LISBON, Portugal, October 14, 2015 /PRNewswire/ —

Aethel Partners LLP is pleased to confirm the signature by its client, Pivot, SGPS, SA, of the sale agreement with Parparticipadas for Banco Efisa.

Pivot, SGPS, SA is confident on the revitalization of Banco Efisa, through growth in its home market and through internationalization into new markets, including Angola, Mozambique, Brazil and Latin America.

“Pivot SGPS, SA will move forward with a series of initiatives to achieve the internationalization of Banco Efisa in strategic markets, backed by management and governance best practices,” said Ricardo Santos Silva, co-founder of Aethel Partners and shareholder of Pivot, SGPS, SA.

“We are delighted to take this important step toward the future of Banco Efisa and look forward to further progress in the Bank’s growth into a reference institution in its markets,” affirmed Ricardo Santos Silva.

In addition to Ricardo Santos Silva, Aba Schubert, Mário Palhares and António Bernardo are also shareholders of Pivot, SGPS, SA.

London-headquartered Aethel Partners is a financial advisory business regulated by the UK Financial Conduct Authority and is acting as exclusive financial advisor to Pivot in connection with its acquisition of Banco Efisa.

Ricardo Santos Silva and Aba Schubert:

Ricardo Santos Silva is a specialist in financial markets, namely asset management, having been involved in some of the largest acquisitions and financial restructurings in Europe and the US. Prior to founding Aethel Partners, Ricardo Santos Silva was Vice President at Lyxor Asset Management, a hedge fund manager focusing on alternative investments in London.

Aba Schubert has extensive experience in the financial industry, spanning special situations and distressed investing, private equity and liquid markets strategies. Prior to founding Aethel Partners, Aba Schubert was a partner at Eton Park International, an alternative investment firm. Earlier in her career, Aba Schubert practiced law at Simpson, Thacher & Bartlett and was a Teaching Fellow at Harvard University.

For more information:
Vitor Cunha, vcunha@jlma.pt, +351-966-619-794
Jos Barata, jbarata@jlma.pt, +351-962-013-726

SOURCE Aethel Partners