Founded in 2006, HSI Investimentos is a specialist in alternative investments, with a focus on real estate, private credit, and structured funds. The firm has approximately R$13.1 billion under management and more than 245,000 investors.
HSI manages three funds included in the IFIX index:
- HSML11, a shopping mall fund with strong exposure to core urban retail,
- HSLG11, a logistics FII with a growing national footprint, and
- HSAF11, a smaller credit fund focused on real estate-backed securities.
HSML11 is its largest FII and is also a component of the HERT11 ETF.
The firm emphasizes active management and deep sector expertise.
You can visit HSI Investimentos’ website here.
Last updated June 28, 2025.
🔍 Key FIIs Managed by HSI
| Ticker | Fund Name | Segment | Market Capitalization |
|---|---|---|---|
| HSML11 | HSI Malls | Shopping | R$1.8B |
| HSLG11 | HSI Log | FIIs Logísticos | R$1.0B |
| HSAF11 | HSI Ativos Financeiros | CRI | R$0.2B |
📊 Real Estate Investment Strategy
HSI Investimentos applies an active management approach across a focused lineup of real estate and credit funds.
HSML11 and HSLG11 invest in stabilized retail and logistics assets, while HSAF11 provides exposure to credit backed by real estate. The firm participates in both public and private segments of the market, with a track record in niche strategies and alternative structures.