Finance
Miami Multifamily Office Acquired by Brazil’s BTG in Global Push
- Greytown Advisers has about $1 billion under management
- Firm specializes in high-net-worth clients in Central America
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Banco BTG Pactual SA, the biggest independent investment bank in Latin America, bought Miami-based multifamily office Greytown Advisors Inc. as part of its global expansion.
“Greytown was not the first or the only one we looked at, but it was the first one we reached an agreement with after two years of courtship,” said Rogerio Pessoa, partner and head of wealth management at Sao Paulo-based BTG, adding that additional similar acquisitions are possible. Terms of the Greytown purchase weren’t disclosed.