051 Capital

Overview

Based in Rio de Janeiro, 051 Capital operates under the legal name Zero Cinco Um Capital Gestão de Recursos Ltda.¹ Its website also lists offices in Teresina and Porto Alegre.² The firm currently presents its business around investments that include illiquid assets and portfolios assembled through specialist managers.²

Its family office roots form part of that history. Capital Aberto described the business in September 2026 as having begun as a multifamily office and subsequently developed a focus on structured credit and complex investments.⁷

History

The firm dates its founding to 2018.² A fund document held by Brazil’s securities regulator identifies its portfolio management authorization as dated 12 July 2018.¹

The firm’s reference filing records the introduction of wealth management activities and a branch in Rio Grande do Sul in 2022.³ It began distributing its own managed funds in April 2025.³ By September 2026, press coverage described preparations for another special situations fund aimed at professional investors.⁷

Timeline

1. 2018The firm dates its founding to 2018.
2. 2022The firm’s reference filing records the introduction of wealth management activities and a branch in Rio Grande do Sul in 2022.
3. 2025It began distributing its own managed funds in April 2025.
4. 2026Capital Aberto described the business in September 2026 as having begun as a multifamily office and subsequently developed a focus on structured credit and complex investments.

Leadership

The firm’s March 2026 reference filing names Luciano Brochmann as investment management director and administrative director.³ José Carlos Lourenço Alves de Carvalho leads compliance and anti money laundering, and Nivea Larissa Maciel is risk director.³ Victoria Castro Oliveira Rebelo Fioretti is director of distribution and suitability.³

Services

The investment offering includes funds of funds, through which 051 Capital chooses other managers and investment strategies for inclusion in a portfolio.² Its structured credit offering uses specialist credit funds and may also participate in investment opportunities presented by those managers.⁴

The credit mandate covers financing linked to receivables, payroll lending, agriculture, infrastructure and corporate borrowers.⁴ This provides exposure through funds working in different parts of the credit market, rather than through a single lending strategy.⁴

Its special situations offering uses funds of funds to access investments associated with corporate change and financing needs.⁵ The firm describes opportunities involving both debt and equity, with specialist managers responsible for distinct underlying strategies.⁵

Client focus

Families and investors are the audiences identified on the firm’s homepage.² Its filing reports 216 investors as of 31 December 2025, all classified as qualified investors.³ These included individuals, companies, insurers and investment funds.³

Eligibility is also specified at product level. The firm’s page for 051 Special Situations IV states that this fund is exclusively for professional investors.⁶ The firm serves a family investor audience while individual funds carry their own eligibility requirements.²⁶

Investment philosophy and approach

The firm says that researching managers and following investments over time are central to its process.² It describes its alternative strategies as intended to support wealth preservation and capital accumulation over an extended period.²

For structured credit, the firm says it examines manager experience, the investment case and alignment of interests before allocating capital.⁴ Its description also emphasizes spreading exposure among borrowers, sectors and strategies, alongside reviewing collateral and the expertise of underlying managers.⁴

The special situations approach seeks investments whose performance may differ from conventional stock and bond markets.⁵ The firm says that combining specialist managers allows it to diversify by strategy, sector and management style.⁵

Assets and minimums

051 Capital reported approximately R$2.545 billion in assets under management as of 31 December 2025 in its reference filing signed on 25 March 2026.³

FAQs

Related resources

• LocationMultifamily offices in Rio De Janeiro

  This page helps a family or business owner compare multifamily offices operating in Rio de Janeiro and consider whether a local or broader Brazilian provider fits their needs. It can frame questions about geography, access, and the types of alternative investment strategies they may want to discuss with 051 Capital.

• GuideMultifamily office services

  An overview of multifamily office services gives readers a checklist for comparing what an investment manager can offer beyond selecting investments. For someone reviewing 051 Capital's alternative investment approach, it helps separate portfolio management from reporting, family coordination, risk discussions, and other support that may matter to a household or operating business.

• Network siteFamilyOffices.com

  FamilyOffices.com provides background resources and a community perspective for single family offices and wealthy families. A reader considering 051 Capital can use it to clarify family governance, investment decision roles, and the differences between working with a multifamily investment manager and maintaining an in-house office in Brazil.

• GuideQuestions to ask a multifamily office

  These questions help a prospective client structure an initial conversation with 051 Capital around mandate, liquidity, fees, risk limits, and communication. They also give a family or business owner a way to compare answers across managers before deciding whether an alternative investment strategy suits the family's objectives and responsibilities.

• Similar firmsAqua Wealth Management S.A.
  Bevas Family Office
  Blue Star e Asset Management Ltda.

  Profiles of Aqua Wealth Management S.A., Bevas Family Office, and Blue Star e Asset Management Ltda. offer comparison points on this site. Reviewing their descriptions alongside 051 Capital's Brazilian and alternative investment context can help a reader identify differences in client focus, service scope, and the questions to ask next.

Sources

1. CVM hosted fund regulation identifying the investment manager Document dated 9 October 2020. Accessed 23 October 2026.
2. 051 Capital official website Accessed 23 October 2026.
3. 051 Capital Formulário de Referência Signed 25 March 2026. Quantitative information as of 31 December 2025. Accessed 23 October 2026.
4. 051 Capital structured credit Accessed 23 October 2026.
5. 051 Capital special situations Accessed 23 October 2026.
6. 051 Special Situations IV Accessed 23 October 2026.
7. Capital Aberto report on the planned special situations fund Published 10 September 2026. Accessed 23 October 2026.

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.