DOCSLIB.ORG

BTG Pactual Corporate Presentation 2Nd Quarter 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
BTG Pactual Corporate Presentation 2Nd Quarter 2019 BTG Pactual Corporate Presentation 2nd Quarter 2019 For additional information, please read carefully the notice at the end of this presentation. Table of Contents 1 2 3 4 BTG Pactual BTG Pactual BTG Pactual 2nd Quarter Overview Business Units Financial Highlights 2019 Highlights Section 1 Section 2 Section 3 Section 4 2 BTG PACTUAL OVERVIEW SECTION 1 3 BTG Pactual at a Glance Core Business Investment Corporate Sales & Asset Wealth Principal Interest Banking Lending Trading Management Management Investments Participations & Others • Financial • Financing • Fixed Income • LatAm FI & Eq. • Investment • Global Markets • Banco Pan • Interest on Advisory • Structured • FX • Alternative Advisory • Merchant • ,too seguros capital (M&A) Credit • Equities Investments • Financial Banking • ECTP Description • Insurance • Fund Services • ECM • Letters of Planning to • Real Estate • EFG • Energy • • DCM Credit Global Hedge HNWI • Brokerage Funds • BTG Pactual digital Net Revenues and Net Income Highlights Evolution R$ million 2018 6M 2019 Total Assets R$ 137.6 bn R$ 173.6 bn (US$ 35.5 bn) (US$ 45.2 bn) 2,181 Shareholders' Equity R$ 18.8 bn R$ 20.4 bn (US$ 4.9 bn) (US$ 5.3 bn) 1,549 1,482 Revenues R$5.4bn R$3.7 bn 1,238 1,255 (US$1.4 bn) (US$1.0 bn) 1,029 Net Income R$2.4 bn R$1.8 bn (US$0.6 bn) (US$0.5 bn) 685 685 711 721 AuA and/or AuM R$ 207.5 bn R$ 226.4 bn (US$53.6 bn) (US$59.0 bn) 2Q 2018 3Q 2018 4Q 2018 1Q 2019 2Q 2019 WuM R$ 119.2 bn R$ 141.9 bn (US$30.8 bn) (US$37.0 bn) Total Revenues Net Income Adjusted Note: 4 1. US$ figures converted by end of period PTAX rate of R$3.8748 and R$3.8371 for 2018 and 2Q 2019, respectively Summarized Shareholder Structure Total Units BTG Pactual G7 Other Partners • Each BPAC11 Unit is composed of 1 ON and Holding S.A. 2 PNA shares of Banco BTG Pactual S.A. • Total units: 879,078,857 Voting: 57.4% Voting: 42.6% Total: 22.8% Total: 77.2% BTG Pactual Holding S.A. 100% BTG Pactual Holding Free Float Financeira Ltda. 77.1%, 22.9% of which 8.8% was acquired at market(1) Banco BTG Pactual S.A. Note: 5 1. Includes units acquired by investment vehicles owned by certain partners individually or collectively and vehicles under common control of the Partnership BTG Pactual History Commencement of BTG founded by a group of Start of operations of Wealth Management former Pactual partners and BTG Pactual activities former UBS MDs Seguradora and BTG Pactual Resseguradora in Brazil Creation of Acquisition of co- Pactual Asset controlling stake in Management Banco Pan for Sale of BSI and a 30% stake R$450mm in the combination of EFG BSI Distribution of ECTP to BBTG11 shareholders 1983 1989 1990 2000- 2002 2006 2008 2009 2010 2011 2012 2013 2014 2016 2017 2001 US$1.8bn IPO: primary capital capital Announced the increase of Commencement of UBS acquires increase from acquisition of BSI, a BBTG11 Units R$3.2 billion private banking Banking Activities Banco Pactual international migration into BPAC11 and opening of an creating UBS business based in and BBTG12 units investors Switzerland, for office in São Paulo Pactual CHF1.2 Bn Acquisition of Celfin Capital in Chile Founded as BTG acquires brokerage house in Commencement of Rio de Janeiro regional expansion in UBS Pactual, Brazil: opening of Belo establishing BTG Pactual Horizonte (MG) and Acquisition of Recife (PE) offices Bolsa Y Renta in Colombia 6 Organizational Chart and Main Executives Board Members Elected Chairman of the Board Audit Committee Nelson Jobim Compliance(1) BTG Pactual Nelson Jobim Roberto Sallouti External Directors Claudio Galeazzi Anibal Joaquim Nelson Jobim Claudio Galeazzi Roberto Sallouti Claudio Galeazzi Guillermo Ortiz Mark Clifford Maletz Bruno Duque