Institutional discipline
Rigorous analysis, thoughtful capital structures, and governance designed for the long term.
Brazilian football. A world of opportunity.
Investing inthe futureof football.
We connect investment expertise and deep local knowledge to build lasting value in Brazilian football.
Independent perspective. Shared ambition.Explore D1A
The firm
Financial discipline.
Football intelligence.
D1A is an independent investment platform dedicated to the Brazilian football ecosystem.
We bring together international investment experience, relationships built inside the game, and a hands-on approach to governance. We originate and structure opportunities with investors and asset owners, aligning capital with a clear plan for value creation.
Meet the people behind D1ADeep local knowledge
An understanding of the people, institutions, and commercial dynamics that shape Brazilian football.
Aligned interests
Partnerships built around shared objectives, clear responsibilities, and respect for each asset's identity.
Investment focus
One ecosystem.
Multiple paths to value.
We look beyond the pitch, across the businesses, places, and rights that make football matter.
A long-term perspective
Built on passion. Shaped by purpose.
01Football clubs
Partnering with clubs and investors to structure transactions, strengthen governance, and develop sustainable sporting and commercial businesses.
02Arenas & venues
Developing the investment case for stadiums and multipurpose venues, from project structuring and financing to the commercial opportunities beyond matchday.
03Sporting rights
Unlocking commercial potential through strategic partnerships and the disciplined development of sponsorship, naming rights, and other football-related properties.
Our approach
From opportunity
to lasting value.
A disciplined search. A structure tailored to each transaction. An active role in what comes next.
Originate
Identify opportunities through our sector relationships, local presence, and investment perspective.
Evaluate
Assess fundamentals, risks, and the practical levers for value creation through rigorous due diligence.
Structure
Bring together the right investors, capital structure, and governance for each opportunity.
Build value
Support execution through board-level involvement, specialist partnerships, and strategic oversight.
Structured as a Search Fund. Operated as an Independent Sponsor.
Focused origination with the flexibility to build each investment on its own merits.
Our team
Experience on both
sides of the table.
International capital markets experience meets decades inside the business of sport.
Renato Loes
Managing Director
Investment and asset management experience at Hudson Advisors / Lone Star Funds, PIMCO, and Itaú Unibanco. MBA, Chicago Booth.
Armênio Neto
Managing Director
Sports business and marketing leadership at Santos FC and MediaCom Sport Latam / WPP. Deep experience in commercial partnerships.
Selected prior experience & education
Hudson AdvisorsPIMCOChicago BoothSantos FCWPPReal Madrid Graduate School
Opportunities
The next chapter is taking shape.
Selected opportunities across the Brazilian football ecosystem. Further information is shared on a confidential basis.
Série A football club
SAF structuring & international capital raising
Under NDANew stadium development
Greenfield project for a Série A club
Under NDASão Paulo arena
Arena redevelopment & mixed-use project
Under NDAOpportunities in development; these are not completed investments.
Discuss our pipelineA few things worth knowing.
How does D1A's investment model work?
D1A combines the structured search and analysis of a Search Fund with the flexibility of an Independent Sponsor. Investment opportunities are evaluated and structured individually, with capital partners and governance arrangements suited to each transaction.
What role does D1A play after a transaction?
Our intended role is in governance and strategic oversight, including board-level involvement where agreed. We work with management teams and specialist partners to support the value creation plan. Our role and responsibilities are defined for each transaction.
Can clubs and asset owners approach D1A?
Yes. We welcome conversations with clubs exploring SAF structures, venue owners and developers, and holders of commercial sporting rights. The starting point is understanding the asset, the owner's objectives, and where a partnership can create value.
How can investors learn about the pipeline?
Contact our team to discuss your investment interests. Access to detailed materials depends on the opportunity, the relevant process, and confidentiality arrangements, which may include an NDA.
Let's talk
Great partnerships
start with
a conversation.
For investors, clubs, and strategic partners who see what comes next for Brazilian football.