# Spectra Investments

Dates its own growth from one searcher to eighty.

A Brazilian alternative investment manager whose search fund arm publishes a dated timeline of its own growth: the first searcher backed in 2017, the first deal in 2018, the first exit in 2024, and by 2026 more than eighty searchers, twenty-one deals and four exits. The wider firm reports seven billion reais under management across more than eight hundred companies. It also publishes field research: a Latin American search fund primer, legal guides to Brazilian and Mexican search funds, and an artificial intelligence playbook for searchers and operators.

- Category: Capital & Investors
- Pricing model: Custom Pricing
- Where it fits: Set Up & Fund the Search
- Website: https://spectrainvest.com/search-funds/
- Last verified: 2026-09-09

## At a Glance

The best published record of a search backer growing with its market, and its Latin American research is worth reading whoever backs you.

## What It Costs

Investment terms, not fees. No fee is charged to a searcher; what the firm publishes about its own side is in the row.

## Best For

A Latin American searcher who wants a backer that publishes its own record year by year rather than a count.

## Pros and Cons

- Pro: Publishes a dated timeline: first searcher, first deal, first exit and the running totals at each
- Pro: Counts more than eighty searchers backed, twenty-one deals and four exits
- Pro: Publishes its own legal guides to Brazilian and Mexican search funds and a Latin American primer
- Con: No check size, cap-table share or search unit price published anywhere
- Con: The assets under management figure belongs to the whole firm rather than the search fund arm
- Con: Nothing published about what happens when a search ends without a deal

## What Searchers Say

One of the more established Latin American search fund investors by its own dated account, and it runs a regional conference whose first edition it dates to 2025.

## Sources

- https://spectrainvest.com/search-funds/
- https://spectrainvest.com/
- https://spectrainvest.com/equipe/

Source: https://searchspheresource.com/resources/spectra-investments