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.
Patria (Nasdaq:PAX) will host its fourth quarter and full year 2020 investor conference call on March 18, 2021, at 4:30 p.m. ET. Investors can register for the webcast here. A replay will be available on Patria's website for those unable to attend live. The firm manages over US$ 14 billion in assets and focuses on private equity and infrastructure investments across Latin America, aiming for consistent returns and sustainable value creation.
Patria Investments Limited announced the pricing of its initial public offering (IPO) of 30,098,824 Class A common shares at $17.00 per share. The offering includes 16,650,000 shares from Patria and 13,448,824 shares from Blackstone PAT Holdings IV. The shares will trade on Nasdaq under the ticker symbol PAX. The closing of the offering is anticipated on January 26, 2021. Patria intends to use the proceeds for capital commitments, operational expansion, and general corporate purposes. Underwriters hold a 30-day option for an additional 4,514,823 shares.