Banco BTG Pactual S.A. (BOVESPA:BPAC3) is looking for acquisitions. Roberto Balls Sallouti said, "Yes, we are always analyzing potential acquisitions. As you know, we have a history of being quite active in that we basically see two types of acquisitions, those that help us add or speed up new product offerings to our client base or those acquisitions that help us bring scale faster to our current businesses.

So we continue to analyze these two opportunities. Of course, the recent market volatility the more restrictive private equity and venture capital markets makes these opportunities become, let's say, happen more often. So yes, we're analyzing all this, nothing transformational.

But if there are acquisitions that we think complement our product offering or help us speed up time to market or help us bring scale to the current businesses at what we consider fair prices, we will definitely be looking into those".