Money Management

BTG Pactual picks BlackRock veteran as head of equities

Will Landers was named partner and head of equities at BTG Pactual Asset Management, a spokeswoman confirmed.

Mr. Landers will join the Latin American money manager on March 18 following the impending departure of Jose Zitelmann. Mr. Zitelmann is leaving to "pursue other professional ventures," a BTG Pactual news release said. His plans could not be immediately learned.

Mr. Landers was previously portfolio manager of Latin American equity funds and head of Latin America research at BlackRock (BLK). Ed Kuczma, a director of Latin American equities at BlackRock, took over his lead portfolio management responsibilities, according to an internal memo shared by the company.