BTG Pactual Gets Closer to Offloading Ariel Re

Grupo BTG Pactual SA is getting closer on exiting its US$ 1.3 billion insurance venture with the Abu Dhabi Investment Council (ADIC). BTG Pactual has been looking to sell non-core assets and shore up cash, as the firm looks to halt global expansion for the time being. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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