PRISMA CAPITAL LTDA.

Thesis

Prisma Capital is an independent alternative investment manager based in São Paulo, Brazil, founded in 2017. The firm operates as a partnership, emphasizing an alignment of interests among its management team. Prisma Capital positions itself as a fundamental and opportunistic investor, providing customized, long-term capital solutions across various sectors and asset classes. The firm's strategy involves a flexible mandate to invest across different positions in the capital stack, aiming to optimize risk-adjusted returns. This flexibility allows them to pursue "complex situations" in Brazil's market, which can be influenced by political, legal, and tax system dysfunctions, as well as macroeconomic volatility. Their investment strategy is characterized by its opportunistic and flexible approach. They are open to investing across a range of sectors, including infrastructure, energy, real estate, telecommunications, oil, gas, and technology. The firm also invests in legal claims and litigation finance. Prisma Capital focuses on structuring bespoke transactions, suggesting a preference for direct and co-investment-style private equity rather than standardized fund products. While specific stage preferences are not explicitly detailed, their focus on "complex situations" and providing "long-term capital solutions" implies an interest in opportunities that may require significant capital and a hands-on approach, potentially spanning growth to distressed scenarios. The firm's geographic scope is primarily Brazil. Prisma Capital has reported varying figures for its assets under management. In March 2022, the firm had $2.3 billion in AUM, with approximately 70% from institutional offshore investors and 30% from Brazilian family offices. More recently, in 2023, the firm stated it had $3 billion in assets under management. The firm raised $650 million for its third fund, which was actively seeking investments in complex situations in Brazil as of March 2022. Specific details r

Related lists

• Series C+ Climate investors
• Series C+ Developer Tools investors