Ilhabela Sovereign Wealth Fund Profile

Official name: Fundo Soberano do Município da Estância Balneária de Ilhabela

Translated name: Sovereign Wealth Fund of the Municipality of the Seaside Resort of Ilhabela

Type: Financial

Activity: Regional

Head Office: Municipality of Ilhabela, São Paulo, Brazil

Founded: 2018

Fund’s Aim: Promote projects of strategic interest to the Municipality of Ilhabela and mitigate cyclical economic effects

Source of funds: Oil royalties

Assets: 91.869.165,80 USD (2023)