Grupo BTG Pactual, Brazil’s only publicly traded investment bank, gained about 4.4 billion reais ($1.5 billion) on its stake in medical-care provider Rede D’Or Sao Luiz SA, according to a person with direct knowledge of the matter.

BTG, which bought 25.6 percent of Sao Paulo-based Rede D’Or in 2010 for about 600 million reais, now has a stake of 23.6 percent valued at 4.97 billion reais after a capital raise announced yesterday, the person said, asking not to be identified because the holding isn’t public.

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