B

BTG Pactual

Investment banking and asset management

Overview

BTG Pactual is a leading Latin American financial services firm that provides investment banking, asset management, wealth management, and trading services. It helps clients raise capital, advise on mergers and acquisitions, manage and grow assets, and execute trades across markets. Its products include advisory and underwriting for corporate finance, mutual funds and private funds for asset management, and tailored wealth management for high-net-worth clients, all supported by market-making and research capabilities. The company differentiates itself through its long regional footprint, strong Latin American focus, and a track record of growth via strategic acquisitions (such as Celfin Capital and Bolsa y Renta) and a bold history of leadership under André Esteves. BTG Pactual’s goal is to be the leading financial services firm in Latin America by providing comprehensive, integrated financial solutions and deploying its local expertise across the region.

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About BTG Pactual

Simplify's Rating
Why BTG Pactual is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Company Size

10,001+

Company Stage

IPO

Headquarters

São Paulo, Brazil

Founded

1983

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What believers are saying

  • Proparco added a USD 50 million climate loan on November 9, 2026.
  • COFIDES and EMGA financed BTG again in October 2026, reinforcing funding access.
  • Corporate lending and consumer finance grew strongly in Q3 2026, offsetting trading softness.

What critics are saying

  • Investment banking revenue fell 36% in Q3 2026, exposing fee dependence during weak markets.
  • Shares fell 3.5% on November 12, signaling skepticism about outlook and acquisition integration costs.
  • HSBC Uruguay and Peru expansion increase execution and regulatory risk through 2027.

What makes BTG Pactual unique

  • BTG Pactual posted R$5.3 billion Q3 2026 profit, sustaining 26.4% ROE on November 12.
  • It combines investment banking, lending, wealth management, and consumer finance across Latin America.
  • HSBC Uruguay closed in Q3 2026, and Peru banking approval expands its regional footprint.

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Funding

Total Funding

$2.2B

Above

Industry Average

Funded Over

6 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Wellness Program
  • Meal Benefits

Stock Price

Company News

Proparco
Nov 9th, 2026
Strengthening climate finance in Brazil: Proparco partners with BTG Pactual.

Strengthening climate finance in Brazil: Proparco partners with BTG Pactual. Published on November 9, 2026 * Brazil * South America * Climate * Loan - Proparco is strengthening its partnership with BTG Pactual S.A. through a USD 50 million loan. - Announced on the occasion of FELABAN's 60th Annual Meeting, this new transaction aims to expand BTG Pactual's portfolio of climate change mitigation and adaptation investments in Brazil. Brazil plays a central role in the global response to climate change, with vast natural resources, a largely renewable power mix and some of the world's most important ecosystems. At the same time, the country faces substantial and growing investment needs to reduce greenhouse gas emissions and adapt to the impacts of climate change. Through this new facility, Proparco will support BTG Pactual S.A., a key player in sustainable finance in Brazil, with long-term resources to finance investments that contribute to climate change mitigation and adaptation. The operation will help close the climate financing gap, reduce greenhouse gas emissions and strengthen resilience to climate risks in Brazil. The financing is structured to support Proparco's strategic priorities in the country: 100% of the facility will support climate change mitigation or adaptation investments. Paulina Gonzalez, deputy head of Financial Institutions at Proparco, stated: "This new operation with BTG Pactual reflects Proparco's commitment to supporting Brazil's transition toward a low-carbon and climate-resilient economy. By expanding access to long-term financing for climate mitigation and adaptation projects, we aim to help close the climate financing gap and strengthen the country's resilience to the impacts of climate change. This transaction strengthens our relationship with BTG Pactual and marks our second collaboration, following a first USD 140 million climate finance transaction in 2020, co-financed at the time with our partners at DEG." Caio Zanette, global head of Banking, Relationship and Funding at BTG Pactual, stated: "BTG's and Proparco partnership has been grounded in a shared ambition to expand our sustainable portfolio in Brazil. We are pleased to deepen this relationship through a new transaction in which we can channel capital to clients fostering climate initiatives, reinforcing our ability as one of the main contributors to a low-carbon and more resilient economy in Brazil."

BeInCrypto
Nov 2nd, 2026
World's top crypto adopter Brazil closes license deadline.

