|Bid||8.71 x 0|
|Ask||9.09 x 0|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||11.43|
|Forward dividend & yield||0.35 (4.01%)|
|Ex-dividend date||07 Aug 2023|
|1y target est||N/A|
Fortitude Capital, founded by former Goldman Sachs partner Antonio Esteves, Brazilian bank BTG Pactual and Portuguese asset manager Atrium, has launched its first fund with a target size of up to 500 million euros ($550 million). Esteves said on Tuesday that, though focused on investing in Portugal, the fund would not exclude opportunities abroad, and was targeting any sector through instruments such as equity, hybrid debt or senior debt. He said that, contrary to the majority of funds in Portugal, the first Fortitude fund would be mostly funded by private investors and its founders will be the fund's biggest investors.
BTG Pactual, one of Latin America's largest investment banks, has introduced a dollar-backed stablecoin through its crypto platform Mynt.
Brazil's BTG Pactual said on Tuesday it will launch a stablecoin priced in U.S. dollars at a parity of one to one, as it seeks to position itself in the digital assets market. The stablecoin, called BTG Dol, will be available on Mynt, the bank's crypto-asset platform, and through BTG Pactual's own investment system. A stablecoin is a type of cryptocurrency that is pegged to a stable asset as a way to reduce volatility.