[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"seo:\u002Fdetalhes\u002FPMIS11\u002Fdocumentos\u002F16540":3,"documento:PMIS11:16540":88,"fii-documento:PMIS11":97},{"title":4,"description":5,"canonical":6,"image":7,"json_ld":8,"nome":33,"resumo":80},"Relatório Gerencial PMIS11 de dezembro de 2025 | Kartac","Relatório Gerencial de dezembro de 2025 do PMIS11 (Paramis Hedge Fund), entrega em 08\u002F01\u002F2026. DY 12 meses de 15,73% e P\u002FVP 0,77 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FPMIS11\u002Fdocumentos\u002F16540","https:\u002F\u002Fwww.kartac.com.br\u002Fimages\u002Fog.png",{"@context":9,"@graph":10},"https:\u002F\u002Fschema.org",[11,17,22,31,50,65],{"@type":12,"@id":13,"name":14,"url":15,"logo":16},"Organization","https:\u002F\u002Fwww.kartac.com.br\u002F#organizacao","Kartac","https:\u002F\u002Fwww.kartac.com.br\u002F","https:\u002F\u002Fwww.kartac.com.br\u002Fandroid-chrome-512x512.png",{"@type":18,"@id":19,"name":14,"url":15,"inLanguage":20,"publisher":21},"WebSite","https:\u002F\u002Fwww.kartac.com.br\u002F#site","pt-BR",{"@id":13},{"@type":23,"@id":24,"url":6,"name":4,"description":5,"inLanguage":20,"isPartOf":25,"dateModified":26,"mainEntity":27,"breadcrumb":29},"WebPage","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FPMIS11\u002Fdocumentos\u002F16540#pagina",{"@id":19},"2026-11-03",{"@id":28},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FPMIS11\u002Fdocumentos\u002F16540#documento",{"@id":30},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FPMIS11\u002Fdocumentos\u002F16540#migalhas",{"@type":32,"@id":28,"name":33,"alternateName":34,"url":6,"inLanguage":20,"about":35,"genre":37,"datePublished":38,"version":39,"dateModified":38,"temporalCoverage":40,"author":41,"publisher":47,"isBasedOn":49},"Report","Relatório Gerencial PMIS11 de dezembro de 2025","(PMIS) Relatório Gerencial - 31\u002F12\u002F2025",{"@id":36},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FPMIS11#fundo","Relatórios","2026-01-08","2","2025-12",{"@type":12,"name":42,"identifier":43},"PARAMIS BR INVESTIMENTOS LTDA",{"@type":44,"propertyID":45,"value":46},"PropertyValue","CNPJ","12.417.157\u002F0001-04",{"@type":12,"name":48},"XP INVESTIMENTOS CORRETORA DE CÂMBIO, TÍTULOS E VAL MOB S\u002FA","https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1077746",{"@type":51,"@id":36,"name":52,"alternateName":53,"url":56,"category":57,"identifier":58,"provider":63},"InvestmentFund","Paramis Hedge Fund",[54,55],"PMIS11","PARAMIS HEDGE FUND FUNDO DE INVESTIMENTO IMOBILIÁRIO - FII RESPONSABILIDADE LIMITADA","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FPMIS11","Papel",[59,61],{"@type":44,"propertyID":60,"value":54},"Ticker B3",{"@type":44,"propertyID":45,"value":62},"51.868.778\u002F0001-58",{"@type":12,"name":42,"identifier":64},{"@type":44,"propertyID":45,"value":46},{"@type":66,"@id":30,"itemListElement":67},"BreadcrumbList",[68,72,76,78],{"@type":69,"position":70,"name":71,"item":15},"ListItem",1,"Início",{"@type":69,"position":73,"name":74,"item":75},2,"FIIs","https:\u002F\u002Fwww.kartac.com.br\u002Franking",{"@type":69,"position":77,"name":54,"item":56},3,{"@type":69,"position":79,"name":34,"item":6},4,{"atualizado_em":81,"frases":82},"2026-11-05",[83,84,85,86,87],"Relatório Gerencial do Paramis Hedge Fund (PMIS11), fundo imobiliário de papel, referente a dezembro de 2025, com entrega no FundosNet (B3) em 08\u002F01\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do PMIS11 fechou a R$ 7,21, com P\u002FVP de 0,77 (valor patrimonial de R$ 9,40 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 0,092 por cota, com pagamento em nov\u002F2026, e o dividend yield dos últimos 12 meses é de 15,73% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 139,2 milhões no informe mensal de setembro de 2026.","Os indicadores são os mais recentes da base do Kartac, não os do período do documento.",{"id":89,"descricao":34,"assunto":90,"tipo":37,"situacao":91,"texto":92,"link_pdf":93,"estruturado":94,"link_original":49,"data_referencia":95,"data_entrega":96,"versao":73},16540,"Relatório Gerencial","(Ativo)","\u003Ch3>PARAMIS CAPITAL\u003C\u002Fh3>\u003Cp>\u003Cstrong>Relatório Gerencial Paramis Hedge Fund Fundo de Investimento Imobiliário – FII Dezembro 2025\u003C\u002Fstrong>\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11\u003C\u002Fh3>\u003Cp>\u003Cstrong>Data de Início:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>06\u002F11\u002F2023\u003C\u002Fp>\u003Cp>\u003Cstrong>Início de Negociação:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>CNPJ:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Investidores Alvo:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Gestor:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Administrador:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de Gestão\u002F Administração:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Data Com:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de Performance:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Data de Pagamento:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Formador de Mercado:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>05\u002F02\u002F2024\u003C\u002Fp>\u003Cp>51.868.778\u002F0001-58\u003C\u002Fp>\u003Cp>Público em Geral\u003C\u002Fp>\u003Cp>Paramis Capital\u003C\u002Fp>\u003Cp>XP Investimentos CVTM S.A.\u003C\u002Fp>\u003Cp>1,10%\u003C\u002Fp>\u003Cp>20% do que exceder o maior entre IPCA+3% IPCA+Yield do IMA-B 5*\u003C\u002Fp>\u003Cp>Último dia útil do mês\u003C\u002Fp>\u003Cp>Até o 10º dia útil do mês\u003C\u002Fp>\u003Cp>Banco Fator\u003C\u002Fp>\u003Ch3>OBJETIVO DO FUNDO\u003C\u002Fh3>\u003Cp>O objetivo do FII Paramis Hedge Fund é gerar rendimentos mensais aos cotistas aplicando em ativos financeiros de natureza imobiliária, tais como CRI, Debênture, LCI, LH e quotas de FII.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_1_image_26.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 140,4 milhões\u003C\u002Fstrong> Patrimônio Líquido\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_1_image_28.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>IPCA+10,14% CDI+4,27%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Taxa Ponderada MtM da Carteira de CRIs\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_1_image_31.jpg\">\u003C\u002Fp>\u003Cp>76,9%\u003C\u002Fp>\u003Cp>% Alocado em Ativos Alvo\u003Csup>1\u003C\u002Fsup>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_1_image_34.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_1_image_35.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>8,81\u003C\u002Fstrong> Cota de Mercado\u003Csup>2\u003C\u002Fsup>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_1_image_37.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>0,115\u003C\u002Fstrong> Último Dividendo\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_1_image_39.jpg\">\u003C\u002Fp>\u003Cp>0,93\u003C\u002Fp>\u003Cp>Cota de Mercado \u002F Cota Patrimonial\u003C\u002Fp>\u003Cp>\u003Cstrong>6.745\u003C\u002Fstrong> Cotistas\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_1_image_43.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 273. 043\u003C\u002Fstrong> Liquidez Diária\u003Csup>3\u003C\u002Fsup>\u003C\u002Fp>\u003Cp>1. Alocação no fechamento do mês\u003C\u002Fp>\u003Cp>2. Cota de fechamento do mês\u003C\u002Fp>\u003Cp>3. Média diária de negociação no mês\u003C\u002Fp>\u003Ch3>Comentários da Gestão\u003C\u002Fh3>\u003Ch3>Comentário Macroeconômico\u003C\u002Fh3>\u003Cp>Em dezembro\u002F25, conforme amplamente esperado, o Federal Reserve cortou a taxa básica de juros americana em 25 bps, para a faixa de 3,50%–3,75% ao ano. A decisão, novamente acompanhada por dissenso triplo entre os membros do Comitê (nove votos pelo corte de 25bps, dois votos pela manutenção e um voto pelo corte de 50bps), veio com uma comunicação de viés dovish, refletindo preocupações crescentes com o enfraquecimento do mercado de trabalho e a avaliação de que parte das pressões inflacionárias tende a ser temporária. O Fed reforçou que não há um caminho pré-definido para seus próximos passos, mas também anunciou a retomada das compras de títulos de curto prazo do Tesouro americano. Em tese, a compra de títulos do tesouro pelo Fed ajuda a sustentar o preço desses títulos e, por consequência, pressiona (para baixo) suas taxas, adicionando estímulo marginal às condições financeiras. Apesar disso, o Fed relativiza esse movimento, justificando-o como mera gestão ordinária das condições de liquidez de curto prazo do money market americano, de modo que fica aberta a discussão sobre cortes adicionais de juros no início de 2026.\u003C\u002Fp>\u003Cp>Nesse contexto, os mercados acionários globais apresentaram desempenho misto: o S&P 500 permaneceu praticamente estável no mês (-0,05%), enquanto o Dow Jones avançou 0,73% e o Euro Stoxx 50 registrou alta de 2,1%.\u003C\u002Fp>\u003Cp>No Brasil, o Copom manteve a taxa Selic em 15,00% a.a. na reunião de dezembro, tal como amplamente esperado, preservando uma comunicação cautelosa e sem sinalizações objetivas sobre o início da flexibilização monetária num ano de eleições. Apesar da redução marginal das projeções condicionais de inflação a partir de 2026, essa revisão decorreu essencialmente de mudanças nos preços administrados, sem alteração relevante na dinâmica dos preços livres. As minutas reforçaram um maior conforto do Comitê com a estratégia monetária em curso, reconhecendo que seus efeitos já são perceptíveis e abrindo, de forma ainda incipiente, a discussão sobre quando a restrição monetária poderá começar a ser reduzida.\u003C\u002Fp>\u003Cp>Os dados de inflação corroboraram uma leitura mais cautelosa. O IPCA-15 de dezembro avançou 0,25%, encerrando 2025 com alta acumulada de 4,41%, dentro da banda de tolerância, mas com composição desfavorável. A desinflação recente permaneceu excessivamente concentrada em bens comercializáveis (tradables), especialmente alimentos, enquanto os serviços — em particular os núcleos subjacentes — seguiram pressionados, em linha com um mercado de trabalho ainda bastante aquecido. A taxa de desemprego recuou para 5,2% em novembro, novo mínimo histórico, com aceleração da ocupação formal e crescimento real dos salários em ritmo superior ao da produtividade, reforçando as pressões de demanda e sustentando uma postura mais conservadora quanto ao ritmo e à extensão de um\u003C\u002Fp>\u003Ch3>eventual ciclo de cortes de juros.