Patria Investments Ltd Stock Price, News & Analysis

Patria Investments Limited (PAX) announced that its portfolio company, Lavoro Limited, is set to merge with TPB Acquisition Corporation I, creating the first US-listed pure-play Latin American agricultural inputs retailer. This transaction, expected to conclude in Q4 2022, aims to bolster Lavoro’s expansion through increased capital and technological expertise. Lavoro, Brazil’s largest agricultural inputs retailer, plans to enhance global food security and sustainability. As of mid-2022, Patria's Private Equity Fund V, which invested in Lavoro, reportedly held a net IRR of 24%.

Patria (Nasdaq:PAX) reported robust financial results for Q2 2022, showcasing a net income of $15.9 million and a significant rise in Fee Related Earnings to $31.1 million, up 76% from the previous year. The FRE margin stood at 56%, with Distributable Earnings reported at $29.2 million, or $0.20 per share. A quarterly dividend of $0.169 per share was declared, payable on September 16, 2022. Despite challenging global financial conditions, Patria remains on track with its 2022 financial and fundraising targets and has made strategic acquisitions to bolster its real estate platform.

Patria (Nasdaq:PAX) will announce its second quarter 2022 financial results on August 9, 2022, at 9:00 a.m. ET. A conference call will be available via public webcast.

Investors can register for the call with a provided link and access a replay on Patria’s website afterward. The firm specializes in alternative investments in Latin America, managing $27.6 billion in assets across various sectors, including Private Equity and Infrastructure.

Patria Investments (NASDAQ: PAX) announced its agreement to acquire VBI Real Estate, a leading alternative real estate manager in Brazil, significantly enhancing its real estate platform. The deal includes a two-stage acquisition, with the first phase securing 50% of VBI, valued at approximately R$ 5 billion in assets. This strategic move aims to leverage VBI's robust market position, which has seen an annualized AUM growth of 38% from 2018 to 2021. The Brazilian real estate market, valued at R$ 220 billion, presents lucrative opportunities for Patria and its investors.

Patria (Nasdaq:PAX) reported strong Q1 2022 results, achieving a net income of $18.3 million and Fee Related Earnings (FRE) of $31.9 million, marking an 85% increase from Q1 2021. The FRE margin stood at 58%, with Distributable Earnings of $35.0 million or $0.24 per share, a 90% increase per share year-over-year. New capital inflows reached $1.5 billion. The company declared a quarterly dividend of $0.202 per share, payable on June 16, 2022, to holders recorded on June 2, 2022.

Patria (Nasdaq:PAX) will release its financial results for Q1 2022 on May 10, 2022, at 9:00 a.m. ET. A conference call will follow, accessible via public webcast. Interested parties can register online. For those unable to attend, a replay will be available on Patria's website. As of December 31, 2021, Patria managed $23.8 billion in assets and focuses on Latin America, providing investment opportunities in Private Equity, Infrastructure, Credit, Public Equities, and Real Estate.

Patria (Nasdaq:PAX) reported significant financial growth for Q4 and the full year of 2021. The company posted a net income of $13.3 million in Q4 and $121.3 million for the entire year. Fee Related Earnings saw a 46% increase to $29.3 million in Q4, while full year FRE reached $86.0 million, marking a 21% rise. Distributable Earnings were reported at $27.7 million for Q4, translating to $0.188 per share, and $141.3 million for the full year, or $1.023 per share. Patria also declared a quarterly dividend of $0.160 per share. The company aims to continue its growth in 2022.

Patria (Nasdaq:PAX) is set to release its financial results for Q4 and the full year of 2021 on February 15, 2022, at 9:00 a.m. ET. A public conference call will accompany the release, allowing stakeholders to hear about the company’s performance and outlook directly. Interested parties can register for the call through a provided link. The firm manages nearly $25 billion in assets, bolstered by its recent combination with Moneda Asset Management. The announcement aligns with Patria's commitment to delivering attractive returns and sustainable value in alternative investments across Latin America.

Patria Investments (NASDAQ: PAX) has launched a new Growth Equity strategy in collaboration with Kamaroopin, a private markets investment group. This partnership will be executed in two stages: acquiring a 40% minority stake and potentially a full business combination contingent on fundraising success. The Latin American market for Venture Capital and Growth Equity exceeds $15 billion, with significant demand. Kamaroopin's portfolio boasts a 2.7x gross multiple based on valuations, positioning Patria for future growth and profitability.