Fellowship
Fellow
Class
19
Current Firm
Indicator Capital
Location
Brazil

Derek Bittar

Fellowship
Fellow
Class
19
Current Firm
Indicator Capital
Location
Brazil
Education

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.

Professional

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. 

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. 

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.

Fellowship

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