\u003C\u002Fh3>\u003Cp>O mês também foi marcado por um aumento da volatilidade nos ativos domésticos, em especial na curva de juros e no mercado acionário, após o anúncio da pré- candidatura de Flávio Bolsonaro à Presidência. O episódio foi interpretado pelo mercado como uma elevação do risco político, ao reduzir a probabilidade de uma candidatura alternativa considerada mais competitiva – como a de Tarcísio de Freitas – e, consequentemente, de alternância de poder. Neste cenário, os vértices mais curtos da curva de juro real fecharam cerca de 10 bps, enquanto os vértices longos abriram cerca de 14 bps na média, fazendo com que o IMA-B5 tivesse rentabilidade bastante superior à do IMA-B no mês (+0,94% vs +0,30%). Ainda assim, considerando todos esses movimentos, o Ibovespa encerrou dezembro com valorização de 1,30% no mês e alta próxima de 40% no acumulado do ano.\u003C\u002Fp>\u003Cp>No universo dos FIIs, o resultado do Ifix em dezembro foi de +3,1%, Com isso a alta acumulada em 2025 é de 21,1%. No mês, os destaques foram os segmentos de Multiestratégia (+6,3%), Escritórios (+5,2%) e FoF (+5,1%).\u003C\u002Fp>\u003Ch3>Performance e Posicionamento\u003C\u002Fh3>\u003Cp>O resultado caixa do mês de dezembro apresentou desempenho em linha com o que vinha sendo a média do semestre, de R$ 0,102\u002Fcota. Somando isso às reservas acumuladas ao longo do semestre, a distribuição do de dezembro foi pontualmente mais elevada, de R$ 0,115\u002Fcota. Com isso \u003Cstrong>o resultado distribuído ao longo do ano de 2025 foi de R$ 1,135\u002Fcota, o que equivale a 116,6% do CDI no período\u003C\u002Fstrong>.\u003C\u002Fp>\u003Cp>\u003Cstrong>As movimentações relevantes na carteira do fundo em dezembro foram as seguintes:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>O CRI A Yoshii foi pré pago integralmente pelo devedor mediante a recebimento de prêmio por parte do fundo. A TIR da operação no período da aquisição do papel até a data da recompra foi de 16,5%.\u003C\u002Fp>\u003Cp>• O CRI Mateus também foi pré pago integralmente pelo devedor mediante a recebimento de prêmio. A TIR da operação no período foi de 14,9%.\u003C\u002Fp>\u003Cp>Amortização parcial do FII São Benedito. O devedor recomprou as unidades do empreendimento Baalbek, correspondente a aproximadamente dois terços do PL do fundo, com o objetivo de emitir nova operação no mercado de capitais.\u003C\u002Fp>\u003Cp>Vencimento do CRI Fazenda da Grama. O devedor fez jus ao pagamento total do valor remanescente do papel na data do vencimento ocorrido no dia 30\u002F12 que será refletido no próximo relatório gerencial. A TIR da operação no período da aquisição do papel até a data da recompra foi de 14,8%.\u003C\u002Fp>\u003Cp>Aquisição no mercado primário do CRI Indepy. A Indepy é uma incorporadora residencial com atuação focada em bairros nobres de São Paulo, e a operação conta com uma robusta estrutura de garantias que inclui a AF de unidades em estoque de empreendimento no bairro do Higienópolis além de um terreno em Pompéia destinado a um futuro lançamento.\u003C\u002Fp>\u003Cp>Aquisição do FII Daycoval Retrofits, fundo negociado em bolsa de prazo determinado e focado na revitalização de um prédio residencial no bairro da Vila Mariana, em São Paulo. O projeto se encontra no início da fase de vendas e com obras avançadas, e a expectativa é de que o investimento se encerre dentro do ano de 2026, a depender da velocidade de vendas e das condições de mercado. Na visão da equipe de gestão, o estágio avançado do projeto, a qualidade do ativo em relação a produtos comparáveis na região, e o preço de compra do FII no mercado secundário indicavam uma relação favorável de risco vs retorno para o investimento.\u003C\u002Fp>\u003Cp>Além das operações acima, também foi aprovado em comitê novo CRI do segmento residencial na cidade de Salvador, que se encontra em processo de estruturação com participação direta da Paramis. A expectativa de liquidação é no início de 2026 e serão trazidos mais detalhes sobre o papel em relatórios futuros.\u003C\u002Fp>\u003Cp>Por fim, também seguimos monitorando oportunidades no mercado secundário de FIIs, incluindo no segmento de FIIs de tijolo, o qual não possuímos na carteira hoje e que apresenta boas oportunidades de FIIs descontados visando ganho de capital em um potencial cenário de fechamento das curvas de juros.\u003C\u002Fp>\u003Ch3>Distribuição de Dividendos\u003C\u002Fh3>\u003Cp>O \u003Cstrong>resultado do fundo foi de R$ 0,010\u002Fcota\u003C\u002Fstrong> versus uma \u003Cstrong>distribuição de R$0,115\u002Fcota.\u003C\u002Fstrong> Isso representa um \u003Cstrong>yield mensal de 1,30%*\u003C\u002Fstrong>, e equivale a \u003Cstrong>138,02%** do rendimento do CDI\u003C\u002Fstrong> no mesmo período.\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Tabela de Sensibilidade\u003C\u002Fh3>\u003Cp>\u003Cstrong>Tabela de Sensibilidade – Parte Alocada em CRIs de Carrego\u003C\u002Fstrong>\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>Yield IPCA+ da Carteira\u003C\u002Fth>\u003Cth>Spread NTNB+\u003C\u002Fth>\u003Cth>P\u002FVP\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>7,80\u003C\u002Ftd>\u003Ctd>16,65%\u003C\u002Ftd>\u003Ctd>8,26%\u003C\u002Ftd>\u003Ctd>0,82\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>7,90\u003C\u002Ftd>\u003Ctd>16,31%\u003C\u002Ftd>\u003Ctd>7,95%\u003C\u002Ftd>\u003Ctd>0,83\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8,00\u003C\u002Ftd>\u003Ctd>15,97%\u003C\u002Ftd>\u003Ctd>7,63%\u003C\u002Ftd>\u003Ctd>0,84\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8,10\u003C\u002Ftd>\u003Ctd>15,63%\u003C\u002Ftd>\u003Ctd>7,32%\u003C\u002Ftd>\u003Ctd>0,85\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8,20\u003C\u002Ftd>\u003Ctd>15,29%\u003C\u002Ftd>\u003Ctd>7,00%\u003C\u002Ftd>\u003Ctd>0,86\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8,30\u003C\u002Ftd>\u003Ctd>14,95%\u003C\u002Ftd>\u003Ctd>6,69%\u003C\u002Ftd>\u003Ctd>0,88\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8,40\u003C\u002Ftd>\u003Ctd>14,61%\u003C\u002Ftd>\u003Ctd>6,37%\u003C\u002Ftd>\u003Ctd>0,89\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8,50\u003C\u002Ftd>\u003Ctd>14,27%\u003C\u002Ftd>\u003Ctd>6,05%\u003C\u002Ftd>\u003Ctd>0,90\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8,60\u003C\u002Ftd>\u003Ctd>13,93%\u003C\u002Ftd>\u003Ctd>5,74%\u003C\u002Ftd>\u003Ctd>0,91\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8,70\u003C\u002Ftd>\u003Ctd>13,59%\u003C\u002Ftd>\u003Ctd>5,42%\u003C\u002Ftd>\u003Ctd>0,92\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8,80\u003C\u002Ftd>\u003Ctd>13,25%\u003C\u002Ftd>\u003Ctd>5,11%\u003C\u002Ftd>\u003Ctd>0,93\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Paramis Hedge Fund PMIS11 – Demonstrativo de Resultados\u003C\u002Fh3>\u003Cp>\u003Cstrong>DRE\u003C\u002Fstrong>\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Ctd>(R$ '000)\u003C\u002Ftd>\u003Ctd>jan\u002F25\u003C\u002Ftd>\u003Ctd>fev\u002F25\u003C\u002Ftd>\u003Ctd>mar\u002F25\u003C\u002Ftd>\u003Ctd>abr\u002F25\u003C\u002Ftd>\u003Ctd>mai\u002F25\u003C\u002Ftd>\u003Ctd>jun\u002F25\u003C\u002Ftd>\u003Ctd>jul\u002F25\u003C\u002Ftd>\u003Ctd>ago\u002F25\u003C\u002Ftd>\u003Ctd>set\u002F25\u003C\u002Ftd>\u003Ctd>out\u002F25\u003C\u002Ftd>\u003Ctd>nov\u002F25\u003C\u002Ftd>\u003Ctd>dez\u002F25\u003C\u002Ftd>\u003Ctd>Acumulado 12M\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receitas\u003C\u002Ftd>\u003Ctd>1.524\u003C\u002Ftd>\u003Ctd>1.592\u003C\u002Ftd>\u003Ctd>1.572\u003C\u002Ftd>\u003Ctd>1.767\u003C\u002Ftd>\u003Ctd>1.660\u003C\u002Ftd>\u003Ctd>1.766\u003C\u002Ftd>\u003Ctd>1.608\u003C\u002Ftd>\u003Ctd>1.551\u003C\u002Ftd>\u003Ctd>1.683\u003C\u002Ftd>\u003Ctd>1.598\u003C\u002Ftd>\u003Ctd>1.701\u003C\u002Ftd>\u003Ctd>1.661\u003C\u002Ftd>\u003Ctd>19.685\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"14\">CRI 1.304 1.375 1.289 1.508 1.408 1.458 1.311 1.270 1.235 1.172 1.400 1.294 16.023 FII 162 145 148 159 164 150 140 132 129 130 129 130 1.718 Aplicações Financeiras 76 73 123 48 65 52 158 148 319 297 172 236 1.767 Ganho de Capital (17) (1) 12 53 23 107 0 1 - - - - 176\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas\u003C\u002Ftd>\u003Ctd>(195)\u003C\u002Ftd>\u003Ctd>(207)\u003C\u002Ftd>\u003Ctd>(209)\u003C\u002Ftd>\u003Ctd>(191)\u003C\u002Ftd>\u003Ctd>(213)\u003C\u002Ftd>\u003Ctd>(176)\u003C\u002Ftd>\u003Ctd>(134)\u003C\u002Ftd>\u003Ctd>(152)\u003C\u002Ftd>\u003Ctd>(134)\u003C\u002Ftd>\u003Ctd>(141)\u003C\u002Ftd>\u003Ctd>(164)\u003C\u002Ftd>\u003Ctd>(155)\u003C\u002Ftd>\u003Ctd>-2.071\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"14\">Taxas de Adm e Gestão (126) (132) (120) (115) (122) (111) (107) (123) (107) (113) (120) (98) -1.396 Outras Depesas (68) (75) (89) (76) (91) (65) (27) (29) (27) (27) (44) (57) -675\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado\u003C\u002Ftd>\u003Ctd>1.330\u003C\u002Ftd>\u003Ctd>1.385\u003C\u002Ftd>\u003Ctd>1.363\u003C\u002Ftd>\u003Ctd>1.576\u003C\u002Ftd>\u003Ctd>1.447\u003C\u002Ftd>\u003Ctd>1.590\u003C\u002Ftd>\u003Ctd>1.474\u003C\u002Ftd>\u003Ctd>1.399\u003C\u002Ftd>\u003Ctd>1.549\u003C\u002Ftd>\u003Ctd>1.458\u003C\u002Ftd>\u003Ctd>1.537\u003C\u002Ftd>\u003Ctd>1.506\u003C\u002Ftd>\u003Ctd>17.614\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"14\">Distribuição 1.332 1.332 1.332 1.332 1.332 1.628 1.362 1.362 1.362 1.362 1.362 1.702 16.802 Reserva (3) 52 31 244 114 (38) 112 38 187 96 175 (197) 885*\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado por Cota\u003C\u002Ftd>\u003Ctd>0,090\u003C\u002Ftd>\u003Ctd>0,094\u003C\u002Ftd>\u003Ctd>0,092\u003C\u002Ftd>\u003Ctd>0,106\u003C\u002Ftd>\u003Ctd>0,098\u003C\u002Ftd>\u003Ctd>0,107\u003C\u002Ftd>\u003Ctd>0,100\u003C\u002Ftd>\u003Ctd>0,095\u003C\u002Ftd>\u003Ctd>0,105\u003C\u002Ftd>\u003Ctd>0,098\u003C\u002Ftd>\u003Ctd>0,104\u003C\u002Ftd>\u003Ctd>0,102\u003C\u002Ftd>\u003Ctd>1,190\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Distribuição por Cota\u003C\u002Ftd>\u003Ctd>0,090\u003C\u002Ftd>\u003Ctd>0,090\u003C\u002Ftd>\u003Ctd>0,090\u003C\u002Ftd>\u003Ctd>0,090\u003C\u002Ftd>\u003Ctd>0,090\u003C\u002Ftd>\u003Ctd>0,110\u003C\u002Ftd>\u003Ctd>0,092\u003C\u002Ftd>\u003Ctd>0,092\u003C\u002Ftd>\u003Ctd>0,092\u003C\u002Ftd>\u003Ctd>0,092\u003C\u002Ftd>\u003Ctd>0,092\u003C\u002Ftd>\u003Ctd>0,115\u003C\u002Ftd>\u003Ctd>1,135\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Reserva por Cota\u003C\u002Ftd>\u003Ctd>(0,000)\u003C\u002Ftd>\u003Ctd>0,004\u003C\u002Ftd>\u003Ctd>0,002\u003C\u002Ftd>\u003Ctd>0,016\u003C\u002Ftd>\u003Ctd>0,008\u003C\u002Ftd>\u003Ctd>(0,003)\u003C\u002Ftd>\u003Ctd>0,008\u003C\u002Ftd>\u003Ctd>0,003\u003C\u002Ftd>\u003Ctd>0,013\u003C\u002Ftd>\u003Ctd>0,006\u003C\u002Ftd>\u003Ctd>0,012\u003C\u002Ftd>\u003Ctd>(0,013)\u003C\u002Ftd>\u003Ctd>0,065*\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Resultado por Cota\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_4_chart_5.