Turim 21 Investimentos Ltda
- Regulatory AUM
- $7.2B
- Discretionary
- $7.2B
- Clients
- 539
- Avg AUM / client
- $13.4M
- Accounts
- 544
- Employees
- 124
AUM over time
Annual snapshots from Form ADV filings · as of Jul 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | Fewer than 5 clients | $8.7M | 0.12% |
| High net worth individuals | 445 | $4.8B | 66.2% |
| Pooled investment vehicles (non-investment companies) | 69 | $1.7B | 23.8% |
| Pension and profit sharing plans | Fewer than 5 clients | $26.9M | 0.37% |
| Charitable organizations | 8 | $49.3M | 0.68% |
| Insurance companies | Fewer than 5 clients | $6.7M | 0.09% |
| Corporations and other businesses | 17 | $638M | 8.81% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $84.4M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Tfo Synapse Venture Fund I, Lp | Venture Capital Fund | Delaware | $34.3M | 51 |
| Synapse Ventures Ii, Lp | Venture Capital Fund | Delaware | $28.6M | 54 |
| Synapse Ventures Iii, Lp | Venture Capital Fund | Delaware | $13.7M | 81 |
| Tfo Purpose Fund, Lp | Venture Capital Fund | Delaware | $7.9M | 32 |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Marini, Gustavo, Braga | Director | Mar 2001 (25y) | 25% – 50% | |
| Almeida, Eduardo Gomes | Co Ceo | Jan 2004 (23y) | 10% – 25% | |
| Moraes, Leonardo, Martins | Co Ceo | Mar 2008 (18y) | 5% – 10% | |
| Xavier, Patricia, Guedes | Director | Mar 2008 (18y) | Less than 5% | |
| Carvalho, Ana Carolina, Oliveira Pinhero De | Coo/Cco | Mar 2010 (16y) | 5% – 10% | |
| Mascarenhas, Bernardo, Antonio Voigt | Director | Jan 2011 (16y) | Less than 5% | |
| Carmo, Luisa, Saboia Correa Do | Chief Legal Officer | Sep 2015 (11y) | Less than 5% | |
| Verboonen, Fernando | Cio | Apr 2019 (7y) | 5% – 10% |
Undisclosed: 0% – 50% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $84.4M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Tfo Synapse Venture Fund I, Lp | Venture Capital Fund | $34.3M | $100K | 51 |
| Synapse Ventures Ii, Lp | Venture Capital Fund | $28.6M | $100K | 54 |
| Synapse Ventures Iii, Lp | Venture Capital Fund | $13.7M | $1.0M | 81 |
| Tfo Purpose Fund, Lp | Venture Capital Fund | $7.9M | $0 | 32 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/01/2026 | 2.3 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- Credit Suisse Ag, Nassau Branch $845M (21% of AUM) Jun 2020
- Santander $698M (10% of AUM) Apr 2026
- J.P. Morgan $537M (10% of AUM) Aug 2025
- UBS $474M (9% of AUM) Sep 2023
- Banco Bradesco S/A $437M (11% of AUM) Mar 2019
- Morgan Stanley $429M (8% of AUM) Sep 2023
- Itau Unibanco $400M (8% of AUM) Aug 2025
- Banco Santander (Brasil) S.A. $365M (9% of AUM) Jun 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 27, 2026.
View current Form ADV (SEC/IAPD) ↗