Patria Investments Ltd Stock Price, News & Analysis

Patria (Nasdaq:PAX) will release its first quarter 2023 financial results on May 4, 2023, at 9:00 a.m. ET. This event will be accompanied by a conference call accessible via public webcast, allowing investors and the public to follow the results live. For those unable to attend, a replay of the webcast will be available in the Shareholders section on Patria’s website. Patria is a prominent alternative investment firm in Latin America, managing approximately $27.2 billion in assets across various investment sectors including Private Equity, Infrastructure, Credit, Public Equities, and Real Estate. The firm focuses on providing long-term investment opportunities while aiming to create sustainable value for society.

Patria (Nasdaq:PAX) announced strong financial results for Q4 and the full year 2022, achieving a net income of $46.5 million in Q4 and $93.0 million for the year. The company reported Fee Related Earnings (FRE) of $35.3 million in Q4, a 20% increase year-over-year, with an FRE margin of 58%. For the full year, FRE grew by 51% to $130.0 million. Distributable Earnings were $53.3 million in Q4, equating to $0.36 per share, and $147.1 million for the year, at $1.00 per share. Additionally, Patria declared a quarterly dividend of $0.308 per share, payable on March 22, 2023, following the record date of March 1.

Patria (Nasdaq:PAX) has announced the release date for its financial results for the fourth quarter and full year 2022, scheduled for February 14, 2023. A conference call will be held at 9:00 a.m. ET, accessible via public webcast. The event aims to provide stakeholders with essential updates on the company's performance. Patria, an alternative investment firm with over 30 years of experience, manages $26.5 billion in assets across various sectors, including Private Equity and Infrastructure. Interested parties can register for the call and access the webcast replay on Patria's website.

Patria Investments Limited (NASDAQ: PAX) has finalized agreements to divest its interests in ODATA, a Brazilian data center service provider, and a partial stake in Entrevias, a toll road operator in São Paulo. These divestments are projected to yield around $1.4 billion for Patria's Infrastructure Fund III. ODATA, known for its expanding operations across Latin America, will be acquired by Aligned Data Centers. This action highlights Patria’s strategy to address infrastructure bottlenecks and optimize asset performance, expanding cumulative distributions to fund investors to approximately $2 billion.

Patria Investments (NASDAQ: PAX) has acquired Igah Ventures, enhancing its Venture Capital strategy in Latin America. This acquisition allows Patria to address all growth stages, complementing its existing Private Equity strategies focused on mature companies.

Igah Ventures, operating since 2013, manages $320 million in total assets and has a robust track record investing in startups. The deal includes an upfront cash payment, equity in PAX Class A shares, and an earnout based on fundraising targets. This partnership aims to leverage Patria's extensive platform to accelerate growth for both companies.

Patria (Nasdaq:PAX) announced its Q3 2022 results, reporting $12.2 million in net income, a 46% increase in Fee Related Earnings to $31.7 million, and distributable earnings of $29.7 million, equivalent to $0.20 per share. The company raised over $2.7 billion this year, reflecting a 67% year-to-date increase in Fee Related Earnings, maintaining its guidance for 2022. A quarterly dividend of $0.171 per share was declared, payable on December 7, 2022. Patria boasts $26.5 billion in assets under management and a 57% FRE margin.

Patria (Nasdaq:PAX) will host its inaugural Investor Day on December 5, 2022, in New York, starting at 1 PM ET. The event will feature presentations from the senior leadership team highlighting Patria's multi-year growth strategy and market outlook, followed by a Q&A session. Registration details will be available on Patria's website soon. With over 30 years in the industry and $26.3 billion in assets, Patria specializes in alternative investments across Latin America, aiming to provide consistent returns across various sectors including Private Equity and Real Estate.

Patria (Nasdaq: PAX) is set to announce its financial results for Q3 2022 on November 3, 2022, at 10:30 a.m. ET. A public webcast will accompany the release. Interested parties can register through a provided link. For those unable to attend live, a replay will be available on Patria's website. As a prominent alternative investment firm in Latin America, Patria manages $26.3 billion in assets and specializes in Private Equity, Infrastructure, Credit, Public Equities, and Real Estate.