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Estratégia de Alocação\u003C\u002Fh3>\u003Cp>O PMIS 11 é um Hedge Fund com flexibilidade para explorar diversas classes de investimento de natureza imobiliária, de acordo com as melhores oportunidades do momento. Nossa alocação terá um foco maior em CRIs e FIIs aproveitando o momento favorável de mercado e explorando possibilidades tanto no mercado primário quanto no secundário como, por exemplo, os preços descontados de alguns FIIs que possuem carteiras sólidas e diversificadas. Como parte da estratégia, também iremos reservar fração do book para operações de CRI e FII com objetivo de ganho de capital no curto prazo. Isso implica que manteremos parcela do nosso PL em caixa deliberadamente.\u003C\u002Fp>\u003Cp>\u003Cstrong>CRI CARREGO\u003C\u002Fstrong> CRIs com perfil de risco majoritariamente conservador\u002Fmoderado.\u003C\u002Fp>\u003Cp>\u003Cstrong>FII CARREGO\u003C\u002Fstrong> Fundos imobiliários que apresentam boas perspectivas de rendimentos no médio\u002Flongo prazo\u003C\u002Fp>\u003Cp>\u003Cstrong>CRI GANHO DE CAPITAL\u003C\u002Fstrong> Papéis que apresentam potencial ganho de curto prazo\u003C\u002Fp>\u003Cp>\u003Cstrong>FII GANHO DE CAPITAL\u003C\u002Fstrong> FIIs com desconto significativo em relação ao seu valor patrimonial, visando ganhos de curto prazo\u003C\u002Fp>\u003Cp>\u003Cstrong>OUTRAS ESTRATÉGIAS\u003C\u002Fstrong> Oportunidades de mercado e originação\u002Festruturação própria envolvendo outros ativos financeiros de natureza imobiliária, tais como, Debênture, LCI, LH, cotas de SPE, entre outros.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_5_chart_8.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Visão Geral da Carteira\u003C\u002Fh3>\u003Cp>Composição Atual do PL - %\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Ctd>Estratégia\u003C\u002Ftd>\u003Ctd>Ativo\u003C\u002Ftd>\u003Ctd>Indexador\u003C\u002Ftd>\u003Ctd>Tx. MtM Média\u003C\u002Ftd>\u003Ctd>% PL\u003C\u002Ftd>\u003Ctd>Duration Médio\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"6\">Carrego CRI IPCA 10,1% 50,4% 4,1 Carrego CRI CDI 4,3% 17,3% 1,7 Carrego FII - - 9,2% - Ganho de Capital CRI e FII - - 3,1% - Caixa Aplicações Financeiras %CDI 100%-IR 20,0% -\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Total\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Composição Atual do PL – R$ mm\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_6_chart_5.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Visão Geral da Carteira de CRI\u003C\u002Fh3>\u003Ch3>Foco em Diversificação\u003C\u002Fh3>\u003Cp>Ao total o fundo possui \u003Cstrong>34 operações\u003C\u002Fstrong>, compondo uma carteira com as seguintes características:\u003C\u002Fp>\u003Cp>POR INDEXADOR (TAXAS MTM)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_7_chart_5.jpg\">\u003C\u002Fp>\u003Cp>POR DURATION\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_7_chart_7.jpg\">\u003C\u002Fp>\u003Cp>POR DEVEDOR (% PL Total)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_7_chart_9.jpg\">\u003C\u002Fp>\u003Cp>POR SECURITIZADORA\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_7_chart_11.jpg\">\u003C\u002Fp>\u003Cp>POR LTV\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_7_chart_13.jpg\">\u003C\u002Fp>\u003Cp>DISTRIBUIÇÃO POR SETOR (% PL Total)\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Portfólio de CRI\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>#\u003C\u002Fth>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Código IF\u003C\u002Fth>\u003Cth>Indexador\u003C\u002Fth>\u003Cth>Tx. Aquisição\u003C\u002Fth>\u003Cth>Tx. MTM\u003C\u002Fth>\u003Cth>Vencimento\u003C\u002Fth>\u003Cth>Duration\u003C\u002Fth>\u003Cth>LTV\u003C\u002Fth>\u003Cth>Principais Garantias\u003C\u002Fth>\u003Cth>PL (R$ mm)\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>1\u003C\u002Ftd>\u003Ctd>Shopping Metrô Itaquera\u003C\u002Ftd>\u003Ctd>24C1526928\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,11%\u003C\u002Ftd>\u003Ctd>8,96%\u003C\u002Ftd>\u003Ctd>mar\u002F39\u003C\u002Ftd>\u003Ctd>5,6\u003C\u002Ftd>\u003Ctd>35%\u003C\u002Ftd>\u003Ctd>AF, CF e Aval\u003C\u002Ftd>\u003Ctd>7,2\u003C\u002Ftd>\u003Ctd>5,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2\u003C\u002Ftd>\u003Ctd>Outlet Premium Imigrantes\u003C\u002Ftd>\u003Ctd>23G2239867\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,50%\u003C\u002Ftd>\u003Ctd>8,45%\u003C\u002Ftd>\u003Ctd>jul\u002F38\u003C\u002Ftd>\u003Ctd>5,2\u003C\u002Ftd>\u003Ctd>50%\u003C\u002Ftd>\u003Ctd>AF, CF, FR, Aval e Seguros\u003C\u002Ftd>\u003Ctd>4,3\u003C\u002Ftd>\u003Ctd>3,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>3\u003C\u002Ftd>\u003Ctd>Roldão\u003C\u002Ftd>\u003Ctd>24A2579147\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,50%\u003C\u002Ftd>\u003Ctd>9,70%\u003C\u002Ftd>\u003Ctd>jan\u002F34\u003C\u002Ftd>\u003Ctd>3,6\u003C\u002Ftd>\u003Ctd>42%\u003C\u002Ftd>\u003Ctd>AF, Fiança e FR\u003C\u002Ftd>\u003Ctd>4,0\u003C\u002Ftd>\u003Ctd>2,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>4\u003C\u002Ftd>\u003Ctd>FGR\u003C\u002Ftd>\u003Ctd>24E2453531\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,00%\u003C\u002Ftd>\u003Ctd>9,27%\u003C\u002Ftd>\u003Ctd>jun\u002F41\u003C\u002Ftd>\u003Ctd>6,1\u003C\u002Ftd>\u003Ctd>64%\u003C\u002Ftd>\u003Ctd>AF, CF, Aval e FR\u003C\u002Ftd>\u003Ctd>4,0\u003C\u002Ftd>\u003Ctd>2,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>5\u003C\u002Ftd>\u003Ctd>Brookfield\u003C\u002Ftd>\u003Ctd>22G0282333\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,50%\u003C\u002Ftd>\u003Ctd>10,27%\u003C\u002Ftd>\u003Ctd>jul\u002F27\u003C\u002Ftd>\u003Ctd>1,4\u003C\u002Ftd>\u003Ctd>63%\u003C\u002Ftd>\u003Ctd>AF e CF\u003C\u002Ftd>\u003Ctd>3,8\u003C\u002Ftd>\u003Ctd>2,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>6\u003C\u002Ftd>\u003Ctd>TPPF\u003C\u002Ftd>\u003Ctd>23A1610639\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>10,84%\u003C\u002Ftd>\u003Ctd>11,85%\u003C\u002Ftd>\u003Ctd>dez\u002F32\u003C\u002Ftd>\u003Ctd>2,9\u003C\u002Ftd>\u003Ctd>70%\u003C\u002Ftd>\u003Ctd>AF, CF e FR\u003C\u002Ftd>\u003Ctd>3,6\u003C\u002Ftd>\u003Ctd>2,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>7\u003C\u002Ftd>\u003Ctd>Pátio Roraima\u003C\u002Ftd>\u003Ctd>22H1579450\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>7,60%\u003C\u002Ftd>\u003Ctd>10,82%\u003C\u002Ftd>\u003Ctd>ago\u002F34\u003C\u002Ftd>\u003Ctd>3,7\u003C\u002Ftd>\u003Ctd>23%\u003C\u002Ftd>\u003Ctd>AF, CF e FR\u003C\u002Ftd>\u003Ctd>3,5\u003C\u002Ftd>\u003Ctd>2,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8\u003C\u002Ftd>\u003Ctd>Postos Aldo\u003C\u002Ftd>\u003Ctd>24H0031235\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,98%\u003C\u002Ftd>\u003Ctd>11,92%\u003C\u002Ftd>\u003Ctd>ago\u002F34\u003C\u002Ftd>\u003Ctd>3,3\u003C\u002Ftd>\u003Ctd>70%\u003C\u002Ftd>\u003Ctd>AF, CF, Aval e FR\u003C\u002Ftd>\u003Ctd>3,3\u003C\u002Ftd>\u003Ctd>2,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>9\u003C\u002Ftd>\u003Ctd>Urba Mezanino\u003C\u002Ftd>\u003Ctd>23L1199759\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,50%\u003C\u002Ftd>\u003Ctd>11,45%\u003C\u002Ftd>\u003Ctd>abr\u002F33\u003C\u002Ftd>\u003Ctd>2,6\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>CF e FR\u003C\u002Ftd>\u003Ctd>3,3\u003C\u002Ftd>\u003Ctd>2,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>10\u003C\u002Ftd>\u003Ctd>Shopping Jaraguá\u003C\u002Ftd>\u003Ctd>13F0056986\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,45%\u003C\u002Ftd>\u003Ctd>8,47%\u003C\u002Ftd>\u003Ctd>dez\u002F35\u003C\u002Ftd>\u003Ctd>4,6\u003C\u002Ftd>\u003Ctd>76%\u003C\u002Ftd>\u003Ctd>AF, CF, Aval\u003C\u002Ftd>\u003Ctd>3,3\u003C\u002Ftd>\u003Ctd>2,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>11\u003C\u002Ftd>\u003Ctd>CSN\u003C\u002Ftd>\u003Ctd>23D1515316\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>7,50%\u003C\u002Ftd>\u003Ctd>7,91%\u003C\u002Ftd>\u003Ctd>abr\u002F42\u003C\u002Ftd>\u003Ctd>6,6\u003C\u002Ftd>\u003Ctd>50%\u003C\u002Ftd>\u003Ctd>AF e Fiança\u003C\u002Ftd>\u003Ctd>3,0\u003C\u002Ftd>\u003Ctd>2,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>12\u003C\u002Ftd>\u003Ctd>Brasol\u003C\u002Ftd>\u003Ctd>23K2617033\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>10,00%\u003C\u002Ftd>\u003Ctd>11,25%\u003C\u002Ftd>\u003Ctd>jul\u002F34\u003C\u002Ftd>\u003Ctd>5,9\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>AF, CF e FR\u003C\u002Ftd>\u003Ctd>2,9\u003C\u002Ftd>\u003Ctd>2,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>13\u003C\u002Ftd>\u003Ctd>Mega Moda\u003C\u002Ftd>\u003Ctd>22L1668408\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,15%\u003C\u002Ftd>\u003Ctd>8,36%\u003C\u002Ftd>\u003Ctd>dez\u002F34\u003C\u002Ftd>\u003Ctd>4,0\u003C\u002Ftd>\u003Ctd>48%\u003C\u002Ftd>\u003Ctd>AF, CF