Dynamo Letters2025-06-24T09:05:57-03:00

In addition to our usual communication channels with our fund’s unitholders, we have been writing — since the inception of Dynamo Cougar — the Dynamo Letter.

The Dynamo Letter is a publication issued four times a year, in which we analyse topics related to the capital markets and our investments.

Below, you may download the most recent Dynamo Letters. To ensure you receive future publications, subscribe via the Mailing menu.

Letter 118 – Our Synthesis: a Photo

Still on the topic of climate, presents a few notes from a conference on carbon capture and comments on the opportunities for “nature-based solutions” in our country.

Letter 117 – The Other Complexity

Suggests an alternative approach to managing complexity in companies.

Letter 116 – The Web of Complexity

Examines the origins and effects of complexity in companies.

Letter 115 – Dispersed Ownership and Control Revisited (II)

Resumes the subject of the previous Report updating the situation of the control and concentrated ownership regime.

Letter 114 – Dispersed Ownership and Control Revisited (I)

Considers corporate governance issues under the regime of dispersed ownership

Letter 113 – Climate: The Price of Conquest

Discusses carbon prices and carbon markets: their importance and implications

Letter 112 – In Times of Climate Change

On climate action urgency and challenges.

Letter 111 – In Company with the Forest

Resumes and concludes the narrative of our investment in Suzano.

Letter 110 – The Nature of the Tree

Narrates Suzano´s journey, from the entrepreneurship of the beginnings to the current possibilities of its platform of technological innovations.

Letter 109 – Fragments

Addresses the consequences of recent transformations in different dimensions of companies ecosystem.

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