Private fund adviser · New York, NY
BTG Pactual Asset Management US , LLC
SEC-registered investment adviser · CRD 152538 · SEC 801-71004
At a glance
BTG Pactual Asset Management US , LLC is an SEC-registered investment adviser based in New York, New York, with $30.1 billion in regulatory assets under management as of its Form ADV filed September 18, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 216 individual clients. By Form ADV it is a private fund adviser, ranked 259th of 4,686 private fund advisers and 654th of 17,210 SEC-registered advisers by assets.
Main office 212-293-4600btgpactual.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $30B
- Rank among private fund advisers
- #259 of 4,686
- Rank among all SEC RIAs
- #654 of 17,210
- Rank in New York
- #172 of 2,591
- Individual clients
- 216
- High-net-worth clients
- 139
- Accounts
- 621
- Discretionary
- 99% of AUM
- Employees
- 180
- Advisory staff
- 108
- Offices
- 11
Owners and executives on its Form ADV
- John J. FathManaging Partner
- William G. RoseChief Operating Officer
- Alexis G. MaronChief Financial Officer
- Dagmara K. FrankowskaChief Compliance Officer
- Carolina Ribeiro O. CuryChief Legal Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
BTG Pactual Asset Management US , LLC is a hybrid RIA: 60 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: BTG Pactual Argentina S.A.U., BTG Pactual Capital S.A. De C.V. Sofom, BTG Pactual Casa De Bolsa S.A. De C.V., BTG Pactual Chile S.A. Corredores De Bolsa, BTG Pactual Corretora De Resseguros Ltda., BTG Pactual Corretora De Titulos E Valores Mobiliarios S.A., BTG Pactual Investment Banking Ltda, BTG Pactual Peru S.A. Sociedad Agente De Bolsa, BTG Pactual S.A. Comisionista De Bolsa, BTG Pactual US Capital, LLC, Banco BTG Pactual S.A., Banco PAN S.A. and EQI Corretora De Titulos E Valores Mobiliarios S.A..
- BTG Pactual Argentina S.A.U.
- BTG Pactual Capital S.A. De C.V. Sofom
- BTG Pactual Casa De Bolsa S.A. De C.V.
- BTG Pactual Chile S.A. Corredores De Bolsa
- BTG Pactual Corretora De Resseguros Ltda.
- BTG Pactual Corretora De Titulos E Valores Mobiliarios S.A.
- BTG Pactual Investment Banking Ltda
- BTG Pactual Peru S.A. Sociedad Agente De Bolsa
- BTG Pactual S.A. Comisionista De Bolsa
- BTG Pactual US Capital, LLC ↗CRD 149486
An introducing broker-dealer: its trades clear through Pershing, which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
- Banco BTG Pactual S.A.
- Banco PAN S.A.
- EQI Corretora De Titulos E Valores Mobiliarios S.A.
Its Form ADV brochure (filed September 2026) names B TG Pactual US Capital as the broker-dealer its advisers are registered with.
on for the sale of securities or other investment products, including trail fees or service fees from the sale of mutual funds, in their individual capacities as registered representatives of B TG Pactual US Capital, LLC. • Please refer to
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 57 | $20B | 67% |
| Sovereign wealth funds and foreign official institutions | – | $7.3B | 24% |
| Corporations or other businesses | 343 | $1.7B | 6% |
| High-net-worth individuals | 139 | $1.1B | 4% |
| Individuals | 77 | $35M | <1% |
Private funds
BTG Pactual Asset Management US , LLC reports 35 private funds with $20B in gross assets: hedge funds, private equity funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
BTG Pactual Asset Management US , LLC answers yes to 2 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
- Commissions
- Performance-based fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗btgpactual.com ↗
AtlasMembers
The full record on BTG Pactual Asset Management US , LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 521 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 4Locked
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Background
Questions
How much does BTG Pactual Asset Management US , LLC manage?
BTG Pactual Asset Management US , LLC reports $30.1 billion in regulatory assets under management across 621 accounts, 99% of it on a discretionary basis, on its Form ADV filed September 18, 2026.
What kind of firm is BTG Pactual Asset Management US , LLC?
BTG Pactual Asset Management US , LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. It reports a bank or thrift among its related persons.
Who are BTG Pactual Asset Management US , LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($20.0 billion, 57 clients); sovereign wealth funds and foreign official institutions ($7.3 billion); corporations or other businesses ($1.7 billion, 343 clients).
Does BTG Pactual Asset Management US , LLC manage private funds?
Yes. It reports 35 private funds with $19.6 billion in gross assets, including hedge funds, private equity funds, other private funds.
Does BTG Pactual Asset Management US , LLC have any disciplinary history?
BTG Pactual Asset Management US , LLC answers yes to 2 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is BTG Pactual Asset Management US , LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-18), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →