GIC and CIC invest in Brazil's BTG Pactual

The Government of Singapore Investment Corporation, China Investment Corporation and Abu Dhabi Investment Council make their first foray into Latin America by participating in a $1.8 billion investment in Brazilian financial services firm BTG Pactual.

Brazilian investment bank BTG Pactual will increase its capital base by $1.8 billion with the introduction of new investors, including the Government of Singapore Investment Corporation (GIC) and China Investment Corporation (CIC).

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