Corporate Structure
Partners, Directors & Heads
Ricardo Fleury Cavalcanti de Albuquerque Lacerda
Founder & CEO
Ricardo Lacerda has been the CEO and founding partner of BR Partners Banco de Investimentos since 2009. He was Head of Citigroup’s Investment Bank in Latin America (2007-2009) and Brazil (2005-2009). Previously he worked at Goldman Sachs, where he held the positions of Chief Executive Officer in Brazil (2001-2005) and Vice President at Banco de Investimentos in New York (1996-2001). He holds a graduate degree in Business Administration (1990) and a postgraduate degree in Finance (1992) from Fundação Getulio Vargas, and holds a Master’s in Finance from Columbia University in New York (1996).
José Flávio Ferreira Ramos
Partner and CEO of BR Partners Banco
Mr. José Flávio has a bachelor’s degree in Business Administration and a specialization in Finance from Centro Universitário UNA. He has more than forty years of experience in the financial market. Mr. José was CEO of BR Partners Banco until 2016, and in July of 2021 he returned to the same post of CEO. He was Executive Director of Emerald Gestão de Investimentos (2008-2012) and Chief Financial Officer at Citibank (2001-2008).
Jairo Eduardo Loureiro Filho
Co-Founding Partner & Executive Director
Mr. Jairo holds a bachelor’s degree in Business Administration from Fundação Getúlio Vargas and an MBA from Wharton School of Business at the University of Pennsylvania. He has extensive experience in the segment of financial institutions, with an emphasis on financial advice. Mr. Jairo was part of the founding team of Grupo BR Partners (2009). He holds the position of director in several subsidiaries of the economic group and currently a member of the Board of Directors. Previously, he served as co-head (2009) and as Managing Director (2007-2009) of Citi Investment Bank in Brazil. Mr. Jairo held the position of Vice President at Goldman Sachs Investment Bank (2000-2007) and served at Salomon Brothers in New York (1996-2000). Mr. Jairo does not hold management positions in other companies or organizations in the third sector.
Danilo Depieri Catarucci
Partner & Executive Director
Mr. Danilo holds a bachelor’s degree in Business Administration and Economics from Fundação Getúlio Vargas, Administration and Accounting at the University of São Paulo. He has extensive experience in the segment of financial institutions. He holds the position of director at BR Partners Banco de Investimento (Investment Bank) S.A. and at BR Partners Assessoria de Mercados de Capitais e Dívida (Capital Markets and Debt advisory) Ltda. since 2016. Mr. Danilo is currently a member of the Board of Directors. Previously, he served as Senior Transactor at XP Investimentos (2011-2012), was a Partner at Pluribus Investimentos (2010-2011), Associate at Alvarez and Marsal do Brasil (2008-2010), Associate at Citigroup (2006-2008) and Analyst at BES Investimento do Brasil (2004-2006). Mr. Danilo does not hold management positions in other companies or organizations in the third sector.
Marcelo Nóbrega da Costa
Partner, Executive Director & CFO
Mr. Marcelo holds a bachelor’s degree in Mechanical Engineering – Aeronautics from Instituto Tecnológico de Aeronáutica. He holds a master’s degree in Mathematical Modeling Applied to Finance from FEA / IME – USP. Mr. Marcelo has extensive experience in the segment of financial institutions. He is currently director of the Issuer and BR Partners Banco de Investimento S.A., responsible for the Sales & Trading area of Fixed Income and Derivatives (since 2013). Previously, he was responsible for the Fixed Income and Derivatives Sales area at Banco Espírito Santo (BES) in Brazil (2006-2012).
Bachir Samir El Chaouiche
Partner
Prior to joining BR Partners, he worked at Banco Santander as Derivatives Corporate Sales (2016-2019) and FI Structured Products Sales (2013-2016). He also worked at Banco Bradesco as Derivatives Sales for Large Corporates (2009-2013) and at BFRE (2008-2009). Bachir holds a bachelor’s degree in Business Administration from Insper (2009) and a Master’s Degree in Economics from Insper (MPE – 2019).
