Announced

BTG Pactual to acquire the wealth management arm from JGP.

Synopsis

BTG Pactual, an investment bank, agreed to acquire the wealth management arm from JGP, an invest management firm. Financial terms were not disclosed. "This acquisition represents another important step in our growth strategy of the Multi Family Office segment. JGP customers will have the same independent model they are used to and the excellent service of the same team that serves them. By joining the BTG Pactual Family Office, they can now count on an even wider range of financial products and services, specially designed to meet their goals. And BTG Pactual's current customers will benefit a lot with André Jakurski as Chairman of the Investment Committee," Roberto Sallouti, BTG Pactual CEO.

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