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Tendências Consultoria Econômica

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  • Home
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  • Solutions
    Law and Economics
    • Valuation of Legal Actions
    • Litigation and Arbitration
    • Competition Defense
    • Trade Defense
    • Regulatory Studies
    • Expertise and Technical Assistance
    • Contract Rebalancing
    • Tax
    Corporate Finance
    • M&A Transaction Advisory
    • Litigation Valuation
    • Technical, Economic, and Financial Feasibility Study (EVTE)
    • Optimal Capital Structure
    • ESG Integration in Financial Analysis
    • Valuation Reports
    • Commercial and Hedge Optimization
    • Tax Payment Optimization (ICMS and Other Taxes)
    • Regulatory Valuation
    Infrastructure
    • Concessions and PPPs
    • Socio-Economic Impact Studies
    • Project Structuring
    • Technical, Economic, and Financial Feasibility Study (EVTE)
    • Demand Forecasting
    Macroeconomics and Politics
    • Political Analysis
    • International Context Analysis
    • Economic Scenario Development
    • Economic Variable Projections
    • Meetings and Lectures
    Sectorial and Regional Analysis
    • Income and Consumption Class Analysis
    • Regional Analysis
    • Sectoral Analysis
    • Sectoral Index Development
    • Demand Forecasting
    • Input Price Projections
    • Meetings and Lectures
  • Content
  • Contact
  • Tax Reform
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The most complete and renowned economic consultancy in Brazil

Since 1996, Tendências Consultoria has been serving clients in various sectors and activities, developing solutions for a wide range of complex cases involving economic analysis.

Solutions

Explore our solutions to see how we can help you

Tendências Consultoria

We offer economic and financial consulting in judicial, arbitral, administrative, and tax proceedings, assisting our clients and their lawyers in the preparation of economic opinions and studies, as well as providing technical assistance regarding the economic aspects of the processes.


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We prepare customized studies to evaluate assets and contribute to the implementation of business opportunities, as well as to raise capital for shareholders and investors.


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We conduct studies and projects on demand, providing solutions for economic, financial, and regulatory issues related to infrastructure. We have expertise in concessions and Public-Private Partnerships (PPPs) in transport, sanitation, energy, and telecommunications sectors, among others.


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Systematic and technical monitoring allows us to offer clear and objective analysis of political and economic data and events, both domestic and international, and their impact on key economic variables, enabling clients to anticipate market movements and trends, thus facilitating decision-making.


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We analyze the supply and demand dynamics and trends of the economy’s main production chains, supporting clients in the areas of strategic planning, new business, credit, market intelligence, and procurement. Our multi-sectoral coverage, combined with macroeconomic analysis, provides a complete and consistent solution with forecasts and scenarios for different sectors.


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Experience

We have been in the market for more than 28 years, working with clients from various profiles and sectors.

Tendências Consultoria
Credibility

We combine the deep knowledge and experience of our partners with the qualifications of a renowned multidisciplinary team with solid academic background.

Tendências Consultoria
Indenpendence

Our work is guided by neutrality, objectivity, and high level of technical rigor, being recognized as an independent and reliable source by the main media outlets in the country.

Tendências Consultoria
Integration

We offer solutions that combine data analysis technology with high technical and analytical capacity in all areas of economic-financial knowledge.

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FEBRABAN

"For several years, we have relied on Tendências Consultoria for the preparation of technical and economic studies and reports on various topics related to the financial sector, particularly in the areas of credit, economics, taxation, and regulation. Our experience has been highly positive, given the team's high level of commitment, understanding, and technical expertise, which translates into timely delivery and the quality of the materials produced. These works have proven to be robust and extremely useful in supporting and facilitating institutional discussions within our organization. This leaves us highly satisfied and confident in choosing Tendências for any additional studies we may require in the future."

FEBRABAN

Deputy Risk Director

ABCR – Melhores Rodovias do Brasil

"Since 1999, Tendências has been working with the highway concessions sector, contributing to the development and monitoring of the ABCR Index, an important economic indicator that, in 2012, was incorporated into the calculation of the Gross Domestic Product (GDP) by IBGE. Tendências has also been a partner of ABCR - Melhores Rodovias do Brasil in various other technical studies, providing highly relevant economic information and analyses, such as the recent study on the surge in road construction material costs during the COVID-19 pandemic."

