BTG Pactual Raises Over $1 Billion For Strategic Capital Investment Strategy

By Amit Chowdhry ● May 8, 2024

BTG Pactual Asset Management, a global investment platform with US$177 billion in AUM/AUA as of Q4 of 2023, announced that it finalized fundraising for its BTG Pactual Strategic Capital (Strat Cap) investment strategy. This strategy closed on over US$1 billion in total capital commitments, including US$395 million to a Fund LP and over US$600 million in co-investments.

Strat Cap is a strategy within BTG Pactual’s International Private Markets (IPM) group. It is an opportunistic investment strategy focused on asset-oriented businesses, bringing a partnership feel to investing in both sponsor-backed and non-sponsor businesses.

Strat Cap has a flexible mandate and can invest across the capital structure—from common equity through senior secured debt—enabling solutions tailored to individual business or transaction requirements.

Strat Cap also generally targets investments of US$50 million to US$150 million but could scale up to US$400 million or more in companies with enterprise values from US$75 million to US$4 billion. Strat Cap’s target sectors include infrastructure adjacent, essential services, and other defensive industries.

BTG Pactual (BPAC11) is the largest investment bank in Latin America, with a market cap of about US$25 billion as of Q4 of 2023, offering a diverse range of services, including Investment Banking, Corporate Lending, Sales & Trading, Asset Management, Wealth Management, and Banking. And BTG Pactual Asset Management is a division of BTG Pactual with an international presence and US$177 billion in assets under management and administration. BTG Pactual employs over 7,000 people across Brazil, Chile, Argentina, Colombia, Peru, Mexico, the United States, the U.K., Portugal, Spain, and Luxembourg.

KEY QUOTES:

“I am very pleased to announce this successful first vintage. Since the launch of the strategy, we have demonstrated how our collaborative, partnership-based approach to working with sponsors, management teams and business owners can drive value. We look forward to continuing to serve this growing marketplace.”

– James Frank, Head of Strat Cap at BTG Pactual

“Congratulations to the Strat Cap team, whose combined expertise and disciplined approach has positioned this strategy for growth. We look forward to continuing to attract a strong pipeline of customized capital solutions moving forward.”

– Gerrity Lansing, Managing Director, Partner and Head of IPM at BTG Pactual

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