Industry Analysis

Equity move marks next major step for BTG Pactual’s fast-growing alternatives group


David Herzberg
The launch last month of a new standalone multi-strategy global equity trading product by BTG Pactual Asset Management marks the next major step in the expansion of the fast-growing Brazil-headquartered banking and asset management group’s alternatives business.

Led by former JP Morgan global equity derivatives head David Herzberg, the new BTG Pactual Global Equity Opportunities fund aims to bring the same team-based and multi-strategy approach to global equity trading that has driven the success of the group’s $2.5 billion Global Emerging Markets and Macro fund (GEMM) – which focuses on fixed-income and credit