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Brazil's Rio state pension fund secured court‑ordered rescue of R$ 481.5 million invested with Master
The Procuradoria‑Geral do Estado do Rio (PGE‑RJ) obtained a judicial order obligating Master Corretora and its partner Acura Gestora de Recursos to return the R$ 481.5 million that the Rio state pension fund (Rioprevidência) had placed in the Fundo Revolution. The decision, issued by the 10ª Vara da Fazenda Pública da Capital, also mandates an independent external audit of the fund’s assets and imposes a precautionary block on the assets of Acura and its directors up to the invested amount.
The court ordered that the full rescind of the investment be effected, with liquidation scheduled for 17 August 2026. Master Corretora must deliver an audit report within 15 days, and any action that could delay or impede the rescue has been expressly prohibited.
Entities
Acura Gestora de Recursos · Fundo Revolution · Judge Aline Massoni · Master Corretora · Rioprevidência
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] The liquidation of the investment is scheduled for 17 August 2026. paraonline.com.br · jblog.com.br · mrnews.com.br
- [● 3 SOURCES] Rioprevidência invested R$ 481.5 million in the Fundo Revolution managed by Master Corretora. paraonline.com.br · jblog.com.br · mrnews.com.br
- [● 3 SOURCES] Master Corretora must submit an independent audit report within 15 days. paraonline.com.br · jblog.com.br · mrnews.com.br
- [● 3 SOURCES] The court ordered an independent external audit of the Fundo Revolution’s assets. paraonline.com.br · jblog.com.br · mrnews.com.br
- [● 3 SOURCES] The 10ª Vara da Fazenda Pública da Capital issued a judicial order for the full rescind of Rioprevidência’s investment. paraonline.com.br · jblog.com.br · mrnews.com.br
- [● 3 SOURCES] The court imposed a precautionary asset block on Acura Gestora de Recursos and its directors up to the amount invested. paraonline.com.br · jblog.com.br · mrnews.com.br