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Announced

Completed

BTG Pactual completed the acquisition of a minority stake in Systemica.

Synopsis

BTG Pactual, a Brazilian financial company, completed the acquisition of a minority stake in Systemica, a carbon projects and environmental assets company. Financial terms were not disclosed. "The partnership between BTG and Systemica joins two top players who are references in their respective areas of activity, to foster the still incipient carbon credit market in Latin America and create a platform for environmental assets. The investment speaks directly with the bank's ESG & Impact Investments agenda, which once again takes the lead in encouraging the financial market to adopt practices and develop products that contribute to a low-carbon economy," Roberto Sallouti, BTG Pactual CEO.

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