February 11, 2019 / 12:27 PM / 10 months ago

MOVES-Brazil's BTG Pactual taps BlackRock veteran for equity funds

SAO PAULO, Feb 11 (Reuters) - Brazilian investment bank Banco BTG Pactual SA has tapped former BlackRock Inc veteran portfolio manager Will Landers as its new head of equity funds, according to a statement.

BTG Pactual said Landers will join the bank as a partner starting on March 18, replacing José Zitelmann, who it said is leaving the bank “to pursue other professional projects.”

Landers left BlackRock in January along with two analysts based in São Paulo. At the time, he was overseeing $2 billion in assets.

BTG Pactual’s asset management unit has 184 billion reais ($49.28 billion) under management. The bank did not immediately disclose how much of that is in equity funds. ($1 = 3.7338 reais) (Reporting by Carolina Mandl, Editing by Franklin Paul)

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