# Capsigma Investment Partners Ltda

> Capsigma Investment Partners Ltda is an SEC-registered investment advisory firm in Sao Paulo, Sp, Brazil, registered since 2025, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 336478
- Filed as: CAPSIGMA INVESTMENT PARTNERS LTDA
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Sao Paulo, Sp, Brazil
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/336478
- AdvisorCensus page: https://advisorcensus.com/firm/capsigma-investment-partners-ltda-sao-paulo-sp-336478

## Quick answers

**How is Capsigma Investment Partners Ltda compensated?**
On its Form ADV (Item 5.E, October 2026), Capsigma Investment Partners Ltda reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Capsigma Investment Partners Ltda located?**
Capsigma Investment Partners Ltda's principal office is in Sao Paulo, Sp, Brazil, according to its Form ADV.

**Is Capsigma Investment Partners Ltda registered with the SEC or a state?**
Capsigma Investment Partners Ltda is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 336478.

**How much does Capsigma Investment Partners Ltda manage?**
Capsigma Investment Partners Ltda reports $61,609,497 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Capsigma Investment Partners Ltda's assets and staff changed since 2025?**
In the Form ADV data for Capsigma Investment Partners Ltda: Regulatory assets under management: $19,335,514 in the October 2025 data and $61,609,497 in the October 2026 data, up 219%. Total employees: 7 in October 2025 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capsigma Investment Partners Ltda serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Which custodians does Capsigma Investment Partners Ltda use?**
Capsigma Investment Partners Ltda's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon as a custodian holding 10% or more of its separately managed account assets.

**Does Capsigma Investment Partners Ltda report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/336478

**What changed in Capsigma Investment Partners Ltda's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $48,437,209 to $61,609,497 (+27%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- BNY Mellon

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $61,609,497
- Discretionary: $61,609,497
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $24,930,416 |
| Other | Fewer than 5 | $36,679,081 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2025 (1 year)
- Employees: 6 total, 5 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [capsigma.com.br](https://capsigma.com.br)
- LinkedIn @capsigma

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $19,335,514 | 7 | May 21, 2025 |
| October 2026 | $61,609,497 | 6 | March 30, 2026 |

Regulatory assets under management: $19,335,514 in the October 2025 data and $61,609,497 in the October 2026 data, up 219%.
Total employees: 7 in October 2025 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $48,437,209 to $61,609,497 (+27%).
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Regulatory assets under management went from $19,335,514 to $48,437,209 (+151%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capsigma Investment Partners Ltda (CRD 336478): Form ADV filing data as of October 2026.