Lucca Menezes

At Bogari Capital, I execute equity trades for Brazilian equities funds, track portfolio adjustments, and manage fund liquidity and FX. I also execute public fixed-income and private credit trades and monitor compliance with fund rules and mandate limits.

At Gávea Investimentos, I built a model to project MSCI Brazil index rebalancing that correctly anticipated our largest position would be retained, against market consensus. I also studied dividends and buybacks in Brazil, finding consistent outperformance for dividends and no clear long-term value creation from buybacks.

I presented the CIO with a valuation study on Samsung and SK Hynix, arguing that HBM's production complexity and integration with AI chips could strengthen the competitive position of leading manufacturers. The fund built a position in the theme in early 2026, which returned approximately 50%. I also helped the Portfolio Manager structure options strategies and executed trades across FX, rates, and futures during my transition to the Macro desk.

Earlier, as a Private Credit Portfolio Intern at BOCOM BBM Asset Management, I built a database on Brazil's pension fund industry to support the high-yield private credit team. In my free time, I built a market-tracking platform with automated 13F tracking, global macro metrics, an asset screener, and portfolio performance tracking against benchmarks.