SAO PAULO, May 27 (Reuters) - Brazilian investment bank

BTG Pactual has agreed to buy assets from lender

Banco Master's controller Daniel Vorcaro, it said in a

securities filing on Tuesday, including real estate, stocks and

credit rights.

The deal, which is seen at about 1.5 billion reais ($266.07

million), was approved by Brazil's central bank and credit

guarantee fund FGC, BTG said, adding that Vorcaro has committed

to make the funds available to financially troubled Master.

($1 = 5.6377 reais)