Derek Bittar

Derek holds an MBA from the Wharton School of the University of Pennsylvania with a major in general management. He holds a Bachelor's degree in economics from PUC of Rio de Janeiro. In addition to his native Portuguese, Derek is fluent in English, German, and French.

Derek Lundgren Bittar is a co-founding partner of IndicatorCapital, an early-stage VC firm based in Sao Paulo, Brazil. IndicatorCapital is an equal partnership that envisions to be recognized as "investors for the good". The firm promotes a convergence among the entrepreneur's dream, the venture's success, and return of investors' capital by offering effective tools of operations, management, disruptive vision, partnership, and durable value creation. 

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Derek is in charge of the fund's infrastructure, investment process, legal framework, and governance. He is a board observer at portfolio company Medicinia, the first cross-platform technology that efficiently distributes critical information to doctors, patients, and staff of a hospital or healthcare institution. Before co-founding IndicatorCapital, Derek occupied a senior position as long-term equity investor for Itau Asset Management and has gathered 13 years of industry experience. 

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As an individual, Derek is chairman of his family's business council. Founded by a Swedish immigrant, Pernambucanas is a 105-year-old Brazilian retail company that has been under the family's ownership since its establishment.

A member of Class 19, Derek served his fellowship at IndicatorCapital under the mentorship of Thomas Bittar, his brother and co-founding partner.