Pedro Longuini Eduardo Loyo Mariana Cardoso Note: 7 1. Compliance Committee responds directly to the board of directors Organizational Chart and Main Executives Main Executives CEO Roberto Sallouti Investment Banking Corporate Lending Sales & Trading Asset Management Wealth Management Guilherme Paes Renato Santos Renato Santos Steve Jacobs Rogerio Pessoa Rogerio Stallone Rodrigo Goes 8 Dominant Presence in Latin America Investment Corporate Sales & Asset Wealth Retail Banking Lending Trading Management Management Brazil P P P P P P United Kingdom London Chile P P P P P Core LatAm Core USA Colombia P P P P P New York Miami Mexico P P P P Mexico Mexico City Argentina P P Colombia Peru P P P P Bogotá Medellin USA P P P P Peru Lima Brazil São Paulo UK P P P Rio de Janeiro Chile Recife Santiago Porto Alegre Belo Horizonte Argentina Buenos Aires Fully operational Recently Launched 9 Our Client Franchises are Experiencing Significant Growth AuM WuM Investment Banking Revenues (R$ bn) (R$ bn) (R$ mm) Strong performance, with Resilient results, with WuM Best semester in Investment significant revenue, NNM and growing over 30% year-on-year Banking since our IPO in 2012 AuM/AuA growth 464 226 142 208 119 367 367 361 145 87 116 74 2016 2017 2018 6M 2019 2016 2017 2018 6M 2019 2016 2017 2018 6M 2019 10 BTG PACTUAL BUSINESS UNITS SECTION 3 11 M&A Ranking(1)| 2010 – 2Q2019 ECM Ranking(1)| 2010 – 2Q2019 DCM Ranking| 2013(1,2)-2Q2019 Deal Deal Deal # of # of # Institution Volume # Institution Volume # Institution Volume Deals Deals (US$ bn) (US$ bn) (US$ bn) BTG 1 IBBA 421 198.5 1 129 15.7 1 IBBA 19.4 Pactual BTG Bradesco Investment Banking 2 420 181.8 2 IBBA 2 14.9 Pactual 127 18.7 BBI Credit Credit BTG Leading Investment Banking 3 188 153.1 3 89 12.3 3 7.8 Suisse Suisse Pactual Franchise in Brazil Bradesco Bradesco Banco do 4 188 127.4 4 85 12.9 4 7.3 BBI BBI Brasil BTG Pactual is the most active IBD 5 BofAML 121 163.8 5 BofAML 73 13.5 5 XP 2.6 franchise in Brazil since 2010, having advised the most relevant transactions during this period 2019 2019 Financial advisor to Exclusive financial advisor US$329mm US$1,000mm US$700mm Hapvida in the landmark to Grupo Positivo in the US$220mm acquisition of São sale of Sistema Positivo de Francisco Saúde Ensino to Arco Platform Follow-on Follow-on Bond Bond R$ 5.0 bn R$ 1.7 bn July, 2019 July, 2019 Due 2029 Due 2024 2019 2018 Exclusive financial advisor Financial advisor to Enel in to Cosan in the acquisition the public takeover US$628mm US$300mm US$500mm EUR600mm of Comgas PN shares process of Eletropaulo representing ~15% of Follow-on NASDAQ IPO Bond Bond Comgas total capital R$ 1.6 bn R$ 7.1 bn July, 2019 July, 2019 Due 2028 Due 2021 2018 Financial advisor to 2017 Kroton in the acquisition Exclusive financial advisor US$118mm US$667mm US$750mm US$1,300mm of Somos Educação, in a to Paper Excellence in the landmark transaction in acquisition of Eldorado Follow-on Follow-on Bond Bond the education sector Celulose July, 2019 July, 2019 Due 2024 Perpetual Notes: US$ 2.2 bn R$ 15.0 bn 1. Dealogic, as of Aug, 2019 (ECM and M&A Rankings) and ANBIMA Long-Term Distribution Ranking – Brazilian Banks (DCM Rankings) 12 2. Ranking not available prior to 2013 Revenues (R$ million) Market Positioning Highlights Investment Banking (6M 2019) Solid performance in the 464 quarter, with overall positive contribution 367 367 361 M&A: #1 in number of transactions in Brazil and Latin America Overview of 2Q 2019 ECM: #1 in number of transactions in • Financial Advisory had lower Brazil and LatAm, and #1 in volume of revenues compared to previous transactions in LatAm quarter, due to lower volume of concluded transactions • ECM and DCM had strong performance, mainly due to higher market activity • We maintained our leading position in Brazil and Latin America rankings 2016 2017 2018 6M 2019 13 Revenues (R$ million) 877 849 790 Corporate Lending Financing and loan 378 guarantees to corporations in Latin America 2016 2017 2018 6M 2019 Main Highlights Corporate Lending Portfolio by Industry Corporate Lending Portfolio (%) (1,2) (R$ bn) • Integrated origination platform 2Q 2019 • Anticipation of demand and needs of our clients Utilities 3Q 2018 Oil & Gas • Greater flexibility and agility in order to 21% 34.2 Financials 22% structure and approve loan transactions 29.7 Wealth Management 20% • Partners involved in credit and risk 22% Infrastructure 21.8 analysis Real Estate 19.3 2% 8% • Cross-selling with IBD, Wealth Retail 2% 2% 2% Agribusiness 3% Management, Merchant Banking and 5% FICC distribution desk Food & Beverage 8% 11% Auto-Parts 5%5% Telecom 5% 7% 5% Main booking areas: Government 5% 7% 8% 2016 2017 2018 6M 2019 Metals & Mining 5% • High Grade Credit Desk: tailored 7% 8% Others credit solutions for large corporations • Special Situations: credit arbitrages on loans and acquisition of non-performing Notes: loans (NPL) portfolios 1. Does not include Banco Pan Loan Portfolio and includes off balance sheet items (loans, debentures, 14 CRIs, FIDCs, FIPs, TDs, corporate bonds, letter of credit, commitments and others) 2. As of June 30, 2019 Highlights and Awards 1º LatAm Equity Sales 2º LatAm Equity Sales (2014, 2013) (2018, 2017, 2015) Sales & Trading Brasil Equity Sales Brasil Equity Sales (2017, 2014, 2013) (2016, 2015) Integrated and diversified Brasil Equity Research Brasil Equity Research platform of customer (2018, 2017, 2015, 2014, 2013) (2016) facilitation businesses in Latin America Research BTG Pactual Research Team Is Latin America’s Best In 2018, BTG Pactual had more than 20 ranked analysts, including 10 ranked #1 in their respective sectors/regions • Equity research and sales teams named among the best teams in LatAm, covering 215 companies in 22 industries • Fixed Income and Credit Research team named among the best teams in LatAm, covering over 30 companies Latin America Dedicated Bank • Fixed Income • Energy • Equities • Insurance and Reinsurance • FX 15 Note: * According to Institutional Investor rankings UK USA México Cayman Island Brazil Branch Sales & Trading Colômbia Peru Brazil In 2011, BTG Pactual debuted Chile on Institutional Investor’s Argentina inaugural Latin American Sales Team as No 5.
Load more

Recommended publications
  • Fidelity® Emerging Markets Index Fund
    Quarterly Holdings Report for Fidelity® Emerging Markets Index Fund January 31, 2021 EMX-QTLY-0321 1.929351.109 Schedule of Investments January 31, 2021 (Unaudited) Showing Percentage of Net Assets Common Stocks – 92.5% Shares Value Shares Value Argentina – 0.0% Lojas Americanas SA rights 2/4/21 (b) 4,427 $ 3,722 Telecom Argentina SA Class B sponsored ADR (a) 48,935 $ 317,099 Lojas Renner SA 444,459 3,368,738 YPF SA Class D sponsored ADR (b) 99,119 361,784 Magazine Luiza SA 1,634,124 7,547,303 Multiplan Empreendimentos Imobiliarios SA 156,958 608,164 TOTAL ARGENTINA 678,883 Natura & Co. Holding SA 499,390 4,477,844 Notre Dame Intermedica Participacoes SA 289,718 5,003,902 Bailiwick of Jersey – 0.1% Petrobras Distribuidora SA 421,700 1,792,730 Polymetal International PLC 131,532 2,850,845 Petroleo Brasileiro SA ‑ Petrobras (ON) 2,103,697 10,508,104 Raia Drogasil SA 602,000 2,741,865 Bermuda – 0.7% Rumo SA (b) 724,700 2,688,783 Alibaba Health Information Technology Ltd. (b) 2,256,000 7,070,686 Sul America SA unit 165,877 1,209,956 Alibaba Pictures Group Ltd. (b) 6,760,000 854,455 Suzano Papel e Celulose SA (b) 418,317 4,744,045 Beijing Enterprises Water Group Ltd. 2,816,000 1,147,720 Telefonica Brasil SA 250,600 2,070,242 Brilliance China Automotive Holdings Ltd. 1,692,000 1,331,209 TIM SA 475,200 1,155,127 China Gas Holdings Ltd. 1,461,000 5,163,177 Totvs SA 274,600 1,425,346 China Resource Gas Group Ltd.