World's top crypto adopter Brazil closes license deadline. 02 November 2026, 03:36 UTC Updated 02 November 2026, 03:36 UTC * Brazil's deadline for crypto firms to seek a central bank license ended on October 30, with 68 institutions identified in the race. * Brazil, ranked first in Chainalysis' 2026 crypto adoption index, will now have banks such as Itaú, Bradesco and BTG competing with Binance, Coinbase and Kraken. * Crypto firms that missed the deadline must shut down their services in Brazil within 30 days. Trade without KYC & get bonus up to $2888. Explore BYDFi Brazil's largest banks, its stock exchange and some of the world's biggest crypto exchanges are among the companies seeking a Brazil crypto license from the Central Bank of Brazil (BCB). They aim to operate as virtual asset service providers in the country. The deadline for firms already active in the market ended on Friday, October 30. The stakes are high. Brazil ranked first in Chainalysis' 2026 Global Crypto Adoption Index, ahead of the United States and Nigeria, among 117 countries. Why Brazil's crypto market is too big to ignore. The country recorded $252.5 billion in crypto activity between July 2025 and June 2026. The largest crypto economy in Latin America by a wide margin. Nearly half of all crypto value moving through the region now passes through Brazil. By 7:30 p.m. local time on Friday, 68 institutions had been identified in the race. This is according to a tracker run by Cainvest Group, a Brazilian financial infrastructure firm that monitors the filings. The list includes requests confirmed by the companies themselves, regulatory notices filed by banks that already hold central bank authorization, and cases identified only through documents linked to BCB proceedings, not yet confirmed by the companies. Among the proceedings with public status, three were on the central bank's decision agenda. Two were under review and two were awaiting documents or responses from the applicants. Who Is in the Race for a BCB License? Banks, exchanges and stablecoin firms join the licensing race. Among banks, the stock exchange and other financial institutions are B3, Brazil's main stock exchange. They are there along with Itaú Unibanco, Bradesco, Nubank, Banco Inter, BTG Pactual (through its crypto unit Mynt), Banco BS2, Banco Rendimento, Braza Bank, Stark Bank, S3 CACEIS and B&T Corretora de Câmbio. The exchanges and brokers include Binance, Coinbase, OKX, Bybit, Kraken, Bitget, Ripio, OSL Brasil, Webull, Coins.xyz and Wynx Exchange. As well as Brazilian platforms Mercado Bitcoin, Foxbit and Brasil Bitcoin. Stablecoin, payments, and infrastructure companies also joined the race. These include Ripple, Avenia, Bloquo, Liqi, Lumx, Transfero, RedotPay, Parfin, NoxPay, Obsidiam, Belo, TCR Finance, Velaro Network and Manteca. The latter operates in Brazil as Ponte Global. Rounding out the list are BlockRiver, 4Pay Finance, ARQ Finance, Axioma, BCX Corretora, Bloxtrade Capital, Cademartori Z Soluções, Crown, Ettica Pagamentos, Frontrade, GGPay, IACrypto, MadarBit, Masterpay, Mazzera, NBS, Neo Ativos Virtuais, Nexus, Nonco, O3 Trade, Onda Finance, PFPay, Prata Digital, SuitCoin, TRKBIT, UnblockPay, Urban and W Brasil Comércio. Big banks join the race. Itaú and Bradesco, two of Brazil's largest private banks, are among the traditional lenders that formalized their virtual asset activities. They are there alongside digital banks Nubank and Inter and investment bank BTG Pactual. Because these institutions already hold central bank authorization, most of them followed a simpler regulatory notification process rather than applying for a new license from scratch. B3 also entered the race, applying to provide virtual asset intermediation and custody services. The move is part of the exchange's broader push into tokenized financial products. The presence of traditional institutions shows that Brazil's regulated crypto market will not be left to crypto-native firms alone. In the world's top market for crypto adoption, banks will be able to compete directly with exchanges in services such as crypto trading and custody. Global and Brazilian exchanges. The list brings together nearly every major global exchange with a presence in Brazil, as well as local leaders such as Mercado Bitcoin, one of the largest crypto platforms in Latin America. Coinbase confirmed its application on October 29, one day before the deadline. Not every platform decided to stay. Revolut has ended crypto sales to Brazilian customers and will automatically convert any remaining balances into US dollars after November 24. What changes now? Brazil's crypto rules were set out in BCB Resolutions 519, 520 and 521, published in November 2025 and in force since February 2, 2026. The rules implement the country's Virtual Assets Legal Framework (Law 14,478/2022) and created a new category of regulated entity: virtual asset service provider companies, known locally as SPSAVs. Under the framework, firms can be authorized as virtual asset intermediaries, custodians or brokers. Companies already operating when the rules took effect were given 270 days to file the first phase of their authorization request. Those that met the deadline can keep operating while the BCB reviews their applications. Those that did not must stop providing services within 30 days. As of October 30, BCB Resolution 520 also bars banks, payment institutions and other central bank-authorized entities from executing, intermediating or holding in custody any transactions involving virtual asset providers that are neither authorized nor in the process of authorization. In practice, crypto firms that missed the deadline will be cut off from Brazil's banking system. Filing a request, however, is only the first step. The application opens a two-phase review, and companies will still need to meet additional regulatory requirements before receiving final authorization. Daily Crypto Insights Insights, news and analysis of the crypto market straight to your inbox More on Regulation News? Disclaimer BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

AD HOC NEWS
Oct 16th, 2026
Unitá proposes public offer for Unifique stock and delisting.

