Bela Vista Investimentos is an independent private equity firm focused on the middle market in Brazil.
Bela Vista Investimentos was established in 2018 by the former Latin America team of Graycliff Partners. The firm invests alongside proven entrepreneurs and management teams, providing capital for growth, acquisitions or management buyouts.
Through our value added approach and collaborative culture, Bela Vista Investimentos seeks to create value and build successful portfolio companies in order to achieve superior returns for our investors.
Bela Vista Investimentos invests in established mid-size companies with high growth potential.
The investment team of Bela Vista has a long history of partnering with entrepreneurs and strong management teams in middle market companies with sustainable competitive advantages.
The Bela Vista team has a deep understanding of the Brazilian middle market.
Based on our long-term historical investment experience and on-the-ground presence, we understand the unique challenges and opportunities in the Brazilian middle market. We have the skills and know-how to invest in family-owned business and support its founders in a transition process and institutionalization of the company for a successful exit process.
We aim to be the preferred partner of successful entrepreneurs and founders of mid-sized companies.
We are committed to adding value to our portfolio through our active involvement, industry expertise and network of resources.
Achieve superior returns for our investors by creating value
and building successful portfolio companies
Act in the best interest of our LPs
Sponsor a collaborative culture and value-add approach
Invest conservatively in cyclical markets
Endure to achieve our goals
Stand for absolute ethical standards
Commit to total transparency and high quality of information
In 2018, the former Latin America team of Graycliff Partners
spun out to form Bela Vista Investimentos.
The senior team of Bela Vista has worked together for almost a decade, first as part of HSBC Capital in its Latin America private equity program, and then as part of Graycliff Partners, which was established by the former management team of HSBC Capital in the United States and Latin America in 2011.
Since 2008, the senior team of Bela Vista Investimentos, as part of its predecessors firms, has managed 11 investments in Latin America. Bela Vista Investimentos continues to act as subadvisor to Graycliff for existing investments in Latin America.
The Bela Vista name is inspired by one of the most traditional districts of the city of São Paulo, which includes Avenida Paulista, where senior partners of the firm have a historical background. We would translate the Portuguese phrase “Bela Vista” to English as “Great View” which alludes to a positive investment horizon.
Bela Vista Investimentos seeks to invest equity
in solid middle market companies alongside
strong entrepreneurial management teams.
US$5-20 million investment
Revenues of at least BRL 30 million (c. US$10 million)
Positive EBITDA margin
Equity financing for growth capital, buy-and-build and recapitalizations
Management led buyouts or carve-outs
Flexible Capital: Control or active/influential minority
Cristiano is a founding Partner of Bela Vista Investimentos. He previously served as a Managing Director of Graycliff Partners, Bela Vista’s predecessor firm, in its Latin America Group. Cristiano joined Graycliff in 2011, when it was created by the former management team of HSBC Capital, of which he was a member since 2008. At HSBC Capital, Cristiano led the private equity investment activities in Latin America. Prior to joining HSBC Capital, Cristiano worked at AEA Investors in its global middle market buyout fund, and for Aetos Capital in its private equity business. Prior to that, Cristiano worked at Warburg Pincus in its Latin America Group, and also worked in the investment banking division at JPMorgan. He received his Bachelor’s Degree in Engineering from Escola Politécnica at the University of São Paulo and his MBA from the University of Chicago Booth School of Business.
Guilherme is a founding Partner of Bela Vista Investimentos. Previously, he served as a Managing Director of Graycliff Partners, Bela Vista’s predecessor firm, where he worked in its Latin America Group since its formation in 2011. Guilherme joined HSBC Capital in its Latin America private equity program in 2010. Before joining HSBC Capital, Guilherme was an Investment Associate at AIG Capital based in São Paulo where he worked on direct private equity investments for its Latin America fund. Previously, he worked with Banco Privado Portugues, a middle market Portuguese investment bank, based in São Paulo. He started his career in 2001 at Patria Investimentos, a buyout private equity firm in Brazil where he worked for over 5 years. He holds a Bachelor’s Degree in Business Administration from Fundação Getulio Vargas in São Paulo, Brazil.
Guilherme is a Partner at Bela Vista Investimentos. He joined Bela Vista Investimentos’ predecessor firm, Graycliff Partners, in 2016. Prior to joining Graycliff Partners, Guilherme was an investment banking associate at Moelis & Company in Brazil. Guilherme began his career as a lawyer for Pinheiro Neto Advogados practicing M&A and tax law. He received his Bachelors in Law and post graduate degree from Universidade de São Paulo and has an MBA from the Tuck School of Business at Dartmouth.
São Paulo, Brazil
+55 (11) 3192-2102
Heitor is an Operating Director at Bela Vista Investimentos. He joined Bela Vista Investimentos’ predecessor firm, Graycliff Partners, in 2016. Prior to joining Graycliff Partners, Heitor worked as a COO for Tekbond, a portfolio company. Previously, Heitor served as a Brazilian country manager for Gruppo Campari, an Italian beverage multinational, and was the Paraguay country manager for Tigre, a Brazilian multinational manufacturer of PVC pipes and fittings. Heitor also held senior positions at Uniliver and Blockbuster, and started his career in 1988 at Johnson & Johnson. He holds a Bachelor’s Degree in Business Administration from Fundação Getulio Vargas in São Paulo, Brazil.
Matheus is an Analyst at Bela Vista Investimentos. He joined Bela Vista Investimentos’ predecessor firm, Graycliff Partners, in 2017. Prior to joining Graycliff, Matheus worked at the asset management firm Atena Capital. Matheus holds a Bachelor’s Degree in Engineering from Escola Politécnica at the University of São Paulo.