    [Show full text]
  • LATAM and Emerging Markets Conference Calendar 2021 Confirmed Date and Format to Be Confirmed
    LATAM and Emerging Markets Conference Calendar 2021 Confirmed Date and format to be confirmed 2021 June From To Location Conference Institution Latin America EMEA Global ESG 3 4 Virtual BofA Securities 2021 Emerging Markets Debt & Equity Conference BofA X X 6 6 Virtual BofA Securities Virtual Energy Credit Conference BofA X 7 11 Virtual 15th Annual Transport and Logistics Conference HSBC X 8 10 Virtual 2021 Global Energy Conference Credit Suisse X 8 9 Virtual 12th BBI London Virtual Conference Bradesco X 8 9 Virtual Global Industrials and Transportation Virtual Conference UBS X 9 9 Virtual Morgan Stanley Sustainable Futures Conferece Morgan Stanley X X 15 15 Virtual Scotiabank Latam Financials Forum Scotiabank X 23 23 Virtual UBS Virtual Latam Conference UBS X 23 23 Virtual 2021 Energy, Power and Renewables Conference JP Morgan X 30 30 Virtual BTG LatAm Opportunities Conference BTG Pactual X 29 1-Aug Virtual HSBC Financials Conference - a path to sustainability HSBC X X 30 1-Aug Virtual 2021 Brazil Transportation & Infrastructure Conference Credit Suisse X July From To Location Conference Institution Latin America EMEA Global ESG 8 8 Virtual 1st Credit Suisse ESG Forum Switzerland Credit Suisse X August From To Location Conference Institution Latin America EMEA Global ESG 11 13 Virtual 4th Annual FinTech Conference Credit Suisse X 25 26 Virtual CITI-SGX-REITAS REITS / SPONSORS FORUM Citi X September From To Location Conference Institution Latin America EMEA Global ESG 9 9 London Sustainability, ESG and Alpha Summit Citi X X 8 10 NYC 15th
    [Show full text]
  • Emerging Index - QSR
    2 FTSE Russell Publications 19 August 2021 FTSE RAFI Emerging Index - QSR Indicative Index Weight Data as at Closing on 30 June 2021 Index Index Index Constituent Country Constituent Country Constituent Country weight (%) weight (%) weight (%) Absa Group Limited 0.29 SOUTH BRF S.A. 0.21 BRAZIL China Taiping Insurance Holdings (Red 0.16 CHINA AFRICA BTG Pactual Participations UNT11 0.09 BRAZIL Chip) Acer 0.07 TAIWAN BYD (A) (SC SZ) 0.03 CHINA China Tower (H) 0.17 CHINA Adaro Energy PT 0.04 INDONESIA BYD (H) 0.12 CHINA China Vanke (A) (SC SZ) 0.09 CHINA ADVANCED INFO SERVICE 0.16 THAILAND Canadian Solar (N Shares) 0.08 CHINA China Vanke (H) 0.2 CHINA Aeroflot Russian Airlines 0.09 RUSSIA Capitec Bank Hldgs Ltd 0.05 SOUTH Chongqing Rural Commercial Bank (A) (SC 0.01 CHINA Agile Group Holdings (P Chip) 0.04 CHINA AFRICA SH) Agricultural Bank of China (A) (SC SH) 0.27 CHINA Catcher Technology 0.2 TAIWAN Chongqing Rural Commercial Bank (H) 0.04 CHINA Agricultural Bank of China (H) 0.66 CHINA Cathay Financial Holding 0.29 TAIWAN Chunghwa Telecom 0.32 TAIWAN Air China (A) (SC SH) 0.02 CHINA CCR SA 0.14 BRAZIL Cia Paranaense de Energia 0.01 BRAZIL Air China (H) 0.06 CHINA Cemex Sa Cpo Line 0.7 MEXICO Cia Paranaense de Energia (B) 0.07 BRAZIL Airports of Thailand 0.04 THAILAND Cemig ON 0.03 BRAZIL Cielo SA 0.13 BRAZIL Akbank 0.18 TURKEY Cemig PN 0.18 BRAZIL CIFI Holdings (Group) (P Chip) 0.03 CHINA Al Rajhi Banking & Investment Corp 0.52 SAUDI Cencosud 0.04 CHILE CIMB Group Holdings 0.11 MALAYSIA ARABIA Centrais Eletricas Brasileiras S.A.
