The J. Safra Group is acquiring a 30% stake in the Brazilian private equity firm Treecorp , which has R$ 2.5 billion under management and was founded by Bruno Levi D'Ancona, Danilo Soares, and Filipe Lomonaco.
The transaction still needs approval from the Administrative Council for Economic Defense (Cade), which should happen within approximately 30 days, but all binding documents have been signed between the parties. This information was first reported by the column "O Capital " in the newspaper O Globo .
“J. Safra is a very relevant group in the financial market and will help us to have more information and more opportunities to make better decisions or make new investments,” D'Ancona told NeoFeed .
The deal does not involve Outfield, a sports management company in which Treecorp holds a stake through its holding company.
With 15 years in the market, Treecorp has already made 13 investments. Among them are Tânia Bulhões, Ademicon (from which it has already made a partial exit), Cabana Burger and Estapar .
The company recently exited the WeVets veterinary hospital, a transaction in which it obtained a return of three times the invested capital and an IRR (internal rate of return) of over 50%.
"The transaction reinforces the group's strategy of expanding its presence in alternative investments through partnerships with specialized managers with a proven track record," Grupo J. Safra informed NeoFeed in a statement.
At the same time, Treecorp is close to completing the fundraising for its fourth fund. The final closing should take place between the third and fourth quarters of 2026. The fund is expected to reach R$ 1 billion.
This fourth fund has already made two investments. The investments were made in the financial infrastructure startup Vortx and in the Espírito Santo-based company specializing in gemstones, Decolores. The goal is to make six more investments in this vehicle.
