The head of global equities at the asset management arm of BTG Pactual, and part of the Brazilian bank's senior management, has left the company, according to a person familiar with the situation.
David Herzberg, chief investment officer of BTG Pactual's Global Equity Opportunities fund, was also part of BTG Pactual's global board and management committee. Herzberg was previously global head of equity derivatives at JP Morgan, before joining the Brazilian bank in 2011.