Team

An experienced, diligent partnership that has lived through market crises up close.

Felipe Margueron

FOUNDER & CIO

Industrial Engineering (UFRJ) · Master's in Finance and Economics (FGV-RJ) · MBA in Commodity Trading (University of Geneva)

Economist and engineer passionate about markets, spending over 10 years developing proprietary investment models built to navigate any market scenario.

2000–2002

Banco BBM, analyst

2002–2007

RiskControl, partner

2007–2019

Vale International, risk and trade finance

2019–2020

Accenture, finance and risk

2021–2022

Transpetro, finance and risk

2022–2026

LayerOne / Neovest, Head LATAM

2026–present

Atol Capital

Iram Yuji Magari de Siqueira

FOUNDER & PORTFOLIO MANAGER

Business Administration (FGV-EAESP), 1st place in the entrance exam · Visiting Fellow — MIT Sloan · CGA/ANBIMA

Postgraduate in Management from the MIT Sloan School of Management. With 26 years in financial markets, he specializes in equities and is an angel investor in several startups.

2000–2004

Itaú Corretora

2004–2005

FVF Participações

2005–2014

CS Hedging-Griffo, Partner

2015–2016

MIT Sloan

2017–2023

Âmago Capital

2026–present

Atol Capital

Eduardo Dória

FOUNDER & COO/CRO

Production Engineering (CEFET-RJ) · MBA in Financial Engineering (USP) · MBA in Data Science & Analytics (USP, in progress)

A postgraduate from USP, he is an engineer with 18 years dedicated to risk management in financial markets. A technology enthusiast, with an interest in quantitative modeling applied to risk.

2008–2009

Ágora DTVM

2010–2011

XP, Risk

2011–2015

BNY Mellon, Risk

2015–2017

Citibank, Risk Manager

2017–2026

Itaú, Risk Manager

2026–present

Atol Capital

Raone Costa

FOUNDING PARTNER

Professor of Economics at FGV · PhD FGV-EESP · Master's FEA-USP

PhD in Economics, professor at Fundação Getúlio Vargas. Over 15 years of experience in financial markets, covering the Brazilian and global economy.

2007–2008

Bear Stearns

2008–2014

CS Hedging-Griffo

2015–2016

FIPE

2017–present

FGV-EESP, Professor

2021–2025

Alphatree, Chief Economist

2026–present

Atol Capital