TMG Capital

Investor type

PE

Founded

1997

AUM

$375 M

Location

São Paulo, São Paulo, Brazil

Investment Ticket

$50-100 m

Investment Stage

Series B Seed

Region of investment

South America
Investor profile last updated: 22 August, 2026

Profile

Established in 1997 by Luiz Francisco Novelli Viana, a well-known Brazilian businessman, TMG Capital is a leading firm that provides services to international Private Equity (PE) funds that intend to invest locally in companies that have the potential to consolidate their market and expand their business.

TMG Capital is a pioneering and independent Brazilian firm that supports international Private Equity funds to invest in companies that benefit from strategic capital and a distinctive business building approach.

Investment decisions are always based on the extensive experience of Axxon’s partners, who guide the management of investees in an efficient and disciplined manner, throughout the cycle (origination, investment decision, value creation and withdrawal), providing a modus operandi proven to be successful and that has been enhanced over years of experience by the team and its partners, who have been working together for more than 10 years on average.



Moreover, the investment guidelines are closely aligned with the interests of the investees’ shareholders and the fund’s shareholders. Over the years, Axxon has structured a solid investment platform with a national presence and relationship with various agents of the economy (executives, financial institutions, lawyers, consultants, auditors, regulatory bodies and industry associations, among others).



Axxon seeks investment opportunities in all sectors of the economy, focusing on medium-sized companies. The investment is made through funds, which make capital increases (primary funding) or buy existing shares (secondary operation), between R$ 75 million and R$ 300 million per company, with flexibility for larger investments through partnerships with co-investors.

Industry

Biotechnology Consumer Services (B2C) E-commerce/Marketplace Financial Services Other Retail AI Fashion/Beauty Fintech Healthcare Services Industrial Medical Devices Pharmaceuticals MedTech Life Sciences Infrastructure HealthTech

Contacts

Name
Title
Email
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Pedro Cordeiro Partner
Partner
c•••@•••
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Rafael Nakamoto Analyst
Analyst
n•••@•••
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Investment-team contacts for TMG Capital — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about TMG Capital

TMG Capital is a private equity firm. It backs companies at Series B and Seed, writing tickets of $50-100 m.
TMG Capital is located in São Paulo, São Paulo, Brazil.
TMG Capital was founded in 1997.
TMG Capital invests in companies and startups in Biotechnology, Consumer Services (B2C), E-commerce/Marketplace, Financial Services, Other, Retail, AI, Fashion/Beauty, Fintech, Healthcare Services, Industrial, Medical Devices, Pharmaceuticals, MedTech, Life Sciences, Infrastructure, HealthTech.
TMG Capital invests in companies and startups in South America.
TMG Capital invests in companies and startups at Series B, Seed.
TMG Capital usually invests $50-100 m on average.
TMG Capital has around $375m assets under management.
TMG Capital can be reached through its website tmg.com.br/html_ingles/default.html and its LinkedIn page. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for TMG Capital — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query TMG Capital directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 22 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.