](https://millionrounds.com/company/rivio)** Series A *With* [Positive Ventures](https://millionrounds.com/fund/positive-ventures) - **30** Oct **[Bloquo](https://millionrounds.com/company/bloquo)** Seed *Led by* [Crescera Capital](https://millionrounds.com/fund/crescera-capital) - **21** Oct **[Legora](https://millionrounds.com/company/legora)** $550M *With* [AB Capital](https://millionrounds.com/fund/ab-capital) - **8** Oct **[Waymo](https://millionrounds.com/company/waymo)** Debt · $5B *With* [AB Capital](https://millionrounds.com/fund/ab-capital) - **23** Sept **[Nuvia](https://millionrounds.com/company/nuvia)** Seed · $1.8M *With* [Spectra Investimentos](https://millionrounds.com/fund/spectra-investimentos) - **22** Sept **[AMentoria](https://millionrounds.com/company/amentoria)** Seed · $196K *Led by* [Crescera Capital](https://millionrounds.com/fund/crescera-capital) ## Stages This Year 16 rounds - Seed **38%** - Series A **25%** - Debt **13%** - Other **6%** - Series C **6%** - Other **13%** ## What They Backed Sectors, last 12 months - AI **8** - Fintech **6** - Legaltech **3** - Financial Services **2** - Big Data & Analytics **2** - Energy **2** ## Cheques by Quarter Led Joined 2 Q1 25 1 Q2 25 5 Q3 25 3 Q4 25 3 Q1 26 3 Q2 26 5 Q3 26 4 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states) - [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states) - [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom) - [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china) - [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india) - [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada) - [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany) - [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom) - [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about PE firms based in Brazil ### Who are the most active PE firms based in Brazil? By cheques observed, the most active are AB Capital, Axxon Group, BluStone, Crescera Capital and L4 Venture Builder. ### How many PE firms based in Brazil are there? 160 are on record. 6% made an investment in the last 12 months and 3% have led a round. ### Which stages do PE firms based in Brazil back? Of the rounds with a named stage in the last 12 months, mostly Seed (46%) and Series A (31%). ### How big are the rounds PE firms based in Brazil join? The typical (median) round among the leading investors here is $8M. ### Which sectors do PE firms based in Brazil back most? In the last 12 months, mostly AI, Fintech and Legaltech. ### Which PE firms based in Brazil lead the most rounds? L4 Venture Builder (4 led), Crescera Capital (3 led) and BluStone (1 led). ### What have PE firms based in Brazil invested in recently? Recent rounds include Rivio (Series A, Nov 2026, with Positive Ventures), Bloquo (Seed, Oct 2026, with Crescera Capital) and Legora (Oct 2026, with AB Capital). ### How is this list of PE firms based in Brazil ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)