Research strategy and diverse-asset class portfolio management, including
equities, commodities, fixed income and currencies, in the Brazilian and
global markets.
Vista Capital was founded in 2014, bootstrapped from the ground up, starting with R$30 million in assets under management.
The trust relationship built with our clients has been the foundation of our growth, helping us expand our initial AuM to over R$2 billion over time.
Our credibility has been earned through consistent performance, strict risk controls, and a full alignment of interests between Vista partners and our investors.
With our meritocratic culture, best-in-class team, and robust governance, we are confident that we will continue delivering expressive results for our clients.
0+ years
of track record
Research strategy and diverse-asset class portfolio management, including
equities, commodities, fixed income and currencies, in the Brazilian and
global markets.
Vista Macro | Date | NAV | % Day | % MTD | % YTD | % 12M | % SI¹ | AuM (R$) | AuM 12M (R$) | AuM Strategy (R$) |
Vista Hedge FIC FIM | 07/22/2025 | 2,072896 | 0,08% | -3,44% | 14,64% | 21,00% | 107,29% | 128.809.748 | 176.843.865 | 298.819.440 |
% CDI | 148% | - | 199% | 169% | 136% | |||||
Vista Multiestratégia FIC FIM | 07/22/2025 | 6,753937 | 0,10% | -7,50% | 22,49% | 31,12% | 575,39% | 141.256.386 | 193.049.644 | 855.736.116 |
% CDI | 183% | - | 306% | 251% | 366% | |||||
Benchmarks | % Day | % MTD | % YTD | % 12M | ||||||
CDI | 0,06% | 0,89% | 7,35% | 12,41% |
(1) Inception dates: Vista Multiestratégia: 01-30-2015 | Vista Hedge: 05-08-2018
Landau started his career in 2004 at AAA Asset Management. In 2005, he joined BTG Pactual’s equity research team, focusing on the coverage of Oil & Gas companies. In 2008, Landau joined Paineiras Investimentos, where he was a partner and portfolio manager for 6 years before founding Vista Capital in 2014.
Maia started his career in 1999 at Unibanco Asset Management working in macroeconomic research. Between 2002 and 2014, he was Chief Economist and Partner at Gap Asset Management, the same position he later held at Kyros Investimentos from 2014 to 2015. Before joining Vista as Chief Economist, Maia was Senior Economist at Gávea Investimentos between 2015 and 2020. M.Sc. in Economics from EPGE-FGV/RJ.
Uchôa began his career in 2006 at BTG Pactual in the operations department. In 2016, he became a partner and COO at Leste, and in 2019, he founded Gavea Marketplace, acting as CEO until joining Vista Capital in 2024. M.Sc. in Economics from EPGE-FGV/RJ.
Arida served as President of the Central Bank of Brazil in 1995, President of BNDES (Brazilian Development Bank) from 1993 to 1994, Director of the Banking Department at the Central Bank of Brazil in 1986, and Secretary of Economic and Social Coordination at the Ministry of Planning in 1985. Additionally, he was a director at Brasil Warrant and a member of the Board of Directors at Itaú. He also served as a director at Opportunity and held the positions of Chairman of the Board and CEO of Banco BTG Pactual from 2008 to 2017.
Lucas started his carrer in 2016 at Banco BBM in the credit quantitative analysis area. In 2017, he joined Vinci Partners in the middle office area and in the same year joined Vista Capital. He holds a degree in Mechanical Engineering from PUC-Rio.
Arthur started his carrer in 2006 at UBS Bank in London in the Emerging Market Equity Derivatives desk. In 2007, he joined Barclays Capital in London as a trader in the Exotic Equity Derivatives & Fund Derivatives desk, focusing on the European market. In 2011, he joined Goldman Sachs in New York as a trader and proprietary market maker for Emerging Markets Equity Derivatives. In 2013, he was transferred to Goldman Sachs’ São Paulo office to develop the local Equity Derivatives business. In 2016, he joined Stone Ridge Asset Management in New York as a trader and portfolio manager. Finally, in 2020, he joined Vista Capital. He holds a degree in Control and Automation Engineering from PUC/RJ, with a dual degree and a Master’s degree from the Institut National des Sciences Appliquées de Toulouse in France.
Joaquim started his career in 2014 in the macroeconomic research area of Banco BTG Pactual. Between 2018 and 2020, he worked as an analyst and trader at Península Participações. Before joining Vista Capital in 2022, he was a manager at RPS Capital. He holds a Bachelor’s degree in Economics from PUC/RJ and a Master’s degree in Applied Mathematics to Finance from MIT.
He started his career in 2015 at Turim Family Office, where he stayed until joining Vista Capital in 2016. He holds a degree in Engineering from PUC-Rio and is entitled to use the Chartered Financial Analyst® designation.
Gustavo started his career in 2014 in the equity analysis area of Banco BTG Pactual, covering the TMT sectors and later Oil and Gas. In 2018, he joined the global equities team at Adam Capital, where he worked as an analyst and then as team head for four years before joining Vista Capital. He holds a Bachelor’s degree in Economics from PUC/RJ.
Raquel started her career in 2015 at BTG Pactual. At the end of the same year, she joined Constellation Asset Management, where she was a partner and responsible for investor relations area until 2022. Before joining Vista Capital in 2024, she was a partner at the venture capital manager Canary, where she worked on raising foreign investors. She holds a Bachelor’s degree in Economics from FEA-USP and is entitled to use the Chartered Financial Analyst® designation.
A presente instituição aderiu ao código ANBIMA de Regulamentação e Melhores Práticas para os fundos de investimento.
As informações contidas neste site são de caráter exclusivamente informativo e não representam distribuição de cotas. A Vista Capital não comercializa nem distribui cotas de fundos de investimento ou qualquer outro ativo financeiro. Fundos de investimento não contam com a garantia do administrador, do gestor da carteira, de qualquer mecanismo de seguro ou, ainda, do fundo garantidor de créditos – FGC. A rentabilidade passada não representa garantia de rentabilidade futura. Para avaliação da performance dos fundos de investimento, é recomendável uma análise de período de, no mínimo, 12 (doze) meses. Ao investidor é recomendada a leitura cuidadosa do prospecto e do regulamento dos fundos de investimento ao aplicar seus recursos. Estes fundos utilizam estratégias com derivativos como parte integrante de sua política de investimento; tais estratégias, da forma como são adotadas, podem resultar em significativas perdas patrimoniais para seus cotistas, podendo inclusive acarretar perdas superiores ao capital aplicado e a consequente obrigação do cotista de aportar recursos adicionais para cobrir o prejuízo dos fundos.
This institution adhered to the ANBIMA code of Regulation and Best Practices for investment funds.
The information contained in this Website is provided for informational purposes only, and do not imply share distribution. Vista Capital does not sell or distribute share in investment funds or any other financial asset. Investment funds do not have the guarantee of the administrador, the portfolio manager, any insurance mechanism or, even, the credit guarantee fund – FGC. Past profitability is no guarantee of future profitability. To assess the performance of investment funds, an analysis of a period of at least 12 (twelve) months is recommended. Investors are advised to read the investment funds’ prospectus and regulations carefully when investing their funds. These funds use derivative strategies as an integral part of their investment policy; such strategies, as adopted, may result in significant equity losses for its shareholders, and may even result in losses greater than the capital invested and the consequent obligation of the shareholder to provide additional resources to cover the loss of the funds.