ABCR – Melhores Rodovias do Brasil

Chief Executive Officer (CEO)

Tendências' Highlights

Projects
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Reports, opinions, studies, projects, and regular services meeting customized client demands

Clients
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We serve national and international companies, organizations, and class associations in various sectors and activities

Years
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Extensive experience consolidated in developing well-founded and consistent analyses and projections, as well as in preparing clear and didactic reports

TOP 5

Ranking

Consistently ranked in the Central Bank’s Top 5 and the Ministry of Finance’s Prisma Fiscal rankings for market projection accuracy.

Recognized by Leaders League as a leading firm in Best Litigation Support: Economics since 2018.

Recognized as one of the world’s top consultancies by the Global Competition Review (GCR).

Partners

Meet the people who make Tendências Consultoria happen

Gustavo Loyola
Mailson da Nóbrega
Nathan Blanche
Ernesto Guedes
Alessandra Ribeiro
Denise de Pasqual
Camila Saito
Rafael Cortez
Fabiana Tito
Silvio Campos Neto
Walter de Vitto

Gustavo Loyola

CEO and member of Tendências' Advisory Board, holds a Ph.D. in Economics from EPGE-FGV, and served twice as president of Brazil’s Central Bank. Named "Economist of the Year" in 2014 by the Brazilian Order of Economists.

Mailson da Nóbrega

Founding Partner of Tendências, economist, former Minister of Finance, chaired the Monetary Council and Confaz, and served on the boards of the IMF, World Bank, and IDB. Named "Economist of the Year" in 2013 by the Brazilian Order of Economists and authored six books.

Nathan Blanche

Founding Partner and member of Tendências’ Advisory Board, is a financial market entrepreneur and former president of ANORO. He has dedicated himself to the standardization and development of gold and foreign exchange markets, including futures markets.

Ernesto Guedes

Founding Partner, Director, and member of Tendências' Advisory Board, leads the Custom Studies team. He holds a degree in Economics from the University of São Paulo (FEA/USP) and a master’s degree from the same institution, with over 30 years of experience in economic consultancy.

Alessandra Ribeiro

Partner and Director of Macroeconomics and Sectoral Analysis at Tendências, holds a master’s degree in Economics and Finance from Fundação Getulio Vargas (FGV) and a degree in Economics from Unicamp. She previously worked at Bovespa (currently B3) and serves as a counselor at the Regional Council of Economics (Corecon-SP), 2022-2024.

Denise de Pasqual

Founding Partner and Director of Institutional Relations at Tendências, holds a postgraduate degree in financial sector economics from Fipe-USP and a specialization in Administration for Graduates from CEAG-FGV, and an economics degree from FEA-USP. She worked as a researcher at Fipe and IESP.

Camila Saito

Partner at Tendências, holds a master's degree in Economics from FGV-SP. At Tendências, she is responsible for regional scenarios and income classes studies.

Rafael Cortez

Partner and political scientist at Tendências, holds a PhD and master's degree in Political Science from USP. He is a professor of the master's course in Law, Justice, and Development at IDP-SP and a guest professor at FGV-SP.

Fabiana Tito

Partner and Director of New Business at Tendências, holds a PhD in Economic Theory from FEA-USP, a Master's in Competition and Regulation Economics from Universitat Pompeu Fabra and Universitat Autònoma de Barcelona (Spain), and an economics degree from FEA-USP. She is internationally recognized in Competition Defense by Who’s Who Legal Thought Leaders, Director of Economics at IBRAC, Director of WIA – Women in Antitrust, and Non-Governmental Consultant of the International Competition Network (ICN). Listed in the Corporate & Finance Leading Women by Leaders League Brazil (position 28 out of 50).

Silvio Campos Neto

Partner and senior economist at Tendências, holds a master's degree in Economics from FGV-SP and teaches macroeconomics at Oswaldo Cruz Colleges. At Tendências, he is responsible for monetary policy, markets, and international economics.

Walter de Vitto

Partner at Tendências, holds a master's degree in Economics from FEA-USP. At Tendências, he is responsible for market intelligence studies in supplies, and the electricity and oil & gas sectors.

Blog

Reforma tributária

O impacto da Reforma Tributária nas empresas com regime de lucro presumido

Apesar das simplificações propostas pela Reforma Tributária, ainda restam algumas dúvidas quanto à sua aplicação, especialmente…

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Newsroom

Desafio: como fica a relação com investidores em meio a tantas mudanças…

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Expansionismo fiscal cria cenário instável, diz Edward Amadeo – Valor Econômico

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  • +55 11 3052-3311
  • +55 11 91445-5450
  • [email protected]

Avenida 9 de Julho, n° 3.624, 12º andar, Edifício Torre DGN 360°, Jardim Paulista, São Paulo – SP, 01406-000

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