    [Show full text]
  • Emerging Markets Equity Income Fund MARKETING COMMUNICATION
    WELLS FARGO (LUX) WORLDWIDE FUND | QUARTERLY COMMENTARY Q2 2021 | All information is as of 30 Jun 2021 unless otherwise indicated. Emerging Markets Equity Income Fund MARKETING COMMUNICATION Quarterly review GENERAL FUND INFORMATION ● The Emerging Markets Equity Income Fund underperformed the MSCI Emerging Portfolio managers: Alison Shimada, Markets Index (Net) but outperformed the MSCI Emerging Markets High Dividend and Elaine Tse Yield Index (Net) for the quarter that ended 30 June 2021. ● Positioning in communication services, utilities, South Africa and the Philippines Sub-adviser: Wells Capital contributed to relative attribution but was outweighed by negative stock selection in Management, Incorporated information technology (IT), industrials, China/Hong Kong and Taiwan. Benchmark: MSCI Emerging Markets Index (Net) Market review Fund inception: 29 Jun 2012 The MSCI Emerging Markets Index (Net) advanced 5.05% during the second quarter, INVESTMENT OBJECTIVES the fifth consecutive quarter of positive returns, taking the year-to-date return to AND PROCESS 7.45% and the one-year return to 40.90%. The MSCI Emerging Markets High Dividend ● The fund seeks long-term capital Yield Index (Net) underperformed, returning 2.31% during the second quarter. Ten out appreciation and current income. of eleven sectors generated positive returns during the quarter, including health care, ● The fund invests at least 80% of its industrials and energy. Real estate was the only sector that posted a negative return. At assets in dividend-paying emerging the country level, 17 out of 27 countries advanced, including Brazil, Poland, Hungary, market equity securities (companies the Czech Republic, Russia, the United Arab Emirates (UAE) and Saudi Arabia.
    [Show full text]
  • Including League Tables of Financial Advisors
    An Acuris Company Finding the opportunities in mergers and acquisitions Global & Regional M&A Report 2019 Including League Tables of Financial Advisors mergermarket.com An Acuris Company Content Overview 03 Global 04 Global Private Equity 09 Europe 14 US 19 Latin America 24 Asia Pacific (excl. Japan) 29 Japan 34 Middle East & Africa 39 M&A and PE League Tables 44 Criteria & Contacts 81 mergermarket.com Mergermarket Global & Regional Global Overview 3 M&A Report 2019 Global Overview Regional M&A Comparison North America USD 1.69tn 1.5% vs. 2018 Inbound USD 295.8bn 24.4% Outbound USD 335.3bn -2.9% PMB USD 264.4bn 2.2x Latin America USD 85.9bn 12.5% vs. 2018 Inbound USD 56.9bn 61.5% Outbound USD 8.9bn 46.9% EMU USD 30.6bn 37.4% 23.1% Europe USD 770.5bn -21.9% vs. 2018 50.8% 2.3% Inbound USD 316.5bn -30.3% Outbound USD 272.1bn 28.3% PMB USD 163.6bn 8.9% MEA USD 141.2bn 102% vs. 2018 Inbound USD 49.2bn 29% Outbound USD 22.3bn -15.3% Ind. & Chem. USD 72.5bn 5.2x 4.2% 17% 2.6% APAC (ex. Japan) USD 565.3bn -22.5% vs. 2018 Inbound USD 105.7bn -14.8% Outbound USD 98.9bn -24.5% Ind. & Chem. USD 111.9bn -5.3% Japan USD 75.4bn 59.5% vs. 2018 Inbound USD 12.4bn 88.7% Global M&A USD 3.33tn -6.9% vs. 2018 Outbound USD 98.8bn -43.6% Technology USD 21.5bn 2.8x Cross-border USD 1.27tn -6.2% vs.
