Vista Capital

Established in 2014, Vista Capital is exclusively dedicated to managing investment funds.

The company was structured to be a society where all members are “owners of the business” and work with the only focus of generating alpha to our funds. Our administration philosophy is based on ownership and team work. We believe that this is the best way to maintain high alignment of interests within the best professionals in the field. This makes it easier to make long term decisions, to have absolute transparency and to maintain ethics at all times.

For us to succeed in this strategy, obtaining satisfactory return to our clients and, therefore, for our partners, it is important that Vista Capital keeps its commercial mandate, focusing on capital preservation and on obtaining absolute return.

We believe that managing funds is a highly competitive activity. For us to stand out in the market, we have to excel in investment analysis and execution, in operational processes and in risk management. We have a meritocratic culture that focus on achieving and maintaining performance.

Vista Capital has an Equities research and a Macroeconomic research team that discuss important topics regarding portfolio management. We study the micro and macroeconomic conjunctures until we finally decide the best investment and allocation strategies.

In our mission of capital preservation, consistent returns and strict adherence to our investment mandate, four pillars support us:

 

  • Analytical excellence: Investment process backed by an experienced team with complementary backgrounds.
  • People management: Meritocratic culture as a driver of hiring and retaining the best professionals.
  • Alignment of interests: All members of the investment team are partners and invest a significant part of their net worth in our funds.
  • Process: Investment decisions, operational controls and risk management are all equally relevant.

Team

Macro Team

João Landau

PM/Director

João began his career in 2005 in Banco Pactual. While he was there, he worked in the Backoffice and as an Equities Analyst covering the Oil & Gas industry. In 2008, he joined Paineiras Investimentos, where he was a Partner and Macro PM for 6 years before funding Vista Capital in 2014. He holds a Bachelor degree in Economics from PUC/RJ.

Eduardo Baczynski, CFA

Co-PM

He began his career in 2007 as an Economist in BNY Mellon Global Investments. In 2008, he joined the Platina Investimentos team as a Senior Economist. From 2010 to 2017 he was a Partner and Portfolio Manager in Polo Capital. After that, he worked in ARX Investimentos as Portofolio Manager. Finally, he joined Vista Capital in 2019. Eduardo holds a Bachelor degree in Economics from PUC/RJ.

Kaio Sartori

Co-PM

He began his career in 2012 as a Risk Management intern in Pacífico Gestão. In that same year he joined Gap Asset as a Currencies and Fixed Income Co-PM. He worked there for 5 years until he joined Vista Capital in 2017. Kaio holds a Bachelor degree in Economics from IBMEC/RJ.

Lucas Valente

Macro Analyst

He began his career in 2016 as a Quantitative Credit Analyst in Banco BBM. In 2017, he joined the Middle Office team in Vinci Partners. In that same years Lucas joined Vista Capital. He holds a Bachelor degree in Engineering from PUC/RJ.

Equities Team

João Eduardo Lopes

PM/ Director

He began his career in 2005 in Angra Partners. While he worked there, he was part of the Brasil Telecom, Telemig Celular and Metrô do Rio de Janeiro deals. In 2010, he joined Leblon Equities as an Equities Analyst. After coming back from his MBA in 2014, João funded Vista Capital. He holds a Bachelor degree in Economics from PUC/RJ and an MBA in Finance and Real Estate from Wharton Business School.

Luiz Guilherme Gama

Equities Analyst

He began his career in 2012 as an intern in the Law office Ferro, Castro Neves, Daltro e Gomide Advogados. In that same year he joined Vinci Partners. While he was there, he worked in the Legal department and as a Credit Analyst. Finally, he joined Vista Capital in 2015. Luiz holds a degree in Law from PUC/RJ and an extension in Finance from COPPEAD-UFRJ.

Victor Borba

Equities Analyst

He began his career in 2009 as an intern in BroadSpan Capital LLC. In 2010, he joined the Equities team in Panieiras Investimentos. From 2011 to 2015 he worked as an Equities Analyst in Pacífico Gestão. After his MBA he worked with VCs in Carta, in NYC. Victor joined Vista Capital in 2019. He holds a Bachelor degree in Engineering from PUC/RJ and an MBA from INSEAD.

Bernardo Schoichet

Equities Analyst

He began his career in 2015 as an intern in the Onshore Control team in Turim Family Office & Investment Management. He joined Vista Capital in 2016. Bernardo holds a Bachelor degree in Engineering from PUC/RJ.

Investors Relations

Rodrigo Faveret

Investors Relations

He began his career in 2011 as an intern in the Operations team in Banco BTG Pactual. In 2013, he joined SPX Capital, where he was an Equities Co-PM. From 2015 to 2018 Rodrigo worked as a Commercial Analyst in ATG. Finally, he joined Vista Capital in 2018. He holds a Bachelor degree in Economics from IBMEC/RJ.

Deborah Margulies

Investors Relations

She began her career in 2017 as an intern in the Risk and Operations team in Pacífico Gestão. In 2018, Deborah joined Vista Capital. She is majoring in Economics in PUC/RJ.

Operações

Manoel Savastano

Controller

He began his career in 2004 as a Credit Backoffice intern in Banco BVA. In 2005, he joined Fiducia Asset Management as a Middle Office Analyst. Then, from 2006 to 2009 Manoel worked in Banco BBM and BMM Investimentos as a Products Analyst Middle Office Coordinator. Later, in 2010, he joined Brookfield Finance, where he was an Associate in the Operations team until 2014, when he joined Vista Capital. He holds a Bachelor degree in Economics from PUC/RJ.

Lucas Lima

Risk and Operations

He began his career in 2017 in the Risk Management team in Kronos Asset Management. In 2018, he joined Mongeral Aegon Investimentos as a Middle Office Analyst. Later in that same year he joined Vista Capital. Lucas holds a Bachelor degree in Mathematics from FGV/RJ.

Eduardo Brito

Risk and Operations

Eduardo joined Vista Capital in 2018. He is majoring in Engineering in PUC/RJ and mastering in Finance in IMPA.

Alice Ramos

Administrative

She began her career in 2009 as an intern in Lecca Investimentos, where she was part of the Portfolio Management, Middle Office and Compliance teams. Prior to that, she was an intern in Ágora CTVM. Alice joined Vista Capital in 2017. She holds a Bachelor degree in Business Administration from PUC/RJ.

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