Bruno Tsuji
Partner
Previously, he was responsible for Banco Safra’s Derivatives Bureau (2013 – 2015). Before joining Banco Safra, he served as Global Market Sales at Standard Bank (2010 – 2013). Mr. Bruno graduated in Business Administration from the University of São Paulo (2004) and holds a master’s degree in Economics and Finance from the Fundação Getúlio Vargas in São Paulo (MPFE – 2010).
Claudio Tibau
Partner & Head of Funding
Previously, he worked at Banco ABC Brasil (1990-2020), responsible for the areas of local Funding, Investment Fund Distribution and DCM Distribution. He graduated in Business Administration from Faculdade Cândido Mendes and took several specialization courses at FGV, IBMEC and others.
Daniel Araújo
Partner & Head of Credit
A career in the financial market with a primary focus on credit risk. He worked as a credit and equity analyst (buy side) at Western Asset Management (2007 to 2018), Ratings Director at Standard & Poor’s (1998 to 2007) and Credit Manager at Rabobank International (1993 to 1998), among others. Graduated in Business Administration at PUC-SP.
George Casaes
Head of Regional Coverage
Mr. George Cesaes joined the team in 2021, holds a bachelor’s degree in Law (1997) from PUC-MG and Accounting (1997) from UFMG. Previously, he worked for 28 years with structuring services for Investment Funds (REITs, FIP and FIDC), tax, corporate and succession planning, M&A operations and customer service for Wealth Management. In addition, he holds a Masters in Law (2004) from the Milton Campos Law School.
Giovana Petrilli
Partner & Head of Human Resources
Responsible for the HR area since 2014. Previously, Ms. Giovana worked on the Payroll of Credit Suisse Investment Bank (2008 – 2011). She graduated in Business Administration from Centro Universitário Central Paulista (2005) and has a Postgraduate Degree in Organizational Management and Human Resources from USFCar (2007).
Gustavo Pachione Guedes
Partner
Previously, he held the position of Structuring, Risk and Product Manager at Cibrasec (2012-2019) and Credit Risk Associate at the Royal Bank of Scotland (2011-2012). He also worked in the Credit Risk area at Banco Itaú (2005-2011). He graduated in Economics from Universidade de São Paulo (2005) and holds a Masters in Economics and Finance from Fundação Getúlio Vargas in São Paulo (2011).
Hideo Kawassaki
Partner & Head of Accounting
Bachelor’s in accounting sciences from Universidade of São Judas Tadeu and MBA in Business Management from Fundação Dom Cabral. He is currently an accountant for the companies of the BR Partners Group (since 2011). Previously, he worked at BPN Brasil (2008-2011), Dresdner Bank (99-2008) and Banco Safra (1997-1999).
Jefferson Kasa
Partner and Director
Previously, Mr. Jefferson worked as a senior associate at Lazard Investment Bank (2012-2014) and in Private Equity at Banco Votorantim (2010-2011), manager at Unibanco (2006-2008) and consultant at Bain & Company (2003-2005). He graduated in Business Administration from Fundação Getulio Vargas (2004) and has an MBA from Stanford University Graduate School of Business (2010).
Leonardo Ferreira
Partner & Head of Risk and Product Control
Responsible for the Product Control and Risk areas since 2012. Previously, he served as a partner responsible for Product Control / Middle in a global fund (2004-2011), and at the Maxblue DTVM Products table (2003-2004) and at HSBC CTVM table (1999-2003). He graduated in Production Engineering from the Polytechnic School of the University of São Paulo (2000).
Marcella Coselli Marcondes
Partner
She joined the team in 2016. She graduated in Business Administration at Fundação Getúlio Vargas (2017).
Monica Piccirillo
Partner & Head of Legal and Compliance
Responsible for the Legal and Compliance areas. Before joining the team in 2021, she worked in the legal department of Bank of America Merrill Lynch (2020-2021), BNP Paribas (2009-2020) in Brazil and in the Legal Department and Project Finance – Energy, Oil and Gas – in WestLB AG in Brazil and New York (1998-2009). She holds a degree in Law from University of São Paulo and a Master’s degree in Law (LL.M) from the Fordham University School of Law in New York with a focus on Banking, Corporate and Finance Law.
Sergio Carbone
Partner & Director
Mr. Sergio has a bachelor’s degree in Chemistry from the University Osvaldo Cruz. He has extensive experience in the financial institutions segment. He is currently a director of the Issuer and BR Partners Banco de Investimento S.A. (since 2012). Mr. Sergio previously worked at Credit Suisse in the Post-Trade / Back-Office of Equities area (1992-2011).