e Aval\u003C\u002Ftd>\u003Ctd>2,9\u003C\u002Ftd>\u003Ctd>2,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>14\u003C\u002Ftd>\u003Ctd>Assaí GIC\u003C\u002Ftd>\u003Ctd>22F1357736\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>7,20%\u003C\u002Ftd>\u003Ctd>7,94%\u003C\u002Ftd>\u003Ctd>abr\u002F34\u003C\u002Ftd>\u003Ctd>3,8\u003C\u002Ftd>\u003Ctd>60%\u003C\u002Ftd>\u003Ctd>AF\u003C\u002Ftd>\u003Ctd>2,7\u003C\u002Ftd>\u003Ctd>1,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>15\u003C\u002Ftd>\u003Ctd>FGR II\u003C\u002Ftd>\u003Ctd>24I2268708\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>10,00%\u003C\u002Ftd>\u003Ctd>9,90%\u003C\u002Ftd>\u003Ctd>set\u002F41\u003C\u002Ftd>\u003Ctd>6,3\u003C\u002Ftd>\u003Ctd>22%\u003C\u002Ftd>\u003Ctd>AF, CF, FR e Aval\u003C\u002Ftd>\u003Ctd>2,7\u003C\u002Ftd>\u003Ctd>1,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>16\u003C\u002Ftd>\u003Ctd>Elleven Energy\u003C\u002Ftd>\u003Ctd>23L2510336\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>11,50%\u003C\u002Ftd>\u003Ctd>14,18%\u003C\u002Ftd>\u003Ctd>dez\u002F38\u003C\u002Ftd>\u003Ctd>4,6\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>AF, CF, FR e Seguros\u003C\u002Ftd>\u003Ctd>2,7\u003C\u002Ftd>\u003Ctd>1,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>17\u003C\u002Ftd>\u003Ctd>HGRU Makro\u003C\u002Ftd>\u003Ctd>21L0666509\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>7,45%\u003C\u002Ftd>\u003Ctd>8,17%\u003C\u002Ftd>\u003Ctd>dez\u002F31\u003C\u002Ftd>\u003Ctd>2,8\u003C\u002Ftd>\u003Ctd>58%\u003C\u002Ftd>\u003Ctd>AF e CF\u003C\u002Ftd>\u003Ctd>2,6\u003C\u002Ftd>\u003Ctd>1,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>18\u003C\u002Ftd>\u003Ctd>Galleria Bank II\u003C\u002Ftd>\u003Ctd>24B1404723\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,00%\u003C\u002Ftd>\u003Ctd>11,03%\u003C\u002Ftd>\u003Ctd>nov\u002F38\u003C\u002Ftd>\u003Ctd>3,1\u003C\u002Ftd>\u003Ctd>32%\u003C\u002Ftd>\u003Ctd>AF e Seguro\u003C\u002Ftd>\u003Ctd>2,4\u003C\u002Ftd>\u003Ctd>1,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>19\u003C\u002Ftd>\u003Ctd>CRI HGLG11\u003C\u002Ftd>\u003Ctd>19A0093844\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>7,50%\u003C\u002Ftd>\u003Ctd>10,03%\u003C\u002Ftd>\u003Ctd>jan\u002F31\u003C\u002Ftd>\u003Ctd>2,5\u003C\u002Ftd>\u003Ctd>19%\u003C\u002Ftd>\u003Ctd>AF e CF\u003C\u002Ftd>\u003Ctd>2,3\u003C\u002Ftd>\u003Ctd>1,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>20\u003C\u002Ftd>\u003Ctd>Galleria Bank\u003C\u002Ftd>\u003Ctd>23K0022065\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,43%\u003C\u002Ftd>\u003Ctd>11,19%\u003C\u002Ftd>\u003Ctd>ago\u002F38\u003C\u002Ftd>\u003Ctd>2,7\u003C\u002Ftd>\u003Ctd>34%\u003C\u002Ftd>\u003Ctd>AF e Seguro\u003C\u002Ftd>\u003Ctd>2,1\u003C\u002Ftd>\u003Ctd>1,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>21\u003C\u002Ftd>\u003Ctd>MRV Flex\u003C\u002Ftd>\u003Ctd>23I1230828\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,85%\u003C\u002Ftd>\u003Ctd>12,87%\u003C\u002Ftd>\u003Ctd>out\u002F33\u003C\u002Ftd>\u003Ctd>4,5\u003C\u002Ftd>\u003Ctd>86%\u003C\u002Ftd>\u003Ctd>AF e FR\u003C\u002Ftd>\u003Ctd>2,0\u003C\u002Ftd>\u003Ctd>1,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>22\u003C\u002Ftd>\u003Ctd>Cashme Mezanino\u003C\u002Ftd>\u003Ctd>23J1263506\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>10,00%\u003C\u002Ftd>\u003Ctd>14,01%\u003C\u002Ftd>\u003Ctd>out\u002F30\u003C\u002Ftd>\u003Ctd>0,9\u003C\u002Ftd>\u003Ctd>57%\u003C\u002Ftd>\u003Ctd>AF e Aval\u003C\u002Ftd>\u003Ctd>1,7\u003C\u002Ftd>\u003Ctd>1,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>23\u003C\u002Ftd>\u003Ctd>Galleria\u003C\u002Ftd>\u003Ctd>24E1318751\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>10,00%\u003C\u002Ftd>\u003Ctd>11,00%\u003C\u002Ftd>\u003Ctd>fev\u002F39\u003C\u002Ftd>\u003Ctd>3,3\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>AF e Seguro\u003C\u002Ftd>\u003Ctd>0,4\u003C\u002Ftd>\u003Ctd>0,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>24\u003C\u002Ftd>\u003Ctd>Cashme Sênior\u003C\u002Ftd>\u003Ctd>23J1255114\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>7,86%\u003C\u002Ftd>\u003Ctd>10,79%\u003C\u002Ftd>\u003Ctd>out\u002F30\u003C\u002Ftd>\u003Ctd>0,7\u003C\u002Ftd>\u003Ctd>29%\u003C\u002Ftd>\u003Ctd>AF e Aval\u003C\u002Ftd>\u003Ctd>0,4\u003C\u002Ftd>\u003Ctd>0,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>25\u003C\u002Ftd>\u003Ctd>Apeninos\u003C\u002Ftd>\u003Ctd>24K2830257\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>6,00%\u003C\u002Ftd>\u003Ctd>6,02%\u003C\u002Ftd>\u003Ctd>nov\u002F28\u003C\u002Ftd>\u003Ctd>2,3\u003C\u002Ftd>\u003Ctd>68%\u003C\u002Ftd>\u003Ctd>AF, CF, Aval e FR\u003C\u002Ftd>\u003Ctd>5,0\u003C\u002Ftd>\u003Ctd>3,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>26\u003C\u002Ftd>\u003Ctd>São Benedito\u003C\u002Ftd>\u003Ctd>24C1693601\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>3,50%\u003C\u002Ftd>\u003Ctd>3,50%\u003C\u002Ftd>\u003Ctd>mar\u002F31\u003C\u002Ftd>\u003Ctd>2,9\u003C\u002Ftd>\u003Ctd>55%\u003C\u002Ftd>\u003Ctd>AF, CF e Aval\u003C\u002Ftd>\u003Ctd>3,5\u003C\u002Ftd>\u003Ctd>2,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>27\u003C\u002Ftd>\u003Ctd>FII Helbor***\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>3,50%\u003C\u002Ftd>\u003Ctd>3,50%\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>AF, CF e Aval\u003C\u002Ftd>\u003Ctd>3,0\u003C\u002Ftd>\u003Ctd>2,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>28\u003C\u002Ftd>\u003Ctd>Planova\u003C\u002Ftd>\u003Ctd>24D3470125\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>5,00%\u003C\u002Ftd>\u003Ctd>5,06%\u003C\u002Ftd>\u003Ctd>abr\u002F26\u003C\u002Ftd>\u003Ctd>0,3\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>CF, Fiança e FR\u003C\u002Ftd>\u003Ctd>2,5\u003C\u002Ftd>\u003Ctd>1,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>29\u003C\u002Ftd>\u003Ctd>Casa Shopping\u003C\u002Ftd>\u003Ctd>22L1125977\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>2,75%\u003C\u002Ftd>\u003Ctd>2,75%\u003C\u002Ftd>\u003Ctd>dez\u002F32\u003C\u002Ftd>\u003Ctd>2,5\u003C\u002Ftd>\u003Ctd>50%\u003C\u002Ftd>\u003Ctd>AF, CF, Aval e FR\u003C\u002Ftd>\u003Ctd>2,5\u003C\u002Ftd>\u003Ctd>1,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>30\u003C\u002Ftd>\u003Ctd>Metrocasa\u003C\u002Ftd>\u003Ctd>25B2974587\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>5,00%\u003C\u002Ftd>\u003Ctd>5,00%\u003C\u002Ftd>\u003Ctd>mar\u002F35\u003C\u002Ftd>\u003Ctd>3,0\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>CF, FR e Aval\u003C\u002Ftd>\u003Ctd>2,2\u003C\u002Ftd>\u003Ctd>1,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>31\u003C\u002Ftd>\u003Ctd>MRV Pró Soluto\u003C\u002Ftd>\u003Ctd>22L1198360\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>3,00%\u003C\u002Ftd>\u003Ctd>2,99%\u003C\u002Ftd>\u003Ctd>dez\u002F27\u003C\u002Ftd>\u003Ctd>1,7\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>FR e Seguro\u003C\u002Ftd>\u003Ctd>1,7\u003C\u002Ftd>\u003Ctd>1,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>32\u003C\u002Ftd>\u003Ctd>Fazenda da Grama\u003C\u002Ftd>\u003Ctd>22L1668361\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>3,63%\u003C\u002Ftd>\u003Ctd>3,65%\u003C\u002Ftd>\u003Ctd>dez\u002F25\u003C\u002Ftd>\u003Ctd>0,0\u003C\u002Ftd>\u003Ctd>43%\u003C\u002Ftd>\u003Ctd>AF, CF, FR e Aval\u003C\u002Ftd>\u003Ctd>1,7\u003C\u002Ftd>\u003Ctd>1,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>33\u003C\u002Ftd>\u003Ctd>FII São Benedito***\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>4,25%\u003C\u002Ftd>\u003Ctd>4,25%\u003C\u002Ftd>\u003Ctd>out\u002F29\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>65%\u003C\u002Ftd>\u003Ctd>AF, CF e Aval\u003C\u002Ftd>\u003Ctd>1,1\u003C\u002Ftd>\u003Ctd>0,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>34\u003C\u002Ftd>\u003Ctd>Arqos IPCA CDI Total\u003C\u002Ftd>\u003Ctd>25E4068927\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>4,00%9,00%4,26%\u003C\u002Ftd>\u003Ctd>4,00%10,14%4,27%\u003C\u002Ftd>\u003Ctd>mai\u002F29\u003C\u002Ftd>\u003Ctd>2,84,11,73,5\u003C\u002Ftd>\u003Ctd>77%43%36%41%\u003C\u002Ftd>\u003Ctd>AF, CF, Aval e FR\u003C\u002Ftd>\u003Ctd>1,070,824,395,0\u003C\u002Ftd>\u003Ctd>0,7%50,4%17,3%67,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Paramis Hedge Fund PMIS11 – Portfólio de FII e Caixa\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>#\u003C\u002Fth>\u003Cth>Fundo\u003C\u002Fth>\u003Cth>Gestão\u003C\u002Fth>\u003Cth>Estratégia\u003C\u002Fth>\u003Cth>Setor\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>1\u003C\u002Ftd>\u003Ctd>CPTS11\u003C\u002Ftd>\u003Ctd>Capitânia\u003C\u002Ftd>\u003Ctd>Carrego\u003C\u002Ftd>\u003Ctd>Recebíveis\u003C\u002Ftd>\u003Ctd>2,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2\u003C\u002Ftd>\u003Ctd>RZTR11\u003C\u002Ftd>\u003Ctd>Riza\u003C\u002Ftd>\u003Ctd>Carrego\u003C\u002Ftd>\u003Ctd>Agro\u003C\u002Ftd>\u003Ctd>1,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>3\u003C\u002Ftd>\u003Ctd>RBRR11\u003C\u002Ftd>\u003Ctd>RBR\u003C\u002Ftd>\u003Ctd>Carrego\u003C\u002Ftd>\u003Ctd>Recebíveis\u003C\u002Ftd>\u003Ctd>1,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>4\u003C\u002Ftd>\u003Ctd>TGAR11\u003C\u002Ftd>\u003Ctd>TG Core\u003C\u002Ftd>\u003Ctd>Tático\u003C\u002Ftd>\u003Ctd>Híbrido\u003C\u002Ftd>\u003Ctd>1,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>5\u003C\u002Ftd>\u003Ctd>TRXF11\u003C\u002Ftd>\u003Ctd>TRX\u003C\u002Ftd>\u003Ctd>Tático\u003C\u002Ftd>\u003Ctd>Renda Urbana\u003C\u002Ftd>\u003Ctd>1,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>6\u003C\u002Ftd>\u003Ctd>ICRI11\u003C\u002Ftd>\u003Ctd>Itaú\u003C\u002Ftd>\u003Ctd>Tático\u003C\u002Ftd>\u003Ctd>Recebíveis\u003C\u002Ftd>\u003Ctd>0,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>7\u003C\u002Ftd>\u003Ctd>BCIA11\u003C\u002Ftd>\u003Ctd>Bradesco\u003C\u002Ftd>\u003Ctd>Tático\u003C\u002Ftd>\u003Ctd>Fof\u003C\u002Ftd>\u003Ctd>0,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8\u003C\u002Ftd>\u003Ctd>RBRX11\u003C\u002Ftd>\u003Ctd>RBR\u003C\u002Ftd>\u003Ctd>Tático\u003C\u002Ftd>\u003Ctd>Hedge