BTG Pactual’s global designs take shape

The Brazilian investment bank has hired some big-name bankers, many from UBS, and wants to develop business linking Latin America with European and Asian investors and corporates. Can its fruitful partnership structure survive if it undertakes an IPO? Chloe Hayward reports.

BRAZIL’S NEWEST INVESTMENT bank can already call on an impressive list of individuals to power it ahead. They include a former central bank governor (Persio Arida), a former chief executive of a global investment bank (Huw Jenkins), and Brazil’s youngest billionaire (Andre Esteves). With these three men at the helm at BTG Pactual, it’s not surprising the firm has ambitious plans to become a force not just in Brazil but also in the emerging markets generally.

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