US EditionBTG Pactual (BPAC11) buys Clave Capital, a manager with R$6 billion under management - Global Happenings
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3 Articles
The manager had been one of the bank's investors since it opened its doors in 2021
BTG Pactual (BPAC11) buys Clave Capital, a manager with R$6 billion under management - Global Happenings
BTG Pactual (BPAC11) purchased, for an undisclosed amount, the entirety of Clave Capital (Image: Rafael Borges/ Money Times) THE BTG Pactual (BPAC11) purchased, for an undisclosed amount, the entire Capital Key. The bank already held a minority stake in the manager. Currently, Clave has R$6 billion under management and more than 25 thousand shareholders. Founded in 2021, the manager highlights that it has managed to grow consistently acro…
BTG Pactual is buying Clave Capital and placing the firm's founder, Rubens Henriques, as one of the heads of its asset. André Esteves's bank already had a 30% stake in Clave since its founding in 2021, when it placed seed capital estimated by the market at R$ 3 billion. Now, you bought the missing part. Three years later, Clave now manages R$ 6 billion in assets — an average scale by market standards. Rubens will now lead what BTG calls 'asset m…
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