Victor Marsal Gomes
Partner
Previously, he worked in M&A and corporate finance at Centria (2019-2020), Conext Partners (2016-2019), the BI&P investment bank (2013-2016) and Voga (2008-2013). He graduated in Economics from Fundação Getúlio Vargas (2008).
Victor Molchansky
Partner
Previously, Mr. Victor worked in the business area of Pinheiro Neto Advogados – corporate M&A and structured products (debt & equity) (2007-2012). He graduated in Law from the University of São Paulo (USP) (2010).
Vinicius Carmona Cardoso
Partner & Head of Investors Relations
Mr. Vinicius holds a bachelor’s degree in international relations with an emphasis on economics (2011) from FACAMP (Faculdades de Campinas). Previously, he worked as a manager at Banco ABC Brasil S.A. (2016-2020) in Investor Relations, Business Intelligence and proprietary M&A, and at Cielo S.A. as a Trainee and later Investor Relations analyst (2013-2016).
Andrea Amorim
Partner and Restructuring Director
Previously, she was a founding partner at Lead Capital Partners (2019-2021). She worked in the area of Investment Banking at Banco BTG Pactual (2019), was an Executive Director at Banco BNP Paribas (2013-2018 and 2004-2007), worked in private debt origination at Banco BBM Bocom (2012- 2013), in origination and structuring at Banco Credit Suisse (2007-2012) and in credit analysis at Banco ABN Amro Real (2001-2004). He holds a degree in Business Administration from Fundação Getulio Vargas Foundation (2001) and post graduated in Finance also from Fundação Getulio Vargas (2003).
Cesar Epiphanio
Partner
Previously, he worked in Portfolio Management at Votorantim S.A. (2017-2019) and in Strategic Planning and M&A at Braskem S.A. (2011-2017). CFA charterholder since 2017, graduated in Business Administration from Insper (2010).
Fabiana Balducci
Partner and Restructuring Director
Previously, she was a founding partner at Lead Capital Partners (2019-2021). She served as a director at Credit Suisse (2006-2019). She also worked in the areas of Corporate Finance, Financial Institutions and Credit at BNP Paribas (2004-2005) and Bank of America (1994-2004) and in the Economic Department at Banco Itaú. She holds a degree in Economics from Pontifícia Universidade Católica de São Paulo (1994) and received his MBA in Finance from Insper (2002).
Gustavo Papa
Partner
He joined the team in 2020. Previously, he worked in Portfolio Management at Votorantim S.A. (2016-2020), in M&A at Saint Paul Advisors (2014-2016) and at Ultrapar (2014). He graduated in Mechatronic Engineering from Universidade de São Paulo (2015).
Rafael Coiro
Partner
He joined the team in 2018. He graduated in Economic Sciences from the School of Economics, Business and Accounting of the Universidade de São Paulo (2017).
Rodrigo Moraes
CIO Wealth Management
Joined the Wealth Management team as CIO – Chief Investment Officer. He has a degree in Economics from the Federal University of Pernambuco and a postgraduate degree in Finance from CODIMEC/EAESP. Previously, he was a partner and member of the executive committee at Julius Baer Family Office and Reliance Asset Management. Additionally, he held executive roles at Banco Rendimento, Grupo Safra and The First National Bank of Boston. He has CGA and CGE certifications from ANBIMA and Securities Consultant and Administrator certifications from CVM.
Álvaro Aguiar
Wealth Management Director
Prior to joining BR Partners (2023), Álvaro worked at Julius Baer Family Office as Team Head Relationship Manager (2020-2023). He previously was as Partner and Director of Reliance (2005- 2020). He also worked as Director for Deutsche Bank (2002 -2005) and as Vice-President at JP Morgan in New York and São Paulo (1991-2002). He holds a Bachelor´s degree in Business Administration from Fundação Getulio Vargas (1985).
Rafael Lisboa
Wealth Management Director
Rafael joined the Wealth Management team in 2023 and was previously a partner at Julius Baer Family Office (2019-2023) and Reliance (2004-2019). Rafael has worked at Banco Fator, UBS Securities, Citibank, LTCB Latin America and FINACORP. He holds a Bachelor’s degree in Business Administration from Fundação Getúlio Vargas (1982).