    [Show full text]
  • Lazard Global Active Funds Plc
    Lazard Global Active Funds plc Interim Report and Unaudited Financial Statements For the period ended 30 September 2014 Contents Directors and Other Information .................................................................................... 4 Investment Managers’ Reports ...................................................................................... 5 Financial Statements C Profit and Loss Account ...................................................................................... 36 L Balance Sheet ..................................................................................................... 44 Statement of Changes in Net Assets attributable to Redeemable Participating Shareholders .................................................................................. 50 Notes to the Financial Statements ............................................................................... 67 Portfolios of Investments ............................................................................................. 80 CTIVE FUNDS P Supplemental Information A L Statements of Major Changes in Investments .................................................. 115 OBA L LAZARD G Lazard Global Active Funds plc Period ended 30 September 2014 3 Directors and Other Information Registered Office Investment Managers (continued) First Floor Lazard Gulf Limited Fitzwilton House Dubai International Financial Centre Wilton Place Level 2, Gate Village 1 Dublin 2 Sheikh Zayed Road Street IRELAND P.O. Box 506644 Manager DUBAI Lazard Fund Managers (Ireland)
    [Show full text]
  • BTG Pactual by the Numbers 9 Financial Results 9 Business Units 12 Awards 20 International Presence 22
    BTG Pactual ANNUAL REPORT 2018 Annual Report 2018 1 Letter from the Partnership 4 2 Culture and Values 7 People management 7 3 BTG Pactual by the numbers 9 Financial results 9 Business units 12 Awards 20 International presence 22 4 Commitment to society 24 Social responsibility 25 Sustainability 28 Compliance 29 5 Past, Present and Future 30 Annual Report 2018 3 Letter from the 1 Partnership It is a source of great pride that, after almost 40 years, at BTG Pactual we find ourselves well po- sitioned to take advantage of the great opportunities created by the technological revolution that is impacting every industry, including the financial sector, during one of the most disrup- tive periods in modern history. In 2018, BTG Pactual had strong performance in a year defined by political and macroeconomic challenges, and that is a testament to the durability of our franchise. We maintained our dis- cipline in implementing the bank’s core strategy, which we continue to streamline and make more efficient, despite the volatile state of the market and global uncertainty. A number of specific events caused volatility in our operational markets, such as the trucker strike, presidential elections in Brazil and Colombia, a new president in Chile, the increasing lack of confidence with regard to unemployment in developing countries, and the trade war between the United States and China. Nonetheless, we performed and are pleased with the results achieved in 2018. The bank made good progress in the execution of our global strategy and in the implementa- tion of new technologies across our business, which is essential for us to continue exceeding expectations and delivering financial products and services with the excellence expected by our clients, partners, associates, and the communities we serve.
