About Us

Founded in 2001, associated with the Azimut Group since 2015, and with XP Inc. since 2021, AZ Quest is one of Brazil’s largest and most traditional independent fund managers. The company offers a diverse platform of high-quality products across various strategies, including Macro, Fixed Income, Equities, Corporate Debt, Arbitrage, Systematic, Agribusiness, Infrastructure, Real Estate, International, and pension versions of these strategies.

With over R$ 25 billion in assets under management, AZ Quest serves clients with diverse return objectives and risk profiles, including individuals, legal entities, professional allocators, family offices, institutional investors, and international clients.

In 2020, AZ Quest received the highest rating for Management Quality (MQ1 - Excellent) from Moody’s. This recognition was based on its disciplined investment management process, experienced professionals, robust infrastructure, and strong controls.

Azimut Group

Azimut group has been operating since 1989 and is the largest independent investment manager in Italy. It is a publicly traded company with shares listed on the Milan Stock Exchange. The group’s business model combines management technologies with investment fund distribution. Azimut operates in 18 countries across all six continents, boasting a team of over 200 investment professionals and a commercial force of more than 2,200 financial consultants worldwide.

 

Timeline

Builiding our history since 2001:

2001
Foundation of Quest Investimentos by Luiz Carlos Mendonça de Barros.

Launch of first Macro strategy fund.
2005
Launch of Quest Ações. First Equities strategy fund.
2007
Link Partners S.A. sells its stake in the company. Launch of Quest Equity Hedge, the 1st Long Short fund.
2009
Launch of Value strategy - Quest Small Caps.
2011
Strategy partnership with BTG Pactual has been formalized.
2015
Azimut Brasil acquired 60% of Quest Investimentos. Creation of the Avisory Board, chaired by Luiz Carlos Mendonça de Barros.
2016
Incorporation of AZ Legan funds. Awarded Equities Top Asset by Valor Investe.
2020
MQ1 Rating by Moody's in "Excellent" management quality.
2021
Acquisition of MZK Investimentos, reinforcing the AZ Quest Macro area. XP Inc. and XP Private Equity fund acquire a stake in AZ Quest.
2022
The co-management agreement between AZ Quest and Bayes Capital is signed, introducing a new investment strategy - Systematic Funds. Launch of AZ Quest's first Alternative Invesment strategy - in December, we concluded the IPO of our first Agro Fund on B3, the AAZQ11.
2023
Launch of the first Infrastructure Fund in March, the AZQI11. Acquisition of 50% of Panorama Capital - inclusion of the Real Estate strategy. In October, we launched our first RE Fund, the AZPR11.
2024
In January, we concluded the IPO of AZIN11, AZ Quest's first infrastructure fund traded on B3
 

Investment Process

Our investment process combines in-depth fundamental analysis with macroeconomic analysis. This approach enables us to make informed and strategic decisions to optimize investment returns.

Processo de Investimento
It produces scenarios and identifies global and local trends based on macroeconomic and political fundamentals
Contributes to sector analysis and evaluation of company value
Contributes to assessing the credit conditions of the economy and firms
Important in the analysis of technical factors which are considered during the construction of positions
Selects liquid assets systematically, encoding fundamental, technical, risk, macroeconomic criteria, etc
Leveraging the structure provided by Azimut Group's global presence and senior team, the department identifies major macro trends worldwide and utilizes micro insights from each market or region through a broad range of funds
 

Team

Comprised of professionals with extensive market experience, AZ Quest values human capital as an intangible asset and aims to attract and retain talent through a culture that promotes meritocracy and teamwork. Most investment professionals are associated with the company, following a policy of aligning incentives among managers, shareholders, and investors, committed to the highest standards of ethics and governance.

   Walter Maciel | CEO
 
Marco Mecchi
Head Portfolio Manager
Gustavo Menezes
Portfolio Manager
Eduardo Aun
Portfolio Manager
Flávio Ogochi
Portfolio Manager
Alexandre Manoel
Chief-economist
André Muller
Strategist
Juliano Condi
Economist
Lucas Barbosa
Economist
Gabriel Mello
Analyst
Caio Ferreira
Jr. Analyst
 
 
Welliam Wang
Head Portfolio Manager
João Mamede
Portfolio Manager
Fernanda Cunha
Sr. Analyst
João Victor Parente
Analyst
Matheus Patreze
Trader
Victor Reial
Analyst
Murilo Marchioni
Jr. Analyst
Tomás Barros
Jr. Analyst
 
 
Laurence Mello
Head Portfolio Manager
Rafael Basso
Sr. Trader
Marcelo Lorande, CFA
Sr. Trader
Daniel Borini
Sr. Analyst
Tiago Rangel
Sr. Analyst
Guilherme Costa
Sr. Analyst
Heitor Morais, CFA
Sr. Analyst
 
 
Idalicio Silva
Head Portfolio Manager
Gabriel Perez
Investment Analyst
Maria Tereza Vendramini
Origination
Matheus Bantel, CFA
Investment Analyst
 
 
Jean Marcondes
Head Portfolio Manager
Fábio Veiga
Head Portfolio Manager
Gustavo Zupo
Trader
 
 
Marcello Paixão
Head Portfolio Manager
Helder Palaro
Head Portfolio Manager
Denis Lee
Risk Manager
Lucas Santiago
Data Science
Luca Farah
Data Science
 
 
Gustavo Cardoso
COO
Lina Buares
Financial/Administrative Director
Erick Takarabe, FRM, CFA
Head of Risk
Nilo de Oliveira
Head of Compliance
Hebert Almeida
Head of Back Office
Paloma Larrussa
Head of Middle Office
 
 
Vinicius Langoni
Co-Head of Investor Relations
Ronaldo Zanin
Co-Head of Investor Relations
Giancarlo Gentiluomo
Co Head of Investor Relations focused on Alternatives
Pedro Fortunato
Sr. Analyst
Daniel Feres
Sr. Analyst
Pedro Perez
Analyst
Thiago Meira
Analyst
Guilherme Nogueira
Analyst
 
 
André Sawaya
Founding Partner
Marcos Freitas
Founding Partner
Roberto Araujo
Founding Partner
Luiz Henrique Peres
Responsible for Credit
Bruno Condesso
Controller
Diego Moraes
Civil Engineer
 
 
Samuel Santos
Head Portfolio Manager
Luiz Guilherme Hoelz
Analyst
Camile Fischer
Analyst
Laurence Mello
Co - PM
Luiz Spinelli
Analyst
 

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