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Impact investing

The asset manager who placed Brazil in the EV supply chain and set new mining sustainability standards worldwide

About A10

A10 Invest

Asset management branch of the A10 Group, with presence in Brazil, the US, and the Middle East. With focus on private equity in the mining segment, we are the global leader in asset management in the energetic transition sector, comprising upstream and midstream investments in the supply chain of electric vehicles, with assets under management (AUM) of circa US$ 1.0 billion (as of September, 2024) – majority part from the appreciation of our equity fund.

 

Through our investments, Brazil became the first country in the world to have a large-scale net zero carbon mining operation.

 

We have a unique track record in the market: we align social-environmental concern with high investment returns. In one of our investees:

 

  • in the last 5 years, we multiplied the invested capital over 10 times

  • many social initiatives for the local communities were implemented, resulting in the exponential increase of employment and revenue in such communities

  • the company is considered in case studies in events such as the Conference of the Parties (COP), supreme governing body of the United Nations Framework Convention on Climate Change (UNFCCC), every year since 2019

We are experts in the critical minerals niche, such as lithium, nickel, rare earths, among others, and strategic minerals, such as phosphate and potassium, essentials for the country for the food safety and national defense. Our team is comprised by renowned professionals with many years of experience in the mining of critical and strategic minerals, who are involved in the development and expansion of the Brazilian mining industry.

A10 Group

Co-founded in Sao Paulo in 2013 by partners with a background in asset management, international investment banking and in the mining sector.

 

Initially focused on Mergers and Acquisitions (M&A), in 2015 A10 was recognized by Exame Magazine's "Biggest and Best" ranking as the second M&A boutique with the highest volume of transactions in Brazil. Over time, the A10 Group expanded into asset management.

A pure financial sponsor who delivered substantial returns in critical minerals acting in every step of the mine cycle from exploration to production.

financial sponsor
nurtures the environment

Our approach interwines profitability with purpose, ensuring that each investment enriches communities, empowers individuals, and nurtures the environment.

Led by a team of partners with years of collaborative experience, A10 excels at identifying and cultivating unique opportunities in the critical minerals sector.

Led by a team of partners

Our presence in the EV supply chain

Delivering green battery metals and new midstream technologies to the world
Mining Operations

Mining Operations

Sigma Lithium
Processing / Production Plant

Processing / Production Plant

Sigma Lithium

A10 is Sigma Lithium’s controlling shareholder with the best global track-record regarding:

  • bringing an asset into production (on time and on budget);

  • environmental and social credentials; and

  • financial returns

Chemical Conversion

Chemical Conversion

Anode/Cathode Production

Anode/Cathode Production

Mitra Chem

A10 co-developed the Mitra Chem business plan and joined the first round.

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Battery Cell Production and  Assembly

Less appealing investment opportunities

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Automakers

Less appealing investment opportunities

Deep knowledge of the space and the dynamics with upstream and midstream.

Critical minerals (Graphite, Lithium, Nickel, Rare Earths, among others) and strategic minerals (Phosphate and Potassium)

Focus

1

  • Dedicated to Sustainability and Social Impact

Highly Experienced Executive Partners

2

  • Our team has in average 20 years’ experience in world class firms around the globe

Track Record of Successful Execution and Delivering Exceptional Growth

3

  • A10 Invest took Sigma Lithium from seed investment in 2015 to a NASDAQ listing with a near US$ 3 billion market capitalization*

Who we are

We believe in the synergy of financial success and social responsibility. Our approach intertwines profitability with purpose, ensuring that each investment enriches communities, empowers individuals, and nurtures the environment.

* 90-day average to the 31st of January 2024.

Climate Impact Leaders

Companies with strong strategy leading climate action

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High growth, profit driven investment thesis

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Active investors with the power to implement relevant changes

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Management that leads investment rounds and set new standards for invested sectors

Estabilished Businesses

Transforms companies from their inception into market leaders

Investment Approach

Growth Stage Companies Delivering Substantial Climate Impact

Portfolio Companies

Sigma Lithium

Listed: NASDAQ: SGML

 

Dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium

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Mitra Chem

Mitra Chem is innovating and commercializing iron-based cathode materials to enable mass-market electrification in transportation and energy storage

Read More

Meet the Team

Marcelo Paiva
Marcelo Paiva

Co-Founder & Managing Partner

12+ years at A10

Vicente Lobo

Operating Partner at A10 and co-chair at Technical Committee of investee company Sigma Lithium

7+ years Investee Sigma

Vicente Lobo

Senior Partner at A10 and co-chair at Technical Committee of investee company Sigma Lithium

  • +30 years in mining and processing companies; 8 M&A transactions in the sector
     

  • Former Global Director of Vale Fertilizantes S.A.
     

  • Former COO of Bunge in Brazil
     

  • Former Secretary of Geology, Mining and Mineral Transformation of Brazil, from 2016 to 2018, where he coordinated the creation of the National Mining Agency (ANM)
     

  • Author of Brazil's current Mining Code

Vitor Ornelas

5+ years at A10

Vitor Ornelas
Anna Hartley

8+ years at A10

Anna Hartley
Matthew DeYoe

1+ years at A10

Matthew DeYoe

1+ years at A10

Renata Furquim
Roberto Coelho

10+ years at A10

Roberto Coelho
Marina Bernardini

6+ years at A10

Marina Bernardini
Daniel Abdo

3+ years at A10

Daniel Abdo
Ariel Tenore

1+ years at A10

Ariel Tenore
Gabriel Chefaly

3+ years at A10

Gabriel Chefaly
Carlos Roberto.jpg

1+ years at A10

Carlos Roberto
Andreza Carvalho.jpg

2+ years at A10

Andreza Carvalho

Local to global

Regulatory Information

Compliance Manual

(Manual de Compliance)

Code of Ethics

(Código de Ética)

Risk Management Policy 

(Política de Gestão de Riscos)

Liquidity Management Policy

(Política de Gestão de Liquidez)

Order Allocation and Division Policy

(Política de Rateio e Divisão de Ordens)

Voting Exercise Rights Policy

(Política de Exercício de Direito de Voto em Assembléias)

Personal Investments Policy

(Política de Investimentos Pessoais)

CVM Reference Form – A10 Investimentos Ltda.

(CVM Formulário de Referência - A10 Investimentos Ltda.)

A10 Investimentos Ltda. and A10 Invest Ltda. are duly authorized by the Brazilian Securities and Exchange Commission to carry out the activity of securities portfolios manager, in the category "asset manager". A10 Investimentos Ltda. is an institution that adheres to the Code of Management and Administration of Third-Party Funds and the Code of Certification of the Brazilian Association of Financial and Capital Market Entities – ANBIMA, and A10 Invest Ltda. is currently under an accreditation process before ANBIMA. The information contained on this site is for information purposes only and does not constitute any kind of investment advice.

Anbima

Advisors

Accreditations

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Maria Jose Salum

Senior Advisor at A10 and Director at investee company Sigma Lithium

4+ years Investee Sigma

Iran Zan

Senior Advisor at A10 and executive at investee company Sigma Lithium

12+ years Investee Sigma

Germano Vieira

Environmental Advisor at A10 and at investee company Sigma Lithium

3+ years Investee Sigma

Vivas Kumar
Vivas Kumar

Senior Advisor

5+ years as A10 advisor

Meet the Team

Marcelo Paiva
Marcelo Paiva

Co-Founder & Managing Partner

12+ years at A10

Vicente Lobo

Operating Partner at A10 and co-chair at Technical Committee of investee company Sigma Lithium

7+ years Investee Sigma

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