# Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda.

> Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda. is an SEC-registered investment advisory firm in Sao Paulo, Brazil, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 332351
- Filed as: NAVI INTL-ADMINISTRADORA E GESTORA DE RECURSOS FINANCEIROS LTDA.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Sao Paulo, Brazil
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/332351
- AdvisorCensus page: https://advisorcensus.com/firm/navi-intl-administradora-e-gestora-de-recursos-financeiros-ltda-sao-paulo-332351

## Quick answers

**How is Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda. compensated?**
On its Form ADV (Item 5.E, October 2026), Navi Intl-Administradora E Gestora de Recursos Financeiros 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 Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda. located?**
Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda.'s principal office is in Sao Paulo, Brazil, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda. registered with the SEC or a state?**
Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda. is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 332351.

**How much does Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda. manage?**
Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda. reports $809,965,602 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda.'s assets and staff changed since 2024?**
In the Form ADV data for Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda.: Regulatory assets under management: $587,000,000 in the October 2024 data and $809,965,602 in the October 2026 data, up 38%. Total employees: 6 in October 2024 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda. use?**
Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citibank N.A. as a custodian holding 10% or more of its separately managed account assets.

**Does Navi Intl-Administradora E Gestora de Recursos Financeiros 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/332351

**What changed in Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 6. Regulatory assets under management went from $555,986,248 to $809,965,602 (+46%).

## 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))
- Citibank N.A.

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: $809,965,602
- Discretionary: $809,965,602
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $47,167,456 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $762,798,146 |

### 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: 2024 (2 years)
- Employees: 7 total, 6 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Rio de Janeiro

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $587,000,000 | 6 | August 7, 2024 |
| October 2025 | $555,986,248 | 6 | March 31, 2025 |
| October 2026 | $809,965,602 | 7 | March 30, 2026 |

Regulatory assets under management: $587,000,000 in the October 2024 data and $809,965,602 in the October 2026 data, up 38%.
Total employees: 6 in October 2024 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 6.
- Regulatory assets under management went from $555,986,248 to $809,965,602 (+46%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Navi Intl-Administradora E Gestora de Recursos Financeiros Ltda. (CRD 332351): Form ADV filing data as of October 2026.