    [Show full text]
  • Investment Vendors
    INVESTMENT VENDORS The following is a listing of the investment managers, custodians, and consultants that serve the Massachusetts public pension systems. The listing is based on information supplied by the retirement boards. Retirement Investment Vendors Board Adams • PRIT Amesbury • PRIT Andover • PRIT • RhumbLine Advisers Consultant: Dahab Associates Arlington • PRIT Custodian: People’s United Bank Attleboro • Amalgated Bank • Hancock Timber Resource Group, Inc. • PRIT Custodian: People’s United Bank • BTG Pactual Timberland Investment Group • Intercontinental Real Estate Corp. • RhumbLine Advisers Consultant: Dahab Associates Inc. • Copeland Capital Management • Invesco Core Real Estate USA, LP • State Street Global Advisors • Fidelity Institutional Asset Management • Invesco National Trust Company • Van Eck • Frontier Capital Management Co., LLC • Peregrine Capital Barnstable County • PRIT Belmont • AEW Capital Management, LP • HarbourVest Partners, LLC • PRIT Custodian: People’s United Bank • Atlanta Capital • Loomis, Sayles & Company • RhumbLine Advisers Consultant: NEPC, LLC • Carillion Tower Advisors • Pacific Investment Management Company, LLC • Rothschild Asset Management Inc. Berkshire County • PRIT Beverly • PRIT Blue Hills Regional • PRIT Boston (City) • 57 Stars, LLC • EnTrust Global Partners • Polunin Capital Partners • AEW Capital Management, LP • Goldentree Asset Management, LP • Prudential Capital Partners Custodian: State Street Bank & Trust • Alcentra NY, LLC • Grosvenor Capital Management, LP • Prudential
    [Show full text]
  • Redstone Commodity Update Q4 2016
    The Redstone Commodity Update Welcome to the Redstone Commodity Update 2016: Q4 2016 was an eventful year but the outlook for 2017 is looking far less bleak than twelve months ago. The markets have had to contend with repeated shockwaves. BTG Pactual rebranded themselves as Engelhart Commodities Trading Partners shortly before cutting away swathes of their business and the ever polarising forces of Brexit and Trump caused initial shocks without delivering devastating effects many predicted. However, as expected, the fourth quarter saw the usual end of year slowdown with a significant number of hires on the junior end of the spectrum. We saw the greatest volume in Q4 within the energy industry, with most of the hiring action happening in EMEA. Noteworthy Energy Talent Moves Marine fuel traders have remained in strong demand for the second quarter in a row despite 2016 being a weak year for shipping in general. OPEC’s recent decision to cut production promises to have far-reaching consequences. The sigh of relief coming from many producers and traders was almost audible even as it inflicts more pain on the already struggling shipping companies. Maersk Group have even taken to partnering with Alibaba to offer cargo space on container ships heading out of China, reducing their reliance on FFA brokers and traders. In Houston, Gunvor Group has set up a new trading office looking to trade across refined products, natural gas, asphalt and bitumen. In Q4, the company hired Rich Brockmeyer, Rick Sawyer and Jessica Lang. Rich has joined Gunvor as Head of North American Natural Gas.
    [Show full text]
  • Cayman Islands Monetary Authority
    CAYMAN ISLANDS MONETARY AUTHORITY Bank List - Category B Banks Licence # Institution Name Type of License Postal Address 90002 Alexandria Bancorp Limited Banking & Trust 2428 Grand Cayman KY1-1105 897245 Alhambra Bank & Trust Limited Banking & Trust 30275 Grand Cayman KY1-1202 78001 Allied Irish Banks, Public Limited Company Banking & Trust 694 Grand Cayman KY1-1107 74001 Altajir Bank Banking & Trust 691 Grand Cayman KY1-1107 96013 American Express Centurion Bank Banking 1353 Grand Cayman KY1-1108 82001 Arab Banking Corporation (B.S.C) Banking 1353 Grand Cayman KY1-1108 82002 Atlantic Security Bank Banking & Trust 1353 Grand Cayman KY1-1108 78002 Australia and New Zealand Banking Group Limited Banking 705 Grand Cayman KY1-1107 81006 BAC International Bank (Grand Cayman) Banking & Trust 694 Grand Cayman KY1-1107 100044 Banco ABC Brasil S.A. Banking 1353 Grand Cayman KY1-1108 78003 Banco Bilbao Vizcaya Argentaria, S.A. Banking & Trust 1353 Grand Cayman KY1-1108 100067 Banco BPI Cayman, Ltd. Banking & Trust 1353 Grand Cayman KY1-1108 100092 Banco BPI, S.A. Banking 1353 Grand Cayman KY1-1108 82004 Banco Bradesco S.A. Banking 1818 Grand Cayman KY1-1109 576940 Banco BTG Pactual S.A. Banking & Trust 1353 Grand Cayman KY1-1108 100173 BANCO DAYCOVAL S.A. Banking 1353 Grand Cayman KY1-1108 81009 Banco de la Nacion Argentina Banking 1353 Grand Cayman KY1-1108 76002 Banco do Brasil S.A. Banking 1360 Grand Cayman KY1-1108 83007 Banco do Estado do Rio Grande do Sul S.A. Banking 1353 Grand Cayman KY1-1108 100095 Banco Fibra S.A. Banking & Trust 1353 Grand Cayman KY1-1108 85005 Banco General (Overseas), Inc.
