Patria Investments Ltd Stock Price, News & Analysis

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.

Patria Investments (NASDAQ: PAX) has successfully completed its merger with Moneda Asset Management, enhancing its asset management capabilities to nearly $25 billion.

This strategic combination significantly strengthens Patria's offerings in Private Equity, Infrastructure, and Credit within Latin America. With Moneda's expertise, Patria now boasts the largest credit investment platform in the region, managing over $5 billion. The deal opens opportunities for cross-selling between their institutional client bases, solidifying their market position.

Patria (Nasdaq:PAX) announced its Q3 2021 financial results, reporting a net income of $21.5 million and a 24% increase in Fee Related Earnings (FRE) to $21.8 million. The FRE margin stood at 58%, while Distributable Earnings amounted to $22.5 million or $0.165 per share. The company is on track to exceed $75 million in Fee Related Earnings for the year. A quarterly dividend of $0.140 per share has been declared, with a payment date of December 16, 2021. Patria also announced its merger with Moneda Asset Management as part of its growth strategy.

Patria (Nasdaq:PAX) will release its third quarter 2021 financial results on November 18, 2021, followed by a conference call at 9:00 a.m. ET. The call will be accessible via a public webcast. For those who miss the live session, a replay will be available on Patria's website.

Patria is a leading investment firm in Latin America, managing over US$15.8 billion in assets. The company focuses on private equity, infrastructure, and various country-specific investment products, aiming to deliver sustainable value and attractive returns.

Patria Investments (NASDAQ: PAX) announced its merger with Moneda Asset Management on September 3, 2021, which will result in a dominant investment platform in Latin America with $25.9 billion in assets under management. The transaction strengthens Patria's offerings, particularly in credit investments, and positions it as a leading player in Private Equity and Infrastructure. Moneda, with a robust history of top performance, will enhance cross-selling opportunities. The deal, valued at $315 million, is expected to close by the end of 2021, pending regulatory approval.

Patria Investments Limited (PAX: NASDAQ) announced the full divestment of Centro de Imagem Diagnosticos S.A. (Alliar) through a private sale of 25,012,323 common shares. This transaction marks a significant move towards completing the divestment process of its Private Equity Fund III, which has delivered top quartile returns in Latin America since 2007. The divestment is subject to regulatory approvals and the termination of a Shareholders’ Agreement. Alliar, a major player in Brazil's medical diagnostics sector, is focused on expanding through acquisitions and partnerships.

Patria (Nasdaq:PAX) announced its Q2 2021 results, featuring a net income of $73.4 million and Fee Related Earnings (FRE) of $17.6 million, a 19% increase year-over-year. The company reported distributable earnings of $74.2 million, translating to $0.545 per share, boosted by $56.4 million in Performance Related Earnings. A quarterly dividend of $0.463 per share was declared, payable on September 16, 2021. Patria continues to accelerate capital deployment and earnings growth, highlighting a robust financial position.

Patria Investments Limited (PAX: NASDAQ) announces its successful acquisition of two toll road projects in Colombia: Malla Vial del Valle and Santa-Mocoa-Neiva. The company will invest up to US$345 million through its Infrastructure Fund IV. The Rutas del Valle project involves a 356km toll road network with an equity commitment of US$115 million, while Ruta al Sur is a 484km project with an estimated US$700 million in road improvements. These ventures deepen Patria’s foothold in Latin America, managing approximately 3,500 kilometers of toll roads.

Patria (Nasdaq: PAX) will release its Q2 2021 financial results on August 19, 2021, followed by a conference call at 9:00 a.m. ET. The results will be accessible via a public webcast, with a replay option on Patria’s website. Notably, Patria manages over US$ 14 billion in assets and has a presence in Latin America’s private markets, focusing on long-term investment opportunities across various products, including Private Equity and Infrastructure.