São Paulo - Delayed Quote BRL

Banco BTG Pactual S.A. (BPAC11.SA)

34.10

+1.50

(+4.60%)

At close: April 26 at 5:07 PM GMT-3

Acai chain Oakberry raises $67 million from BTG funds in global expansion boost

Brazilian fast-food chain Oakberry has raised 325 million reais ($66.60 million) in an investment round led by BTG Pactual-managed funds, it said on Friday, boosting a global expansion plan that should see it open 300 stores by the end of 2024. Oakberry, founded in 2016 and already backed by asset manager Kilima Asset, sells acai bowls in more than 40 countries, including the United States, Saudi Arabia, the United Kingdom and France. With the money raised from the funds managed by BTG Pactual, Latin America's largest investment bank, the company plans to turbocharge international growth, with a focus on the U.S. market.

Reuters 4 months ago

^YH103
Acai chain Oakberry raises $67 mln from BTG funds in global expansion boost

Brazilian fast-food chain Oakberry has raised 325 million reais ($66.60 million) in an investment round led by BTG Pactual-managed funds, it said on Friday, boosting a global expansion plan that should see it open 300 stores by the end of 2024. Oakberry, founded in 2016 and already backed by asset manager Kilima Asset, sells acai bowls in more than 40 countries, including the United States, Saudi Arabia, the United Kingdom and France. With the money raised from the funds managed by BTG Pactual , Latin America's largest investment bank, the company plans to turbocharge international growth, with a focus on the U.S. market.

Reuters 4 months ago

^YH103
UPDATE 2-BTG buys Orama as Brazil's financial sector consolidation continues

Brazilian investment bank BTG Pactual on Monday announced a deal to buy brokerage Orama DTVM, in yet another sign of consolidation in the sector that saw several finance companies acquired by larger rivals in recent years. The agreement adds to a number of acquisitions recently closed by BTG, including those of brokers Planner and Elite and holding group Universa, while rivals such as XP Inc also remained active in the mergers and acquisition market.

Reuters 6 months ago

BPAC11.SA
+4.60%
BTG's Esteves sees potential faster pace in Brazil rate cuts

Brazil's central bank is well on track to cut interest rates in August, said the chairman of BTG Pactual, Andre Esteves, believing the pace of monetary easing could be faster than market expectations indicate. With the central bank's Copom rate-setting committee holding its benchmark Selic interest rate at a six-year high of 13.75% for a seventh consecutive policy meeting earlier this month, Esteves is forecasting a 50 basis points cut at the next rate-setting meeting.

Reuters 9 months ago

BPAC11.SA
+4.60%
Former Goldman Sachs partner launches fund of up to $550 million in Portugal

Fortitude Capital, founded by former Goldman Sachs partner Antonio Esteves, Brazilian bank BTG Pactual and Portuguese asset manager Atrium, has launched its first fund with a target size of up to 500 million euros ($550 million). Esteves said on Tuesday that, though focused on investing in Portugal, the fund would not exclude opportunities abroad, and was targeting any sector through instruments such as equity, hybrid debt or senior debt. He said that, contrary to the majority of funds in Portugal, the first Fortitude fund would be mostly funded by private investors and its founders will be the fund's biggest investors.

Reuters 11 months ago

BPAC11.SA
+4.60%
Former Goldman Sachs partner launches fund of up to $550 mln in Portugal

Fortitude Capital, founded by former Goldman Sachs partner Antonio Esteves, Brazilian bank BTG Pactual and Portuguese asset manager Atrium, has launched its first fund with a target size of up to 500 million euros ($550 million). Esteves said on Tuesday that, though focused on investing in Portugal, the fund would not exclude opportunities abroad, and was targeting any sector through instruments such as equity, hybrid debt or senior debt. He said that, contrary to the majority of funds in Portugal, the first Fortitude fund would be mostly funded by private investors and its founders will be the fund's biggest investors.

Reuters 11 months ago

BPAC11.SA
+4.60%
UPDATE 1-BTG Pactual's net income up 10% in Q1 on higher revenues

Brazil's Banco BTG Pactual SA on Monday reported a first quarter adjusted net profit of 2.26 billion reais ($456 million), meeting market expectations as total revenues increased by double digits on a yearly basis. Analysts polled by Refinitiv had a median forecast for a net income of 2.22 billion reais. BTG Pactual, the largest investment bank in Latin America, celebrated "record revenues in most business lines" despite what it called a challenging credit and capital markets environment.

Reuters 11 months ago

BPAC11.SA
+4.60%

Performance Overview

Return	BPAC11.SA	IBOVESPA
YTD	-8.96%	-5.71%
1-Year	+53.71%	+22.58%
3-Year	+47.03%	+4.97%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Banco BTG Pactual S.A. (BPAC11.SA)

Acai chain Oakberry raises $67 million from BTG funds in global expansion boost

Acai chain Oakberry raises $67 mln from BTG funds in global expansion boost

UPDATE 2-BTG buys Orama as Brazil's financial sector consolidation continues

BTG's Esteves sees potential faster pace in Brazil rate cuts

Former Goldman Sachs partner launches fund of up to $550 million in Portugal

Former Goldman Sachs partner launches fund of up to $550 mln in Portugal

UPDATE 1-BTG Pactual's net income up 10% in Q1 on higher revenues

Performance Overview