Private Equity Funds (FIPs – Fundos de Investimento em Participações) are addressed to investments in equities, debentures, subscription bonus, or other convertible or permutable securities in outstanding stocks of public and private companies/ corporations, thus participating of the ruling process of the company/ corporation in which the investment is made, with effective influence in defining its strategical policy and in its management, mainly through the nomination of Supervisory Board’s members.

BNY Mellon Serviços Financeiros offers administration, treasury, processing services, accounting of shares issuing and redemption and bookkeeping for FIPs and it is one of the leaders in the Brazilian Market on the number of FIPs under administration.  

BNY Mellon Serviços Financeiros provides a system that has been internally developed to book the fund’s assets and liability operations, as well as to register the shareholders. Such a system allows the manager to have total control of operations, positions and financial flows, thus generating informative and managerial reports.

The operations of FIPs under BNY Mellon's administration are submitted to rigorous monitoring processes, thus assuring the consent to laws and to the highest ethical and moral standards. BNY Mellon Serviços Financeiros in the capacity of Fund’s administrator, undertakes all the obligations which are described below:

- Legal representation before the regulatory agencies

- Fiscal responsibility

- Breaches Control, considering funds’ assets and liability, before funds’ legislation and regulations

- Risk Control of the portfolio’s non-composed-by-receivables part

- Investment Portfolio’s Controllership

- Assets pricing in accordance with methodology already disclosed

- Accounting

- Interface with the Controller (when being third party)

- Interface with the Asset Manager

- Interface with the Auditor

- Interface with the Custodian