Success is a road, not a destination
Derek Lundgren Bittar
Derek Lundgren Bittar
Co-Founder and General Partner


Derek is a co-founder and General Partner of Indicator Capital. He is responsible for the data-driven investment process, which turns opportunities into investments. As an equity portfolio manager, he built a successful track record with value funds, working in companies such as Itaú Asset Management, Santander Asset Management, Safra Asset Management, and BBA Investimentos. After 13 years working with third-party investments, he developed a passion for angel investing and eventually took the leap of faith to start Indicator Capital.

Personal Achievements

Derek is a proud dad and husband. He is an ultra-endurance cyclist and participates in long-distance crossings like Haute Route, with the current challenge to complete the Cent Cols Challenge — as soon as COVID allows 🙏🏼

Wharton School, University of Pennsylvania, MBA 2008

Society of Kauffman Fellows, Fellow class 19

PUC-RJ (Catholic University in Rio de Janeiro), BA in Economics

Fluent in Portuguese, German, French, and English

Portfolio Companies

Health Care


Thank you for visiting my profile! I’m happy to connect over LinkedIn, so please don’t hesitate to reach out.
All the best,

Derek Lundgren Bittar