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Península, Brazil's billionaire Abílio Diniz's family office now allows general public investment

Península holding company launched its new investment manager O3 Capital

Photo: Screenshot/O3 Capital / LinkedIn
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  • Peninsula currently manages BRL 12 billion in own resources;
  • Diniz said that in the recent years he had been evaluating the opening of the FO to public investment.

The investment holding company Península Participações, owned by Brazilian billionaire businessman Abílio Diniz, launched this week a new fund manager, O3 Capital.

The company started offering a multimarket fund this week in which Península invested BRL 1.5 billion with a commitment to remain in the fund for at least three years, according to the Península vice-chairman, Eduardo Rossi.

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Península, created as Diniz’s family office and which currently manages BRL 12 billion in own resources, has stakes in companies such as BRF and Carrefour Brasil. The company also has a portfolio of investments in over-the-counter companies that includes stakes in the Benjamin bakery chain and the wine e-commerce Wine and is expected to launch a private equity fund by July.

“The investment manager now opens the possibility of investing to the general public from BRL 1,000. O3 Capital is a local manager with global theses. It operates in the net interest, currency, credit, commodities, and equities markets, without geographic restrictions, and with the belief that the return happens in the long run, ”said Diniz, on a LinkedIn post.

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In a videoconference interview, Diniz said that he had been evaluating the opening of the FO investment to the public for some years. For seven years, Peninsula has exclusively managed the resources of Diniz family.

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