Welcome to our dedicated page for Patria Investments news (Ticker: PAX), a resource for investors and traders seeking the latest updates and insights on Patria Investments stock.
Patria Investments Limited reports developments tied to its global alternative asset management platform, with recurring updates on operating results, fundraising, fee-related earnings, assets under management, dividends, and capital-structure matters. The firm focuses on mid-market investments across select regions, with activity in Infrastructure, Credit, Real Estate, Private Equity, Solutions (GPMS), and Public Equities.
Company news also covers Patria's private credit strategies, fund launches and closes, and corporate development across its asset-management platform. Its investment themes include agribusiness, power and energy, healthcare, logistics and transportation, food and beverage, and digital and technology services, with a particular emphasis on Latin America and broader global private markets relationships.
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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.
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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.