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BTG Pactual raises record $1.5bn Brazil fund

29 June 2011

Brazil has become a magnet for private equity firms across the globe

Read more: Brazil private equity BTG Pactual

Brazilian investment bank and asset manager BTG Pactual raised the largest ever Brazilian private equity after it closed its first growth fund at $1.5 billion, reported Financial Times.

The final value is exceeds the estimates by over 33% in spite...