WHO WE ARE

We have a track record of over 25 years of outperformance and alpha generation in the Brazilian stock market

+25

of track record

22

professionals

+14 years

on average that the partners have worked together

Our Difference

Investment Process

We approach our fundamental analysis with discipline and investigative depth. This method grounds our assertions, helping us separate noise from fundamentals.

Institutional Strength

We have a robust network of investors, access to top talent, and a long-term partnership. We are registered with the SEC (U.S.), CYMA (Cayman Islands), AMF (Québec, CA), OSC (Ontario, CA), and CVM (Brazil).

OUR STORY

Constellation was founded in 1998 when Florian Bartunek was invited to manage equity investments for the former partners of 3G, including Jorge Paulo Lemann. In 2002, Constellation opened the fund to external investors, and Jorge Paulo Lemann remained a partner. In 2007, Constellation sold a minority equity stake to Lone Pine Capital.