Anderson Litri
Partner & Systems Superintendent
Anderson has been working with Technology since 2000, with extensive experience in the Financial Market working at Bovespa/BM&FBovespa (now B3) between 2001 and 2010, then taking on the position of Technology Manager at Corretora Magliano between 2010 and 2012. He joined the BR Partners team in 2012 where he is currently responsible for the Systems and Development area of the BR Partners group.
André Silva
Partner & IT Superintendent
Joined the team in 2010 to build the Technology area, set up the BR Partners Group and later set up the Investment Bank and Brokerage House. He graduated in Technology from Anhanguera University with a postgraduate degree in Telecommunications from FEI and an MBA in Strategic IT Management from FGV.
Alan Souza
Partner & Risk Superintendent
Graduated in Applied Mathematics and Scientific Computing from the University of São Paulo (2010), Alan also holds an MBA in Business Administration and Finance from FIA (2014). He has worked in the Market Risk, Liquidity and Operational areas since 2010, joining the team in 2017. Previously, Alan worked at Pan (2014-2017), Itaú (2012-2014) and Votorantim (2010-2012).
Livia Endo
Partner
She joined the team in 2021. Graduated in Law, with a postgraduate degree in Corporate and Capital Markets Law from Fundação Getulio Vargas. Previously, she worked in the Capital Markets and Real Estate/Finance areas of renowned law firms. Livia has extensive experience in the areas of Securitization and Capital Markets, as well as in Structured Financing Transactions.
Gabriel Xavier
Partner
He joined the team in 2016. Previously, he worked at Citibank (2012-2016). He has a degree in Production Engineering from the Federal Institute of Education, Science and Technology of São Paulo (2014) and an MBA in finance from Insper (2018).
Gustavo Rheingantz
Partner
Previously, he was Vice President of Investment Banking at BNP Paribas (2015-2021). During his time at BNP Paribas, he also worked at the bank’s headquarters in Paris for two years in the Telecom (telecom, media and technology) and CRH (consumer, retail and healthcare) teams. Gustavo is graduated in Economics at Insper.
Partner
Evandro Camargo
Mr. Evandro holds a bachelor’s degree in Information Systems (2006) from Uni Radial in São Paulo. He previously worked as a manager at Banco Votorantim (1998-2013) in the backoffice area, responsible for the settlement and custody of securities, and was one of those responsible for implementing the Brazilian SPB system within the financial institution. He started his career at BTG Pactual, a securities brokerage firm (1992), working as a fixed income and derivatives analyst in the backoffice area. He joined the BR Partners team in 2013.
Mauro Battisti
Managing Director
Mr. Mauro has built a career in Latin America and Europe in the energy and infrastructure markets, having successfully completed hundreds of transactions. He has worked for banks such as BNP Paribas, where he served as Global Co-Head of Energy, and BTG Pactual as a partner focused on client coverage in the energy sector. Previously, Mr. Battisti worked at 2 financial institutions in the UK (HSBC and Dresdner Kleinwort), covering the energy sector with a more global reach. Mauro began his career, also participating in the creation of the franchise, in the Project Finance team at Banco Itaú BBA. Mr. Mauro graduated in Economics from the University of São Paulo, and holds an MBA and a Master’s degree in International Relations from The Wharton School.
IR Team
Vinicius Carmona Cardoso
Mr. Vinicius holds a bachelor’s degree in international relations with an emphasis on economics (2011) from FACAMP (Faculdade de Campinas). Previously, he worked as a manager at Banco ABC Brasil S.A. (2016-2020) in Investor Relations, Business Intelligence, and proprietary M&A, and at Cielo S.A. as a Trainee and later Investor Relations analyst (2013-2016).
Raul Rabello
Joined the team in 2022. Previously, he worked in M&A and Business Development at Volaris Group (2021-2022). He graduated in Business Administration from Fundação Getúlio Vargas (2021).
Joana Bortolin Mesquita
Previously, she worked as a DCM analyst at Banco Voiter. She also worked as an intern in Credit Analysis and Controllership at the same institution. She graduated in Business Administration from Insper (2022). She joined the BR Partners team in 2022.