Fund\u003C\u002Ftd>\u003Ctd>0,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>9\u003C\u002Ftd>\u003Ctd>ITRI11\u003C\u002Ftd>\u003Ctd>Itaú\u003C\u002Ftd>\u003Ctd>Tático\u003C\u002Ftd>\u003Ctd>Hedge Fund\u003C\u002Ftd>\u003Ctd>0,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>10\u003C\u002Ftd>\u003Ctd>MCCI11\u003C\u002Ftd>\u003Ctd>Mauá\u003C\u002Ftd>\u003Ctd>Tático\u003C\u002Ftd>\u003Ctd>Recebíveis\u003C\u002Ftd>\u003Ctd>0,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>11\u003C\u002Ftd>\u003Ctd>MCRE11\u003C\u002Ftd>\u003Ctd>Mauá\u003C\u002Ftd>\u003Ctd>Tático\u003C\u002Ftd>\u003Ctd>Hedge Fund\u003C\u002Ftd>\u003Ctd>0,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>12\u003C\u002Ftd>\u003Ctd>Outros FIIs\u003C\u002Ftd>\u003Ctd>Diversos\u003C\u002Ftd>\u003Ctd>Tático\u003C\u002Ftd>\u003Ctd>Diversos\u003C\u002Ftd>\u003Ctd><0,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Total\u003C\u002Ftd>\u003Ctd>8,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Tipo\u003C\u002Fth>\u003Cth>Estratégia\u003C\u002Fth>\u003Cth>Rendimento\u003C\u002Fth>\u003Cth>PL (R$ mm)\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Fundo de Zeragem\u003C\u002Ftd>\u003Ctd>Caixa\u002FLiquidez\u003C\u002Ftd>\u003Ctd>100% CDI - IR\u003C\u002Ftd>\u003Ctd>15,88\u003C\u002Ftd>\u003Ctd>11,31%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LFT\u003C\u002Ftd>\u003Ctd>Caixa\u002FLiquidez\u003C\u002Ftd>\u003Ctd>Selic\u003C\u002Ftd>\u003Ctd>3,17\u003C\u002Ftd>\u003Ctd>2,26%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Fundo Caixa\u003C\u002Ftd>\u003Ctd>Caixa\u002FLiquidez\u003C\u002Ftd>\u003Ctd>CDI+0,2%\u003C\u002Ftd>\u003Ctd>0,55\u003C\u002Ftd>\u003Ctd>0,39%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Compromissada\u003C\u002Ftd>\u003Ctd>Caixa\u002FLiquidez\u003C\u002Ftd>\u003Ctd>95% CDI\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>6,03%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>Casa Shopping\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>22L1125977\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,8%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Casa Shopping\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>CDI+2,75%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>50%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>2,6\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>dez\u002F32\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>HGRU Makro\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>21L0666509\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,9%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Makro\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+7,45%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>58%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>2,8\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>dez\u002F31\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>MRV Pró Soluto\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>22L1198360\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,3%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>MRV\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>CDI+3,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>1,8\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>dez\u002F27\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Sênior\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>O devedor da operação é o Casa Shopping, localizado no Rio de Janeiro. A operação conta com CF dos recebíveis dos aluguéis das lojas, com obrigação de substituição de contratos caso o índice de cobertura das PMTs fique abaixo de 1,2x.\u003C\u002Fp>\u003Cp>Operação para alavancar compra de 10 imóveis do Grupo Makro Atacadista (vendedor) pelo FII HGRU11 (comprador). As principais garantias são as AF dos imóveis e CF dos recebíveis de aluguéis de todos os supermercados envolvidos na transação.\u003C\u002Fp>\u003Cp>Emissão lastreada em cessão de carteira pulverizada de recebíveis pró- soluto com mais de 8 mil contratos de diversos estados. A operação conta com fundo de reserva de 10% do saldo devedor, com seguro e obrigação da MRV para sua recomposição durante toda a duração do CRI.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_10_image_11.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_10_image_12.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_10_image_13.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>Assaí GIC\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>22F1357736\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,9%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Assaí\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+7,20%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>60%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>3,8\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>abr\u002F34\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Cashme (Sênior e Mezanino)\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>23J1255114\u002F23J1263506\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,5%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+7,86%\u002F10,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>29%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>0,7 e 1,0\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>out\u002F30\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Sênior e Meza.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Mega Moda\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>22L1668408\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,1%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Mega Moda\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+8,15%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>48%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>4,1\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>dez\u002F34\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>CRI lastreado em contratos de locação atípicos entre o Grupo Assaí e o Barzel Retail Fundo de Investimento Imobiliário. O fundo é detentor de 17 imóveis que serão locados pelo Grupo Assaí.\u003C\u002Fp>\u003Cp>Operação lastreada em carteira de recebíveis cedida pela Cashme, fintech do grupo Cyrela focado em operações de Home Equity (empréstimos com imóvel em garantia).\u003C\u002Fp>\u003Cp>O devedor da operação é o Mega Moda, localizado em Goiânia. A operação conta com LTV de aproximadamente 50%, além da cessão dos recebíveis de aluguéis das lojas.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_11_image_11.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_11_image_12.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_11_image_13.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>Brookfield\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>22G0282333\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,7%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+8,50%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>63%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>1,5\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>jul\u002F27\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Subordinada\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>CRI HGLG11\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>19A0093844\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,7%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>HGLG11\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+7,50%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>19%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>2,5\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>jan\u002F31\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>MRV Flex\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>23I1230828\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,4%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+9,85%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>86%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>4,5\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>out\u002F33\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Sênior\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Operação para alavancagem da compra de lajes corporativas detidos pela BR Properties (vendedor) pela Brookfield (comprador). Os imóveis estão localizados majoritariamente em regiões premium na cidade de São Paulo e outras capitais.\u003C\u002Fp>\u003Cp>Operação lastreada por contratos de locação atípicos de dois galpões logísticos, localizados na Rodovia Fernão Dias - SP, e detidos originalmente pelo Fundo de Investimentos Imobiliários Vinci Logístico - VILG11. Em novembro de 2025, os ativos foram adquiridos pelo fundo Patria Log – Fundo De Investimento Imobiliário – Responsabilidade Limitada – HGLG11, que assumiu o papel de devedor do CRI.\u003C\u002Fp>\u003Cp>Emissão lastreada na cessão de carteira de recebíveis pulverizada originada através de venda de unidades residenciais, focada em clientes de baixa renda. A operação conta com coobrigação da MRV para distratos durante o período de obras e alienação fiduciária das unidades pós habite-se.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_12_image_11.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_12_image_12.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_12_image_13.