Unitá proposes public offer for Unifique stock and delisting. Published on 10/16/2026 at 04:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS Unitá proposed a public offer on October 2, 2026. Unifique stock stays listed pending CVM and B3 approvals, with results due November 11, 2026. Offer process and reporting calendar. * Unitá proposed a BRL 6.00-per-share public offer on October 2, 2026. * Second-quarter revenue reached BRL 344.69 million in 2026. * Unifique scheduled its third-quarter results for November 11, 2026. Unifique (BRFIQEACNOR5) faces a proposed BRL 6.00-per-share public tender offer after its controlling shareholder sought to close the company's listing. Valor Econômico reported on October 2, 2026 that Unitá Participações proposed buying the shares in circulation and taking Unifique out of the Novo Mercado segment of B3. Discover more Invest in Stocks OPA terms and approval path. The offer values each share at BRL 6.00, while an independent Apsis appraisal put fair value at BRL 5.42. That makes the proposed price 10.70 percent above the appraisal value, based on the figures reported by Teletime on October 5, 2026. The process would convert Unifique's securities registration from category A to category B and end regulated trading if completed. Unitá held 65.04 percent of the company's shares when it filed the offer, according to Teletime. Three dated steps for Unifique. On May 13, 2026, BTG Pactual reported first-quarter revenue of BRL 329.00 million. On August 12, 2026, second-quarter revenue reached BRL 344.69 million and net income was BRL 45.98 million, according to Investing.com. On October 2, 2026, Unitá proposed the BRL 6.00 offer. What happens next? The next two calendar points are October 17, 2026, the reported end of the 15-day period for shareholders to request a special meeting, and November 11, 2026, when Unifique's investor-relations calendar schedules third-quarter results. The company lists a conference call for November 12, 2026, one day later, on its investor-relations page. Operating figures frame the offer. Second-quarter revenue rose 4.75 percent from BRL 329.07 million in the prior quarter to BRL 344.69 million, while net income declined from BRL 50.89 million to BRL 45.98 million. The figures make the offer process more than a valuation headline: investors are weighing a fixed BRL 6.00 proposal against an operating business that continued to grow revenue during the first half of 2026. Discover more Compare ISPs Compare Cell Plans Track Stock Market Unifique's last quoted home-market price was BRL 6.20 on B3 on October 15, 2026 at 9:31 p.m. BRT. Its market capitalization was BRL 2.4 billion as of October 16, 2026. Unifique stock facts. * Company: Unifique Telecomunicações S.A. * ISIN: BRFIQEACNOR5 * Ticker: FIQE3 * Primary exchange: B3 * Last quoted price: BRL 6.20 on October 15, 2026 at 9:31 p.m. BRT * Market capitalization: BRL 2.4 billion as of October 16, 2026 * Sector: Communication Services Sponsored Ad Unifique Telecomunicacoes stock: new analysis - 22 October. Fresh Unifique Telecomunicacoes information released. What's the impact for investors? Our latest independent report examines recent figures and market trends. Discover more Read Economics Trade Derivatives Nachrichten-Abonnement Disclaimer regarding our articles: This is not investment advice, nor is it a recommendation to buy or sell. Information regarding prices, companies, and markets is provided without guarantee; changes may occur at any time. Stock market transactions can result in significant losses. Our articles are created and reviewed, in whole or in part, automatically with the assistance of AI. en | BRFIQEACNOR5 | UNIFIQUE | boerse | 70334750 | bgmi

Bloomberg Línea
Oct 1st, 2026
Hapvida hires XP and BTG and weighs raising R$ 1.5 billion in sale-leaseback, sources say.

