Teams

EXECUTIVE COMMITTEE

Alexandre Soriano

Head of Macroeconomic Research.
Joined Bahia Asset Management in 2018 as a Strategist. Took current position in May 2020.
Previously, worked as a Macroeconomist and Strategist at Kondor Investimentos, International Equity Fund Manager at Axio Ciano, and a Macroeconomist at Fidúcia Asset Management.
PhD in Economics (UCLA) | Master’s in Economics (PUC-Rio) | Bachelor’s degree in Engineering (UNICAMP).

César Aragão

Head of IR, Products and Allocation.
Joined Bahia Group in 1998 in Risk team. Appointed Risk Manager responsible for market and liquidity risks, compliance and funds-of-funds in 2002. Took current position in 2011.
Was teacher of Economics and Finances Masters in FGV and Vice-President of BM&F’s Risk Chamber.
Master’s in Economics (FGV) | Bachelor’s degree in Eletric Engineering (UNIFEI).

Diego Carvalho

Head of Equity Investment funds.
Joined Bahia Group as an International Macroeconomic Analyst in 2010 and became a Trader in 2012. Took current position in June 2023.
Former Intern at EDF (Électricité de France) in Paris.
Master’s degree: Economics and Finance (FGV) | Bachelor’s degree in Mechanical Engineering and Production (PUC-Rio).

Diogo Mariani

Head of Back Office.
Joined Bahia Group in 2014 as Director of New Business at Aleutas, becoming Head of Back Office at Bahia Asset in the following year.
Former owner and COO at fashion company Reserva, and Trainee at Brasil Telecom.
Master’s in Administration (PUC-Rio) | Graduate studies in Business Administration (Harvard Business School) | Bachelor’s degree in Economics (PUC-Rio).

Thiago Mendez

Head of Multimarket and Fixed Income funds.
Joined Bahia Group in 2006 as an Intern, becoming Analyst in the following year. In 2009, became Trader, working on International Interest Rate and Currency desks. At the end of 2010, he transitioned to the Domestic Interest Rate Desk, which absorbed the International Interest Rates Desk in January 2013.
Assumed the Fixed Income Management in 2020 and, in 2023, the full management of Multimarket funds.
Bachelor’s degree in Economics (PUC-Rio).

PARTNERS

Adriano Faria

Analyst of Internacional Macroeconomic.
Joined Bahia Group in 2018 as an Analyst of Internacional Macroeconomic.
Previously worked as a Pricing Analyst at AMBIMA/GEPRI.
PhD in Economics (EPGEFGV-RJ) | Master’s in Economics (EPGE/FGV-RJ) | Bachelor’s degree in Economics (UFMG).

André Pereira, CFA

Responsible for Equity Analysis.
Joined Bahia Asset in 2014 as an Allocation Analyst. Appointed Equity Analyst in 2015. In June 2023 took current position.
Worked at Salzburg Research (Austria) as an Intern and participated in a Summer Job Program at Bahia Group.
Bachelor’s degree in Electronic Engineering (ITA, Magna cum Laude).

Bernardo Doherty, CFA

Macro Equity Manager.
Joined Bahia Asset in 2023 in his current role.
Previously, he was partner and Equity Analyst at Studio Investimentos, and worked as Control, Pricing and Rink intern at BBM.
Bachelor’s degree in Production Engineering (UFRJ).

Bernardo Saraiva

Equity and Commodities Manager.
Joined Bahia Asset in 2021, as Volatility, International Interest Rate and Credit Strategies Manager. In June 2023, took current position.
Previously, worked at Mauá Capital as Portfolio Manager. At SPX Capital, worked as Trader of volatility and FX, where he was also an intern. At Itaú Asset Management, was Analyst of Business Strategy and participated in its Trainee program.
MBA: Finance (COPPEAD) | Bachelor’s degree in Production Engineering (UFRJ).

Daniel Mussi

Currencies Manager.
Joined Bahia Group in 2004 as an Intern, becoming an International Back Office Analyst and, since 2007, a Trader. Appointed Currency Analyst in 2010 and took current position in 2012.
Master’s in Finance and Business Economics (FGV) | Bachelor’s degree in Production Engineering (UFRJ).

Daniel Saraiva

Data and Commodities Analyst.
Joined Bahia Group as an IT Intern in 2016. In 2018, appointed Macroeconomic Research – Data. Also appointed as a Commodities Analyst in 2022.
Master’s in Computer Science (PUC-Rio) | Math Additional Domain (PUC-Rio) | Bachelor’s degree in Computer Engineering (PUC-Rio).

Diego Santiago

Analyst of Internacional Macroeconomic.
Joined Bahia Group in 2020 as a Macroeconomic Analyst Brazil. Took current position in 2022.
Formely Partner Proprietor of Originals Biotech.
Master’s in Economics (FGV-RJ/Princeton) | Bachelor’s degree Economics Science (UnB).

Erik Delaney

Equity Analyst.
Joined Bahia Asset in 2019 in Funds Control area. Appointed Equity Analyst in 2021.
For one year, he also worked as a stock trader.
Bachelor’s degree in Civil Engineering (Puc-Rio).

