RIO DE JANEIRO, BRAZIL - Brazilian bank Banco BTG Pactual SA has acquired a minority stake in asset manager and wealth management platform Perfin, the lender said on Monday.
Perfin, which has R$21 billion (US$4.11 billion) under custody, is likely to boost BTG’s investment platform BTG Digita. BTG did not disclose the deal value and the stake acquired.
Financial blog Brazil Journal reported earlier on the deal.
Source: Brazil Journal/Reuters . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here