Hapvida hires XP and BTG and weighs raising R$ 1.5 billion in sale-leaseback, sources say. Under the plan, the company would sell hospital properties to investors and continue operating them through long-term lease contracts, expanding the operator's efforts to strengthen its finances after putting its operations in the South up for sale earlier this year By Rachel Gamarski October 1, 2026 | 06:47 AM Bloomberg - Hapvida (HAPV3) hired BTG Pactual and XP to evaluate a sale-leaseback transaction involving some of its hospitals, according to people familiar with the matter who spoke to Bloomberg News. The possible transaction could raise up to R$ 1.5 billion for the healthcare company, according to one of the people, who asked not to be identified because the discussions are not public. The sale-leaseback plan expands Hapvida's efforts to strengthen its finances, after putting its operations in the South up for sale earlier this year. The company is now evaluating ways to monetize hospital properties without ceasing to operate the units, which highlights the pressure to generate cash amid rising leverage. Hapvida's net debt-to-EBITDA ratio rose to 2.49 times in the second quarter of 2026, from 1.26 times a year earlier. The company is evaluating various alternatives to improve liquidity and strengthen its balance sheet. Representatives for BTG and XP did not immediately respond to requests for comment. Hapvida said it does not comment on market rumors or speculation, but said it maintains a continuous agenda focused on operational efficiency. Hapvida Participações e Investimentos. 6.67 BRL 0.00% 0.00 BRL

Seychelles News Gazette
Oct 1st, 2026
EMGA's continued success in Brazil.

EMGA's continued success in Brazil. EMGA Arranges EUR 100 Million Financing for BTG Pactual from COFIDES. LONDON, Oct. 01, 2026 (GLOBE NEWSWIRE) - Emerging Markets Global Advisory LLP ("EMGA") is pleased to announce the successful arrangement of a EUR 100 million debt financing facility for its long-standing Brazil-based client, BTG Pactual. The facility has been provided by Compañía Española de Financiación del Desarrollo (COFIDES), S.A., S.M.E., Spain's development finance institution, and will support BTG Pactual's continued expansion of sustainable and impact-oriented financing initiatives in Brazil. Sajeev Chakkalakal, Managing Director and Head of Investment Banking at EMGA, commented: "We are delighted to have once again delivered a competitively priced funding solution for BTG Pactual. This facility will support the continued growth of BTG's sustainable finance activities, reinforcing its position as one of Brazil's leading financial institutions in the ESG and climate finance sectors. The successful completion of this transaction also demonstrates EMGA's ability to originate and execute high-quality financing solutions in Brazil despite a challenging global macroeconomic backdrop, ongoing market volatility, and periods of heightened uncertainty across emerging markets. We are particularly pleased to have partnered with COFIDES, a highly respected development finance institution, on a transaction that supports both commercial objectives and positive environmental and social outcomes." Jeremy Dobson, Managing Director and Head of Operations at EMGA, added: "This new facility provides BTG Pactual with an additional source of long-term funding diversification while further strengthening its ability to support sustainable economic development in Brazil. It has been a pleasure to work with both BTG and COFIDES on this transaction, and we look forward to further opportunities to collaborate in the future. To date, EMGA has facilitated nearly USD 2 billion of investment into Brazil, a market where we have developed deep expertise and longstanding relationships across the financial sector. Despite ongoing global uncertainty, Brazil remains one of our most important markets, and we continue to see significant opportunities to mobilize international capital in support of sustainable growth and development." BTG Pactual is the largest investment bank in Latin America, the sixth-largest bank in Brazil by shareholders' equity, and a leading provider of loans and guarantees to a broad range of clients, from SMEs to large corporations. BTG is a pioneer in promoting climate finance in Brazil and plays a pivotal role in directing capital toward projects that generate positive environmental and social impact while supporting economic development. COFIDES is Spain's state-owned development finance institution. It provides medium- and long-term financing for private-sector investment projects, particularly those involving Spanish companies operating internationally. COFIDES also manages a range of public investment funds focused on sustainability, international growth, and broader economic policy objectives. Through its activities, COFIDES supports business expansion while promoting sustainable development and long-term economic impact. Emerging Markets Global Advisory LLP (EMGA), with offices in London and New York, advises financial institutions and corporates seeking debt and equity capital solutions. EMGA's multinational team brings decades of experience and has successfully closed more than USD 11 billion of debt and private equity transactions across emerging and frontier markets. Brazil remains one of EMGA's core markets, where the firm has established a strong track record of mobilizing international capital across multiple economic cycles. Through its capital formation and strategic advisory capabilities, EMGA continues to provide clients with global investor access, innovative financing solutions, and deep emerging-market expertise, reinforcing its position as a leading specialist investment banking advisory firm focused on emerging and frontier economies. GlobeNewswire Distribution ID 1001275676 September 10, 2026 September 4, 2026 September 3, 2026 September 2, 2026

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