Private Equity Investment Funds

In addition to the credit facilities, Desenvolve SP supports the growth of companies in São Paulo by investing in Private Equity Investment Funds.

The purpose of these Funds is to invest in high-impact entrepreneurship, in innovative companies, with a structure based on the best management and governance practices.

Our participation in the funds is always conditional.  The amount invested must be returned to companies located in the state of São Paulo, primarily focusing on small and medium enterprises.

The management of these Funds is the responsibility of asset management institutions accredited by the Brazilian Securities Commission (CVM).

We currently invest in five funds:

Fundo Inovação Paulista (FIP)

Created by Desenvolve SP, this fund has the purpose of investing in small and medium technology-based enterprises and startups, expanding the actions of the state of São Paulo in fostering innovation.

Equity

R$105 million

Sectors

Innovative companies in the sectors of information and communication technology, agricultural technologies, new materials/nanotechnology and health technologies located in the state of São Paulo.

Investment Period

From December 2013 to December 2017

Portfolio Management

SP Ventures Gestora de Recursos S.A.

Fundo Aeroespacial

This fund has the purpose of investing in companies in the aerospace, defense, security and systems integration sectors.

Equity

R$131.3 million

Sectors

Companies in the aerospace, space, defense, security and systems integration sectors.

Investment Period

From September 2014 to September 2018

Portfolio Management

Portbank Capital Gestora de Recursos S/A.

Fundo Performa SC-I

This fund invests in companies of clean technologies, biotechnology, medical applications, nanotechnology and information technology sectors. It includes seed capital and Series A investments of up to R$5 million, in addition to making co-investments with other Funds that share the same investment culture.

Equity

R$26 million

Sectors

Companies whose main activities are related to biotechnology, nanotechnology, medical applications, clean technologies and specialized services in information technology.

Portfolio Management

Performa Investimentos Ltda.

Fundo CRP Empreendedor

This fund has the purpose of investing in innovative small and medium enterprises in sectors that act as innovation drivers, such as oil and gas, capital goods, renewable energy, nanotechnology, pharmaceutical, biotechnology and new materials sectors.

Equity

R$100.7 million

Sectors

Multi-sector fund focused on companies operating in sectors that act as innovation drivers, such as, but not limited to, oil and gas, capital goods, renewable energy, nanotechnology, pharmaceutical, biotechnology and new materials sectors.

Portfolio Management

CRP Companhia de Participações

Fundo BBI Financial I

This fund has the purpose of investing in biopharmaceutical, pharmaceutical, medical device, diagnoses, health, wellness services, agricultural biotechnology, industrial biotechnology, biofuels, biochemicals and life sciences companies.

Equity

R$176.4 million

Sectors

Companies that operate in the segment of life sciences, especially in the areas of human health and veterinary, medical devices, biotechnology and pharmaceutical.

Portfolio Management

BBI Financial Gestão de Recursos S.A.