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>Pátio Roraima\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>22H1579450\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,5%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Shopping Pátio Roraima\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+7,60%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>23%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>3,8\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>ago\u002F34\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Fazenda da Grama\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>22L1668361\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,2%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>CDI+3,63%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>43%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>0,1\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>dez\u002F25\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>FII Helbor Unidades Autônomas\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código B3:\u003C\u002Fth>\u003Cth>IDFI11\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,1%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Helbor\u003C\u002Ftd>\u003Ctd>Rentabilidade\u003C\u002Ftd>\u003Ctd>CDI+3,50%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>O devedor da operação é o Shopping Pátio Roraima, localizado em Boa Vista\u002FRR. A operação conta com AF de fração do Shopping, além de CF dos recebíveis dos aluguéis das lojas.\u003C\u002Fp>\u003Cp>Operação para financiar a construção de 13 casas de alto padrão localizadas no condomínio Fazenda da Grama. Como garantia temos a alienação fiduciária dos lotes, cessão fiduciária dos recebíveis e aval dos acionistas. O empreendimento está localizado no interior de São Paulo, e conta com amplas opções de lazer de alto padrão como piscina de ondas, clube de golf, hípica, SPA e quadras de tênis. As obras foram 100% conclúidas.\u003C\u002Fp>\u003Cp>FII com a estrutura similar a um CRI de estoque de unidades residenciais. O Fundo utiliza os recursos captados para adquirir unidades de empreendimentos verticais de alto padrão localizados majoritariamente na cidade de São Paulo e garantindo uma rentabilidade mensal, à título de prêmio, com aval da Helbor. Caso as unidades não sejam vendidas até uma data limite, as SPEs ainda possuem obrigação de recompra com coobrigação da Helbor.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_13_image_11.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_13_image_12.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_13_image_13.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>25E4068927\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>0,8%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Arqos\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>CDI+4,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>77%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>2,8\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>mai\u002F29\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Galleria Bank I e II\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>23K0022065\u002F24B1404723\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>3,6%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+9,43%\u002FIPCA+9,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>33%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>2,7 e 3,2\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>ago\u002F38 e nov\u002F28\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Sênior\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>23L1199759\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,5%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+9,50%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>2,6\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>abr\u002F33\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Mezanino\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>CRI para financiamento a obras de empreendimento de alto padrão localizado na região de Alphaville\u002FSP e desenvolvido pela incorporadora Arqos. A operação conta com as seguintes garantias: AF do imóvel objeto do empreendimento, CF dos recebíveis das vendas passadas e futuras, Aval dos sócios a ainda a AF de dois terrenos adjacentes avaliados em R$50 mm.\u003C\u002Fp>\u003Cp>Cessão de carteira de recebíveis de operações de Home Equity (empréstimos com imóvel em garantia) originadas pelo Galleria Bank.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_14_image_8.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_14_image_9.jpg\">\u003C\u002Fp>\u003Cp>Série mezanino de CRI (50% subordinação) lastreado em créditos imobiliários orginados da venda de unidades residenciais de loteamentos desenvolvidos pela Urba, que é uma companhia de desenvolvimento urbano do grupo MRV.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_14_image_11.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>Shopping Jaraguá\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Código IF:\u003C\u002Ftd>\u003Ctd>13F0056986\u003C\u002Ftd>\u003Ctd>% PL:\u003C\u002Ftd>\u003Ctd>2,4%\u003C\u002Ftd>\u003Ctd rowspan=\"4\">Operação cuja garantia é o Park Shopping Jaraguá do Sul, localizado emJaraguá do Sul, SC.Em 2022, o ativo foi adquirido pelo Grupo Partage, umdos principais players do setor. No momento da aquisição do CRI, ohistórico operacional recente tem apresentado melhoras expressivas,com redução na vacância e aumento do NOl. As principais garantas daoperação são a AF do Shopping, CF dos recebíveis das lojas e doestacionamento, Fiança do Grupo Partage e AF das quotas da SPEdetentora do ativo.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Shopping Jaraguá\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+9,45%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>76%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>4,7\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>dez\u002F35\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>23A1610639\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,6%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>TPPF\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+10,84%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>69%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>3,0\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>dez\u002F32\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>23D1515316\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,2%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>CSN\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+7,50%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>50%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>6,7\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>abr\u002F42\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>CRI para financiamento de obras de expansão do terminal portuário da Ponta do Felix (TPPF), em Paranaguá-PR. A operação conta com cessão de recebíveis de contratos Take-or-Pay firmados com empresas dos setores de cereais e de exportação de commodities.\u003C\u002Fp>\u003Cp>Emissão lastreada em contrato de locação atípico com a CSN S.A. uma das maiores companhias do setor de siderurgia da América Latina. O imóvel está localizado em região industrial no interior de São Paulo.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_15_image_8.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_15_image_9.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_15_image_10.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>Elleven Energy\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>23L2510336\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,9%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+11,50%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>4,6\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>dez\u002F38\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Sênior\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>23K2617033\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,1%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+10,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>3,7\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>jul\u002F34\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Sênior\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Outlet Premium Imigrantes\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>23G2239867\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,9%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>OPI Malls\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+8,50%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>50%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>5,1\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>jul\u002F38\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Operação para financiar desenvolvimento de 2 usinas fotovoltaicas. A energia será comercializada pela Matrix Energia, uma das maiores empresas do segmento de GD com faturamento de R$ 2,4bi e uma base de clientes bastante pulverizada.\u003C\u002Fp>\u003Cp>Operação para financiar desenvolvimento de 3 usinas fotovoltaicas. A operação conta com 20% de subordinação e, além das garantias usuais, como AF do direito real de uso de superfícies e fundos de reservas, obras e despesas, a operação conta com cláusula de Step-In no contrato que garante à Brasol o direito de comercializar a energia gerada em caso de default.\u003C\u002Fp>\u003Cp>CRI para financiamento de obras de expansão do Outlet Premium Imigrantes, localizado em São Bernardo do Campo, no ABC paulista. As obras já foram concluídas e a nova área se encontra operacional.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_16_image_10.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_16_image_11.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_16_image_12.