Linklaters has won a role on Brazilian investment bank BTG Pactual’s sale of a $1.8bn (£1.1bn) stake to an investor group led by three of the world’s largest sovereign wealth funds, reports The Am Law Daily.

The magic circle firm is advising the is advising the investor group with a team comprising corporate partners Albert Luzarraga and Scott Sonnenblick, London private equity partner Carlton Evans and New York-based US tax head Stephen Land.