Niterói Sovereign Fund Profile

Official name: Fundo de Equalização da Receita

Translated name: Revenue Equalization Fund

Type: Financial

Activity: Regional

Head Office: Municipality of Niterói, Rio de Janeiro, Brazil

Founded: 2019

Fund’s Aim: To ensure long-term fiscal stability, expand the economic matrix and grant financial autonomy to the municipality

Source of funds: Oil royalties

Assets: 203.640.279,75 USD (2023)