    [Show full text]
  • BTG PACTUAL CORPORATE PRESENTATION 4Th QUARTER 2018
    BTG PACTUAL CORPORATE PRESENTATION 4th QUARTER 2018 For additional information, please read carefully the notice at the end of this presentation 1 Table of Contents 1 2 3 4 BTG Pactual BTG Pactual BTG Pactual 4th Quarter Overview Business Units Financial Highlights 2018 Highlights Section 1 Section 2 Section 3 Section 4 2 BTG PACTUAL OVERVIEW SECTION 1 3 BTG Pactual at a Glance Core Business Investment Corporate Sales & Asset Wealth Principal Interest Banking Lending Trading Management Management Investments Participations & Others • Financial • Financing • Fixed Income • LatAm FI & • Investment • Global • EFG • Interest on Advisory • Structured • FX Eq. Advisory Markets • Banco Pan capital (M&A) Credit • Equities • Alternative • Financial • Merchant • ,too seguros Description • ECM • Letters of • Insurance Investments Planning to Banking • ECTP HNWI • DCM Credit • Commodities • Fund Services • Real Estate • Global Hedge Funds Net Revenues and Net Income Highlights Evolution R$ million 2017 2018 Total Assets R$126.6 bn R$ 137.6 bn (US$38.3 bn) (US$ 35.5 bn) 1,549 R$18.5 bn R$ 18.8 bn 1,370 Shareholders' Equity 1,310 (US$5.6 bn) (US$ 4.9 bn) 1,238 1,255 Revenues R$5.5bn R$5.4bn (US$1.7 bn) (US$1.4 bn) 744 R$2.4 bn R$2.4 bn 660 685 685 711 Net Income (US$0.7 bn) (US$0.6 bn) AuA and/or AuM R$144.9 bn R$ 207.5 bn (US$43.8 bn) (US$53.6 bn) 4Q 2017 1Q 2018 2Q 2018 3Q 2018 4Q 2018 WuM R$86.9 bn R$ 119.2 bn (US$26.3 bn) (US$30.8 bn) Total Revenues Net Income Adjusted 4 Notes: 1.
    [Show full text]
  • Corporate Presentation
    Corporate Presentation 4th Quarter 2020 For additional information, please read carefully the notice at the end of this presentation 1 Table of Contents 1 2 3 4 BTG Pactual BTG Pactual BTG Pactual 4th Quarter Overview Business Units Financial 2020 Highlights Highlights Section 1 Section 2 Section 3 Section 4 2 BTG Pactual Overview Section 1 3 BTG Pactual at a glance Core Business Investment Corporate Sales & Asset Wealth Principal Interest & Banking Lending Trading Management Management Investments Participations Others • Financial • Financing • Fixed Income • LatAm FI & Eq. • Investment • Global Markets • Banco Pan • Interest on Advisory • Structured • FX • Alternative Advisory • Merchant • ,too seguros capital (M&A) Credit • Equities Investments • Financial Banking • EFG • ECM • Letters of • Insurance • Fund Services Planning to • Real Estate • DCM Credit • Energy • Global Hedge HNWI • BTG+ • Brokerage Funds • BTG Pactual digital business • Credit • BTG+ Net Revenues and Net Income Evolution Highlights 2,825 2019 2020 2,486 2,482 2,478 Total Assets R$164.4 bn R$244.9 bn (US$40.8 bn) (US$47.1 bn) Shareholders' Equity R$21.4 bn R$26.7 bn (US$5.3 bn) (US$5.1 bn) 1,518 Revenues R$8.3 bn R$9.3 bn 1,258 (US$2.1 bn) (US$1.8 bn) 1,010 987 1,016 Net Income R$3.8 bn R$4.0 bn 789 (US$0.9 bn) (US$0.8 bn) AuM and/or AuA R$273.0 bn R$377.1 bn (US$67.7 bn) (US$72.6 bn) WuM R$168.0 bn R$258.4 bn 4Q 2019 1Q 2020 2Q 2020 3Q 2020 4Q 2020 (US$41.7 bn) (US$49.7 bn) Total Revenues Net Income Adjusted Note: 1.
    [Show full text]