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>Apeninos\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>24K2830257\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>3,6%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>CDI+6,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>68%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>2,3\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>Nov\u002F28\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Roldão\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>24A2579147\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,9%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Roldão\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+8,50%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>42%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>3,7\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>jan\u002F34\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Sênior\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Postos Aldo\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>24H0031235\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,4%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Grupo Aldo\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+9,98%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>70%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>3,3\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>Ago\u002F34\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Operação para financiar compra de terreno para desenvolvimento de empreendimento residencial de médio alto padrão no bairro do Paraíso, em São Paulo. As principais garantias da operação são: cessão fiduciária dos recebíveis oriundos das unidades vendidas, alienação fiduciária do terreno, alienação fiduciária de quotas da SPE, promessa de alienação fiduciária de unidades residenciais do empreendimento alvo e aval dos sócios PJ e PF.\u003C\u002Fp>\u003Cp>CRI para antecipação de fluxo de contrato BTS cujo inquilino é o Roldão Atacadista. O imóvel objeto da operação está localizado na cidade de São Paulo. Em maio\u002F25 as obras foram finalizadas e a loja já está operacional. Além de AF do imóvel e da CF dos recebíveis do contrato de aluguel com o Roldão, a operação também conta com coobrigação dos cedentes e fiança dos proprietários.\u003C\u002Fp>\u003Cp>O devedor da operação é o Grupo Aldo, que iniciou suas operações como posto de gasolina em 1966, e atualmente possui 17 de postos em 7 estados. Os recursos do CRI serão utilizados para a construção de quatro novas unidades, e conta como garantias a AF de imóveis com razão de 143% sobre o saldo devedor considerando o valor de liquidação forçada, além da cessão de recebíveis de contratos de aluguéis para o pagamento das PMTs mensais.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_17_image_11.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_17_image_12.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_17_image_13.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>Shopping Metrô Itaquera\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>24C1526928\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>5,2%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Shopping Metrô Itaquera\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+9,11%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>35%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>5,7\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>mar\u002F39\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>São Benedito\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>24C1693601\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,7%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>São Benedito\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>CDI+3,50%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>55%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>3,0\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>mar\u002F31\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Planova\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>24D3470125\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,8%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Planova\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>CDI+5,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>0,3\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>abr\u002F26\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Sênior\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Operação para antecipar o repasse de pagamento da concessão da operação do Shopping Metro Itaquera. O SMI é uma das principais referências comerciais da zona leste da cidade de São Paulo, registrando +23 milhões de visitantes\u002Fano. O CRI conta com cessão fiduciária dos recebíveis do Shopping, do estacionamento e da rodoviária, além da alienação fiduciária do direito de uso de superfície.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_18_image_9.jpg\">\u003C\u002Fp>\u003Cp>CRI emitido pela São Benedito, uma das principais incorporadoras da região Centro-Oeste do país. A operação conta com uma robusta estrutura de garantias que inclui a alienação fiduciária de dois galpões logísticos localizados em Cuiabá, além da cessão fiduciária dos recebíveis de dois empreendimentos residenciais de alto padrão localizados na mesma região.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_18_image_11.jpg\">\u003C\u002Fp>\u003Cp>A Planova é uma construtora fundada em 1975 e possui mais de 470 obras realizadas nos setores de Infraestrutura, Hospitalar, Linhas de Transmissão, entre outros. A operação é para financiamento de projeto e conta como principal garantia a cessão fiduciária de contrato de construção de linha de transmissão celebrado com a Engie.\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código IF:\u003C\u002Fth>\u003Cth>24E2453531\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,9%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+9,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>64%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>6,2\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>Jun\u002F41\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código B3:\u003C\u002Fth>\u003Cth>24I2268708\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>2,1%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>IPCA+ 10,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>70%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>6,4\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>Set\u002F41\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>FII São Benedito\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código B3:\u003C\u002Fth>\u003Cth>-\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>0,8%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>São Benedito\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>CDI+4,25%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>65%\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>Out\u002F29\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Única\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Cessão de carteira de recebíveis de loteamento realizado pela FGR Incorporações, empresa com extenso histórico no segmento de condomínios fechados com 44 empreendimentos lançados. O condomínio, localizado no Distrito Federal, já está com as obras concluídas e encontra-se 95% vendido.\u003C\u002Fp>\u003Cp>Operação para término de obras de loteamento desenvolvido pela FGR Incorporações. O condomínio Jardins Berlim, localizado em Goiânia, possuirá 599 lotes e está 98% vendido. O CRI conta com cessão da carteira de recebíveis (com promessa de alienação fiduciária dos lotes individualizados) obedecendo uma razão de garantia mínima de 140% sobre o saldo devedor.\u003C\u002Fp>\u003Cp>FII estruturado de forma semelhante a um CRI de estoque de unidades residenciais. O fundo emprega os recursos captados na aquisição de unidades em empreendimentos residenciais localizados em Cuiabá, e garante uma rentabilidade mensal à título de prêmio, com aval da São Benedito. Caso as unidades não sejam vendidas até uma data limite, as SPEs ainda possuem a obrigação de recompra, com a coobrigação da São Benedito.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_19_image_9.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_19_image_10.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_19_image_11.jpg\">\u003C\u002Fp>\u003Ch3>Paramis Hedge Fund PMIS11 – Detalhamento dos Ativos\u003C\u002Fh3>\u003Ch3>Metrocasa\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Código B3:\u003C\u002Fth>\u003Cth>25B2974587\u003C\u002Fth>\u003Cth>% PL:\u003C\u002Fth>\u003Cth>1,6%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Devedor:\u003C\u002Ftd>\u003Ctd>Metrocasa\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição:\u003C\u002Ftd>\u003Ctd>CDI+5,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV:\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>Duration:\u003C\u002Ftd>\u003Ctd>3,1\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento:\u003C\u002Ftd>\u003Ctd>Mar\u002F35\u003C\u002Ftd>\u003Ctd>Série:\u003C\u002Ftd>\u003Ctd>Sênior\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>FII Daycoval Retrofits\u003C\u002Fp>\u003Cp>Cessão de carteira de recebíveis pró-soluto de diversos empreendimentos MCMV da construtora Metrocasa, localizados principalmente no estado de São Paulo. A operação conta como principais garantias: (i) Fundo de Reserva de 6% do valor de emissão; (ii) Cota Subordinada de 36% do volume de emissão; (iii) Aval da Metrocasa e seus sócios PJ e PF.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_20_image_6.jpg\">\u003C\u002Fp>\u003Cp>FII negociado em bolsa de prazo determinado e focado na revitalização de um prédio residencial no bairro da Vila Mariana, em São Paulo. O projeto se encontra no início da fase de vendas e com obras avançadas, e a expectativa é de que o investimento se encerre dentro do ano de 2026, a depender da velocidade de vendas e das condições de mercado.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_20_image_8.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_20_image_9.jpg\">\u003C\u002Fp>\u003Ch3>PARAMIS\u003C\u002Fh3>\u003Ch3>CAPITAL\u003C\u002Fh3>\u003Cp>O \u003Cstrong>Grupo Paramis Capital\u003C\u002Fstrong> foi fundado no ano de 2007 no Rio de Janeiro por executivos do mercado financeiro e de capitais. A empresa possui como foco a estruturação de operações financeiras de equity e dívida para diversos setores, com maior foco no \u003Cstrong>setor imobiliário e agro.\u003C\u002Fstrong> Sua equipe é formada por profissionais com experiência no mercado de capitais e imobiliário.