<?xml version="1.0" ?>
<proxyVoteTable xmlns="http://www.sec.gov/edgar/document/npxproxy/informationtable">
  <proxyTable>
    <issuerName>SUZANO SA ADR</issuerName>
    <cusip>86959K105</cusip>
    <isin>US86959K1051</isin>
    <meetingDate>04/23/2026</meetingDate>
    <voteDescription>Fix the global annual compensation of the Board of Directors, the Executive Officers and the Fiscal Council (if installed).</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>74744</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>74744</sharesVoted>
        <managementRecommendation>NONE</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>VISA INC-CLASS A</issuerName>
    <cusip>92826C839</cusip>
    <isin>US92826C8394</isin>
    <meetingDate>01/27/2026</meetingDate>
    <voteDescription>Advisory vote to approve Named Executive Officer compensation (say-on-pay).</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>10200</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>10200</sharesVoted>
        <managementRecommendation>NONE</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>COSAN SA ADR</issuerName>
    <cusip>22113B103</cusip>
    <isin>US22113B1035</isin>
    <meetingDate>04/30/2026</meetingDate>
    <voteDescription>Fix the global annual compensation of management and the Board of Directors/Fiscal Council for FY2026.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>271941</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>271941</sharesVoted>
        <managementRecommendation>NONE</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>ULTRAPAR PARTICPAC</issuerName>
    <cusip>90400P101</cusip>
    <isin>US90400P1012</isin>
    <meetingDate>04/15/2026</meetingDate>
    <voteDescription>Approve the global annual compensation limit for the Company's management of R$105,000,000.00 for the period from May 2026 to April 2027.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>9023317</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>9023317</sharesVoted>
        <managementRecommendation>NONE</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>SUZANO SA ADR</issuerName>
    <cusip>86959K105</cusip>
    <isin>US86959K1051</isin>
    <meetingDate>04/23/2026</meetingDate>
    <voteDescription>Fix the global annual compensation of the Board of Directors, the Executive Officers and the Fiscal Council (if installed).</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>269803</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>269803</sharesVoted>
        <managementRecommendation>NONE</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>BERKSHIRE HATHA</issuerName>
    <cusip>084670108</cusip>
    <isin>US0846701086</isin>
    <meetingDate>05/02/2026</meetingDate>
    <voteDescription>Advisory vote on the frequency (every 1, 2 or 3 years) of future say-on-pay votes.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>23177</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>23177</sharesVoted>
        <managementRecommendation>NONE</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>BERKSHIRE HATHA</issuerName>
    <cusip>084670108</cusip>
    <isin>US0846701086</isin>
    <meetingDate>05/02/2026</meetingDate>
    <voteDescription>Advisory vote to approve, on an advisory basis, the compensation of Named Executive Officers (say-on-pay).</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>23177</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>23177</sharesVoted>
        <managementRecommendation>NONE</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>MICROSOFT CORP</issuerName>
    <cusip>594918104</cusip>
    <isin>US5949181045</isin>
    <meetingDate>12/05/2025</meetingDate>
    <voteDescription>Advisory vote to approve Named Executive Officer compensation (say-on-pay).</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>24800</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>24800</sharesVoted>
        <managementRecommendation>NONE</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>BERKSHIRE HATHA</issuerName>
    <cusip>084670702</cusip>
    <isin>US0846707026</isin>
    <meetingDate>05/02/2026</meetingDate>
    <voteDescription>Advisory vote on the frequency (every 1, 2 or 3 years) of future say-on-pay votes.</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>10</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>10</sharesVoted>
        <managementRecommendation>NONE</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
  <proxyTable>
    <issuerName>BERKSHIRE HATHA</issuerName>
    <cusip>084670702</cusip>
    <isin>US0846707026</isin>
    <meetingDate>05/02/2026</meetingDate>
    <voteDescription>Advisory vote to approve, on an advisory basis, the compensation of Named Executive Officers (say-on-pay).</voteDescription>
    <voteCategories>
      <voteCategory>
        <categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
      </voteCategory>
    </voteCategories>
    <sharesVoted>10</sharesVoted>
    <sharesOnLoan>0</sharesOnLoan>
    <vote>
      <voteRecord>
        <howVoted>Abstain</howVoted>
        <sharesVoted>10</sharesVoted>
        <managementRecommendation>NONE</managementRecommendation>
      </voteRecord>
    </vote>
  </proxyTable>
</proxyVoteTable>