Felipe Silveira, CFA

Brasil Interest Rate Manager.
Joined Bahia Group in 2018 as a Portfolio Manager of Currencies. Took currente position in 2021.
Formerly a Portfolio Manager at Ventor Investimentos and a Macroeconomist at BBM Bank.
Master’s in Economics (FGV) | Bachelor’s degree in Economic Sciences (FGV).

Felipe Simas

International Interest Rate Strategies Manager.
Joined Bahia Asset Management in 2018 as Internacional Macroeconomic Intern. In 2019 was appointed Currency Trainee. Took current position in 2020.
Master’s in Finance and Business Economics (FGV) | Bachelor’s degree Production Engineering (PUC-Rio).

Fernando Daitx

Macroeconomic Analyst Brazil.
Joined Bahia Asset Management in 2015 as an International Macroeconomic Analyst responsible for eurozone and some emerging markets. Took current position in 2016.
Master’s in Economics (FGV) | Bachelor’s degree in Economics (FGV).

Gustavo Frota

Equity Manager.
Joined Bahia Group in 2009 as an Intern, becoming a Management Control Analyst in 2010. Appointed Coordinator of Management Control & Prices in 2011. In 2013, become an Equity Research Analyst and in 2022 become responsible for the area. In 2023, took current position.
Master’s in Finance and Business Economics (FGV) | Bachelor’s degree in Production Engineering (PUC-Rio).

Henrique Kiepper, CFA

Macro Fund Strategist and Asset Allocation Fund Operator.
Joined Bahia Asset in 2017 as Risk and Prices Intern, became a Risk Analyst in 2018. In 2019, became a Fixed Income Trader, and assumed current roles in 2023.
Bachelor’s degree in Mechanical Engineering (UFRJ).

Luisa Grobério

Foreign Exchange Strategies Manager.
Joined Bahia Group as an Intern in 2016, becoming an Analyst of Macroeconomic in the same year. Took current position in 2019.
Master’s in Macroeconomic and Finance (PUC-Rio) | Bachelor’s degree in Business Administration (IBMEC).

Luiz Maciel

Chief Economist of Macro Brazil.
Joined Bahia Asset Management in 2013 on International Macroeconomic Research team. In 2016, started de coverage of Macroeconomic Brazil and in 2019 became responsible for Macroeconomic Research Brazil. Took current position in May 2020.
Worked at FGV’s Brazilian Economics Institute as an Analyst and Coordinator.
PhD in Economics (FGV) | Master’s in Economics (FGV) | Degrees in Mathematics (UnB) and Economics (UniCEUB).

Moysés Ferreira

International Interest Rate and Credit Manager.
Joined Bahia Asset in 2014 as an International Macroeconomic Intern, becoming, in the same year, Macroeconomic Analyst. In 2016, migrated to Fixed Income area. Became Manager of International Interest Rate Strategy in 2018. Took current position in 2021, with the merger of International Interest Rate Strategy and Credit trading desks.
Bachelor’s degree in Production Engineering (UFRJ).

Rafaela Palma

Responsible for Distribution and International Investor Relations, and for Products.
Joined Bahia Group as FoF Management Analyst in 2005, becoming Coordinator in 2006. Later moved to Product area and became responsible for commercial area of Distribution in 2010.
Worked at Telemar as Intern and Financial Analyst.
Master’s in Finance and Business Economics (FGV) | Graduate studies in Finance and capital markets (FGV) | Bachelor’s degree in Production Engineering (UFRJ).

Renan Brito

Currencies Strategies Manager.
Joined Bahia Group in 2010 as a Currency Trader. Took current position at Bahia Asset in 2014.
Previously worked as a Risk Analyst at Axio Investimentos and as an Intern at Banco CR2, Quantum, and Ciano Investimentos.
Master’s in Finance and Business Economics (FGV) | Bachelor’s degree in Economics (UFRJ).

Renan Maldonado

IT and Funds Control Coordinator.
Joined Bahia Group as an Intern in 2006, becoming a System Coordinator in 2013. In 2015, took place as IT Coordinator, unifying the entire department. In 2022, he also became Funds Control Coordinator.
MBA: IT Strategy Management (FGV) | Bachelor’s degree in Computer Engineering (UERJ).

Ricardo Guerra

Currency Strategies Manager.
Joined Bahia Asset in 2018 as a Macro Intern and became a Macro Analyst in 2020. Took on current responsibilities in 2022.
Bachelor’s degree in Economics (PUC-Rio).

Rodrigo Botelho

Responsible for Risk, Control, IT, Finance, and Administrative.
Joined Bahia Group in 2005 as Intern and became Systems Analyst in 2007, migrating later to Quantitative Research. Appointed IT Head in 2011. Responsibility for Financial and Administrative Departments added in 2013, and Manager of Risk and Prices in 2015. In 2021, he also became Funds Control Manager.
Master’s in Finance and economics (FGV) | Graduate studies in Project Management (FGV) | Bachelor’s degree in Electronic Engineering (UERJ).

Vinícius Sousa

Risk and Prices Coordinator.
Joined BBM in 2009 as a Risk Analyst. Later moved to Macroenonomic Research and then to Risk and Prices. Becoming Market Risk, Credit Risk and Liquidity Risk Coordinator.
In 2015, took the current responsibilities at Bahia Asset.
Previously was Intern at BNDES and was part of BBM’s Summer Job Program.
Bachelor’s degree in Economics (FGV).

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