Team
Partners
Felipe Camargo has had twelve years of experience in private equity working for Pátria Investimentos, having worked in the areas of acquisitions, monitoring and management of invested companies. Felipe acted as Chief Executive Officer of Casa Cor up to the sale of the company to Grupo Abril and Doria Associados. Felipe also worked as CFO of Editora Camelot and as a Board member of Editora Peixes.
He worked for the investment bank Oppenheimer & Co in its São Paulo office and was an auditor at Coopers & Lybrand.
Felipe has a bachelor´s degree in Business Administration with a major in finance from Fundação Armando Alvares Penteado and holds a post-graduate degree in Tax Law from Fundação Getulio Vargas – SP.
Felipe joined Setter in 2010 and since the beginning, he has gained experience in M&A, business monitoring and management across various sectors: healthcare (health insurance, hospitals, oncology clinics, laboratories), audiovisual, agriculture, logistics, among others. He has participated in several mergers and acquisitions transactions and IPOs in addition to management projects. Felipe became a partner at Setter in early 2021. Previously, he worked for 1,5 years in the control and planning department at HSBC Bank.
He holds a degree in Business Administration with a focus on Finance from the Escola Superior de Propaganda e Marketing (ESPM).
Founding partner at Setter, Flávia has worked in several management projects as a director, CEO and CFO over the past ten years in addition to mergers and acquisitions operations.
Flávia had 7 years of experience in Private Equity at Pátria Investimentos in a variety of roles within the invested companies. She acted as the Chief Financial Officer of Diagnósticos da América (DASA), the largest diagnostics company in Latin America with over US$1,5 billion in market value. She participated actively in the acquisitions made by DASA, and was responsible for integrating the operations of acquired companies.
Flávia also acted as Vice-President of Finance and Operations at Fotoptica, Brazil´s biggest optical and photography company, and prepared it to be sold to the world´s second biggest optical retail group – Hal Investments.
She also worked as a Controller at Brazil´s biggest trading company, Cotia Trading, reporting directly to the company´s board.
Flávia has a bachelor´s degree in Business Administration with a major in finance from Fundação Armando Alvares Penteado.
He was an executive at Cisco Capital for 12 years (Cisco’s financial arm), serving as the main executive (General Manager) for Latin America for 9 years. He also held the position of Managing Director for Latin America at an American technology startup for 2 years.
Startup mentor, entrepreneurial profile, and deep knowledge of technology and innovation.
Flávio holds a degree in Business Administration from FAAP, an MBA in Finance from Insper, and a specialization in General Management from Harvard Business School (HBS).
He is a member of the HBS Club of Brazil and HBS Alumni Angels of Brazil.
Judith Varandas has over five years of experience in private equity working at Pátria Investimentos´ invested companies.
Judith worked as a Financial Planning Manager at DASA, Latin America´s biggest diagnostic medicine company, and actively participated in the process of fundraising $ 250 million dollars abroad through the emission of 10 year maturity debentures.
She also worked as a Financial Analyst at Fotoptica, the largest photography and optical retail chain in Brazil where she was responsible for monitoring and improving the company’s performance as well as preparing the company to be sold to the world’s second largest optical retail group – Hal Investments.
Judith holds a Master of Science from Università Bocconi (Milan – Italy) / ESADE (Barcelona – Spain) in International Management and a degree in Business Administration from Fundação Getulio Vargas, in São Paulo (Brazil).
Board member certified by IBGC – Brazilian Institute of Corporate Governance.
Having joined Setter in 2016, Roberta has over 15 years of experience in Private Equity. Before integrating the Setter team, she worked at Pátria Investimentos in screening and development of new investment thesis, as well as a manager for companies in Pátria´s financial and PMO investment portfolios. Previously, she worked in M&A at Anhanguera Educacional for two years and another two years at Medial Saúde.
Roberta holds a Bachelor’s Degree in Public Administration from Fundação Getulio Vargas in São Paulo (Brazil) and was awarded a scholarship to attend the Global Competitive Leadership Program (GCLP) at Georgetown University, in Washington D.C.
Consulting Board
Rafael was a founding partner and Portfolio Manager of Mosaico Capital (current Angico Capital), an independent investment fund merged into Tarpon in 2016.
He had a first period at Tarpon, where he developed the Private Equity area and later worked in the company’s equity investment sector.
He also worked for seven years at Pátria Investimentos’ Private Equity team, where he held several executive positions in invested companies, for example CFO of Casa do Pão de Queijo.
He was a member of the Fiscal Council of Portobello and Sanepar. He also served as a member of the Board of Directors of Lojas Marisa, Arezzo&Co, Tempo Participações and Kepler Weber.
Rafael has a bachelor´s degree in Business Administration from Fundação Getúlio Vargas – SP.
Team
Bruno joined Setter in 2016 and has participated in several management projects in the healthcare, animal health, toys & party supplies, sports retail, audiovisual products, and other industries. He has a bachelor’s degree in Business Administration from Fundação Getulio Vargas (EAESP – Escola de Administração de Empresas de São Paulo).
He has a bachelor’s degree in Business Administration with a minor in finance from Escola Superior de Propaganda e Marketing (ESPM) and has a post-graduate certificate in Controlling from FIA.
He has a bachelor’s degree in Business Administration from Fundação Getulio Vargas (EAESP – Escola de Administração de Empresas de São Paulo), with a minor in Corporate Finance.
He has a bachelor’s degree in Electric Engineering from Universidade de São Paulo (USP)