\u003C\u002Fp>\u003Cp>Durante seus \u003Cstrong>18 anos de atuação,\u003C\u002Fstrong> o Grupo já originou e estruturou mais de \u003Cstrong>R$ 4,7 bilhões\u003C\u002Fstrong> em operações de mercado de capitais que foram investidas principalmente por \u003Cstrong>diversos players locais como family offices, asset managements, bancos e outros investidores institucionais.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_21_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>+ R$ 4,7 Bilhões\u003C\u002Fstrong> em Operações Realizadas\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_21_image_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>24 Estados\u003C\u002Fstrong> Abrangência Nacional\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_21_image_8.jpg\">\u003C\u002Fp>\u003Cp>18 Anos Gerando Valor\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_21_image_10.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>+ 100 Operações\u003C\u002Fstrong> Concretizadas\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_21_image_12.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>+ R$ 2 Bilhões\u003C\u002Fstrong> Sob Gestão em Fundos\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16540\u002Fpage_21_image_14.jpg\">\u003C\u002Fp>\u003Cul>\u003Cli>30 Colaboradores com presença no RJ e SP\u003C\u002Fli>\u003C\u002Ful>\u003Cp>Conheça mais sobre a Paramis e outras estratégias de gestão da casa:\u003C\u002Fp>\u003Cp>\u003Cu>https:\u002F\u002Fparamis.com.br\u003C\u002Fu>\u003C\u002Fp>\u003Ch3>PARAMIS CAPITAL\u003C\u002Fh3>\u003Cp>E-mail para contato: ri@paramis.com.br\u003C\u002Fp>\u003Cp>\u003Cstrong>Rio de Janeiro\u003C\u002Fstrong> Rua Lauro Muller, 116 Sala 3305 I Botafogo I RJ CEP 22290-972\u003C\u002Fp>\u003Cp>\u003Cstrong>São Paulo\u003C\u002Fstrong> Rua Gomes de Carvalho, 1069 12° andar | Vila Olímpia CEP 04547-004\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FPMIS11\u002Fdocumentos\u002F16540\u002Fpdf",false,"2025-12-31","2026-01-08 19:06:00",{"id":98,"empresa":99,"gestor":103,"cotacoes":109,"patrimonio":218,"vpa":219,"p_vpa":220,"tipo_gestao":221,"mandato":222,"segmento":223,"categoria":57,"grupo":57,"preco_atual":216,"cotacao_atualizada_em":224,"ultima_variacao_cotacao_24h":225,"variacao_cotacao_7d":226,"variacao_cotacao_1m":227,"variacao_cotacao_3m":228,"variacao_cotacao_6m":229,"variacao_cotacao_12m":230,"vacancia_fisica":222,"liquidez_atual":231,"ultimo_dividendo":232,"ultimo_dividend_yield":233,"mes_pagamento_ultimo_dividendo":234,"dividend_yield_3m":235,"dividend_yield_6m":236,"dividend_yield_12m":237,"dividend_yield_medio_12m":238,"qtd_dividendos_pagos_ano_passado":239,"data_ultima_cotacao":214,"pregoes_com_negocio_21":240,"alertas":241,"updated_at":242,"liquidez_media_reais":243,"administrador":48,"taxa_administracao_paga":244,"balanco":245,"resultado_distribuido":252,"publico_alvo":257,"mercados_negociacao_cotas":258,"data_funcionamento":261,"data_final":222,"quantidade_cotas":262,"quantidade_cotistas":263,"detalhes_cotistas":264,"total_investido":268,"investimentos_fundo":269,"imoveis":273,"contratos":222,"custodiante":275,"auditor_independente":282,"formador_mercado":222,"distribuidor_cotas":222,"consultor_especializado":222,"administrador_locacoes":222,"relatorio_anual":288,"analise_administrador":291},821,{"nome":55,"nome_simplificado":100,"nome_comercial":52,"ticker":54,"nome_ticker":101,"nome_pregao":102,"cnpj":62},"PARAMIS HEDGE FUND   RESPONSABILIDADE LIMITADA","PMIS11 - PARAMIS HEDGE FUND FUNDO DE INVESTIMENTO IMOBILIÁRIO - FII RESPONSABILIDADE LIMITADA","FII PMIS",{"id":104,"nome":42,"cnpj":105,"endereco":106,"telefone":107,"created_at":108,"updated_at":108},237,"12417157000104","Rua Lauro Muller, 116, Sala 3305, Botafogo, Rio de Janeiro\u002FRJ CEP 22290-906","(21) 3043-0761","2026-10-03T19:35:17.000000Z",[110,116,122,127,132,136,141,147,153,157,163,169,173,179,185,190,195,201,207,212],{"id":111,"data":112,"abertura":113,"ultimo":114,"volume":115},3288842,"2026-10-06",7.6,7.65,31108,{"id":117,"data":118,"abertura":119,"ultimo":120,"volume":121},3289720,"2026-10-07",7.68,7.85,16691,{"id":123,"data":124,"abertura":120,"ultimo":125,"volume":126},3290468,"2026-10-08",7.81,9843,{"id":128,"data":129,"abertura":125,"ultimo":130,"volume":131},3291180,"2026-10-09",7.82,14473,{"id":133,"data":134,"abertura":130,"ultimo":120,"volume":135},3357071,"2026-10-13",7550,{"id":137,"data":138,"abertura":130,"ultimo":139,"volume":140},3375751,"2026-10-14",7.92,48897,{"id":142,"data":143,"abertura":144,"ultimo":145,"volume":146},3376580,"2026-10-15",7.95,8.04,34716,{"id":148,"data":149,"abertura":150,"ultimo":151,"volume":152},3377031,"2026-10-16",8.05,7.96,7496,{"id":154,"data":155,"abertura":139,"ultimo":139,"volume":156},3445168,"2026-10-19",8585,{"id":158,"data":159,"abertura":160,"ultimo":161,"volume":162},3446691,"2026-10-20",7.98,8,7972,{"id":164,"data":165,"abertura":166,"ultimo":167,"volume":168},3459366,"2026-10-21",7.94,7.97,15406,{"id":170,"data":171,"abertura":144,"ultimo":161,"volume":172},3473756,"2026-10-22",34247,{"id":174,"data":175,"abertura":176,"ultimo":177,"volume":178},3488264,"2026-10-23",8.01,8.06,40487,{"id":180,"data":181,"abertura":182,"ultimo":183,"volume":184},3566284,"2026-10-26",7.9,7.55,75188,{"id":186,"data":187,"abertura":183,"ultimo":188,"volume":189},3580252,"2026-10-27",7.48,10209,{"id":191,"data":192,"abertura":183,"ultimo":193,"volume":194},3594079,"2026-10-28",7.39,200717,{"id":196,"data":197,"abertura":198,"ultimo":199,"volume":200},3609165,"2026-10-29",7.5,7.36,9198,{"id":202,"data":203,"abertura":204,"ultimo":205,"volume":206},3624801,"2026-10-30",7.4,7.35,12337,{"id":208,"data":26,"abertura":209,"ultimo":210,"volume":211},3682051,7.26,7.16,13892,{"id":213,"data":214,"abertura":215,"ultimo":216,"volume":217},3695744,"2026-11-04",7.14,7.21,8463,139159000.12,9.4,"0.77","Ativa",null,"Outros","2026-11-05 09:00","0.0070","-0.0204","-0.0575","-0.0661","-0.0965","-0.0756",86,"0.0920","0.0125","Nov\u002F2026","0.0383","0.0775","0.1573","0.0118",12,21,[],"05\u002F11\u002F2026 06:00",231409.5,0.000857006253518887,{"data_referencia":246,"ativo":247,"passivo":248,"obrigacoes_imoveis":249,"obrigacoes_securitizacao":249,"liquidez":250,"valores_receber":251},"2026-09-01",140674369.04,1515368.92,0,22300962.27,217208.18,{"data_referencia":253,"resultado":254,"rendimentos":255,"percentual":256},"2026-06-30",8848363.39,8275012.8405,0.9352026443502565,"Investidores em Geral",[259,260],"Bolsa","MBO","2023-08-18",14803242,6208,{"Pessoa Física":265,"Pessoa jurídica não financeira":266,"Outros fundos de investimento":267,"Fundos de investimento imobiliário":161,"Investidores não residentes":73,"Entidade aberta de previdência complementar":73,"Banco Comercial":70,"Outras pessoas jurídicas financeiras":70,"Outros tipos de cotistas não relacionados":70},6145,37,11,118156198.59,{"CRI \u002F CRA":270,"Cotas de FIIs":271,"Ações de sociedades imobiliárias":272},101596980.99,13510524.75,3048692.85,{"vacancia_total":249,"lista_imoveis":274,"data_referencia":253,"vacancia_suspeita":94},[],{"id":276,"nome":277,"cnpj":278,"endereco":279,"telefone":280,"created_at":281,"updated_at":281},28,"Oliveira Trust DTVM S.A.","36113876000191","Cidade do Rio de Janeiro, Estado do Rio de Janeiro, na Avenida das América, n.º 3.434, bloco 07, Sala 201, Barra da Tijuca, cep: 22640-102","(21) 3514 - 0000","2026-10-03T18:51:45.000000Z",{"id":77,"nome":283,"cnpj":284,"endereco":285,"telefone":286,"created_at":287,"updated_at":287},"PRICEWATERHOUSECOOPERS AUDITORES INDEPENDENTES LTDA.","61562112000120","Avenida Brigadeiro Faria Lima, 3732, Edifício B32, 16º andar - Itaim Bibi, São Paulo - SP, 04538-132","(11) 4004-8000","2026-06-07T17:17:20.000000Z",{"ano_referencia":289,"data_disponibilizacao":290},"2026","2026-09-27",{"ResultadoFundo":292,"ConjunturaEconomica":293,"PerspectivaPeriodoSeguinte":294},"No ano, o resultado gerado pelas carteira de ativos do fundo foi de R$ 0,119\u002Fcota, o que na visão do gestor é aderente aos objetivos de rentabilidade projetados no ano anterior e às condições de mercado ao longo do período.","No período analisado, a inflação desacelerou no segundo semestre de 2025. A partir de março de 2026, porém, o conflito no Oriente Médio pressionou os preços de combustíveis e alimentos, e o IPCA em 12 meses chegou a superar o teto da meta, encerrando junho em 4,64%. O Relatório Focus de 10 de agosto de 2026 projeta um IPCA de 5,02% para 2026 e de 4,20% para 2027. O Copom manteve a Selic em 15,00% ao ano até março de 2026, quando iniciou um ciclo gradual de cortes, e a taxa encerrou o período em 14,25%, com projeção de 13,75% ao fim de 2026 e de 12,00% ao fim de 2027. No mercado imobiliário, a atividade se manteve resiliente apesar dos juros elevados. O segmento econômico, apoiado pelo Minha Casa, Minha Vida, sustentou o crescimento de lançamentos e vendas, enquanto o médio e alto padrão sentiu mais o custo do crédito. O financiamento imobiliário cresceu 23% no primeiro semestre de 2026, mas a captação negativa da poupança reforça a importância do mercado de capitais como fonte de funding para o setor. A Gestora avalia que a flexibilização monetária tende a melhorar gradualmente as condições de crédito e demanda, e seguirá priorizando operações com garantias robustas e devedores com sólida capacidade de pagamento.","Segundo o Relatório Focus do Banco Central, divulgado em 10 de agosto de 2026, a mediana das projeções dos economistas de mercado indica um IPCA de 5,02% em 2026 e de 4,20% em 2027. As expectativas seguem acima do teto da meta, pressionadas pelos efeitos do conflito no Oriente Médio sobre combustíveis e alimentos. O Copom iniciou em março de 2026 um ciclo gradual de redução da Selic, que encerrou o período em 14,25% ao ano. As expectativas de mercado apontam para uma taxa de 13,75% ao final de 2026 e de 12,00% ao término de 2027. Nesse cenário, a parcela pós-fixada do fundo deve continuar se beneficiando de juros ainda elevados, embora em patamar gradualmente menor. Já a parcela atrelada ao IPCA tende a contribuir positivamente para a rentabilidade, dada a expectativa de inflação ainda pressionada no curto prazo."]