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Patria Investments completes acquisition of 51% stake in Solis Investimentos

Patria Investments (NASDAQ: PAX) completed its acquisition of a 51% stake in Solis Investimentos, a Brazilian manager specializing in CLO structuring and management, effective Jan 2, 2026.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Rhea-AI Summary

Patria Investments (NASDAQ: PAX) completed its acquisition of a 51% stake in Solis Investimentos, a Brazilian manager specializing in CLO structuring and management, effective Jan 2, 2026.

Pro-forma as of 3Q25, Solis' ~US$3.5bn of Fee-Earning AUM increases Patria's Credit FEAUM by over 40% to more than US$11.7bn. Solis' founders will continue to lead and its team of >100 professionals will remain in Fortaleza and São Paulo.

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Positive

  • 51% stake acquisition completed
  • Solis adds ~US$3.5bn Fee-Earning AUM
  • Credit FEAUM increases over 40% to >US$11.7bn
  • Founders retained as Solis leadership
  • Solis team of 100+ professionals retained

Negative

  • None.
Argus Jan 5 session
+5.03% close to close Open Argus
Details

News Market Reaction – PAX

On Jan 5, the first trading day after this news, PAX closed 5.03% above the previous close.

Data tracked by StockTitan Argus for the Jan 5 session.

Key Figures

Solis FEAUM added: US$3.5 bn Total Credit FEAUM: US$11.7 bn+ Stake acquired: 51% +5 more
Solis FEAUM added
US$3.5 bn
Fee-Earning AUM contributed by Solis pro-forma as of 3Q25
Total Credit FEAUM
US$11.7 bn+
Pro-forma Credit Fee-Earning AUM after adding Solis as of 3Q25
Stake acquired
51%
Equity interest in Solis Investimentos acquired by Patria
Solis team size
100+ professionals
Solis staff expected to remain in current roles post-transaction
Total AUM
US$50 bn+
Patria assets under management reported for Q3 2025
Fee Related Earnings
$49.5M
Q3 2025 FRE with 58.5% margin
Distributable Earnings
$46.9M ($0.30/share)
Q3 2025 DE per Patria’s earnings release
Quarterly dividend
$0.15/share
Dividend declared with Q3 2025 results

Historical Context

5 past events · Latest: Dec 19
5 events
  1. Dec 19

    Leadership change

    24h Move
    +0.1%

    Announced new Global COO role and upcoming CFO transition in 2026.

  2. Dec 11

    Real estate acquisition

    24h Move
    +0.4%

    Agreed to acquire RBR Gestão, adding US$1.3bn Real Estate FEAUM.

  3. Nov 26

    Credit acquisition

    24h Move
    +2.2%

    Agreed to acquire 51% of Solis, boosting Credit FEAUM by over 40%.

  4. Nov 04

    Q3 2025 earnings

    24h Move
    +3.0%

    Reported AUM >US$50bn, strong FRE/DE growth and declared dividend.

  5. Oct 08

    Earnings call notice

    24h Move
    -0.6%

    Announced schedule for Q3 2025 results release and investor call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

clo, fee-earning aum
2 terms
clo financial
"a leading Brazilian investment manager specializing in the structuring and management of CLOs."
A CLO (Collateralized Loan Obligation) is a financial vehicle that pools many corporate loans and sells slices of that pool to investors, with each slice carrying a different mix of risk and return—think of it as a loan-based fund cut into safe and risky pieces. It matters to investors because CLOs can offer higher yields than traditional bonds but expose buyers to borrowers’ defaults and changes in interest rates, so understanding which slice you own is key to gauging potential reward and loss.
fee-earning aum financial
"addition of Solis’ approximate US$ 3.5 bn of Fee-Earning AUM (“FEAUM”) will increase Patria’s total Credit FEAUM"
Fee-earning AUM is the portion of a firm’s total assets under management that generates fees paid by clients — for example management or performance fees — rather than assets that are non-fee or administrative. Think of it like the part of a store’s inventory that actually sells and brings in cash; for investors it signals the company’s primary revenue base, how sensitive income is to market moves or client withdrawals, and how scalable future earnings may be.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GRAND CAYMAN, Cayman Islands, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager, confirmed today the completion of its previously announced acquisition of a 51% stake in Solis Investimentos, a leading Brazilian investment manager specializing in the structuring and management of CLOs.

Pro-forma as of 3Q25, the addition of Solis’ approximate US$ 3.5 bn of Fee-Earning AUM (“FEAUM”) will increase Patria’s total Credit FEAUM by over 40% to more than US$ 11.7 bn, solidifying its position as a leading Credit platform in Latin America.

The partnership positions Solis for a new cycle of growth by connecting its high-quality credit origination, analysis, and monitoring capabilities to Patria's platform, expanding its access to both local and global capital.

Following the acquisition, Solis will continue to be led by its founders Delano Macedo and Ricardo Binelli. The Solis team, comprising over 100 professionals, will remain in their current roles, with offices in Fortaleza and São Paulo, Brazil.

Additional information on the transaction is available on the Shareholders Section of Patria’s website at https://ir.patria.com.

About Patria Investments

Patria is a global middle market alternative asset manager, specializing in key resilient and growth sectors. We are a leading asset manager in Latin America and have a strong presence in Europe through our extensive network of General Partners relationships. Our on-the-ground presence combines investment leaders, sector experts, company managers, and strategic relationships, allowing us to identify compelling investment opportunities accessible only to those with local proficiency. With 37 years of experience and over $51 billion in assets under management, we consistently deliver attractive returns through long-term investments, while promoting inclusive and sustainable development in the regions where we operate. Further information is available at www.patria.com.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these forward-looking statements by the use of words such as "outlook," "indicator," "believes," "expects," "potential," "continues," "may," "can," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We believe these factors include but are not limited to those described under the section entitled “Risk Factors” in our annual report on Form 20-F, as such factors may be updated from time to time in our periodic filings with the United States Securities and Exchange Commission (“SEC”), which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our periodic filings. The forward-looking statements speak only as of the date of this press release, and we undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

Media contact:

Burson / +44 20 7113 3468 / patria@hillandknowlton.com 

Patria Shareholder Relations:

E. PatriaShareholderRelations@patria.com
T. +1 917 769 1611


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Patria (PAX) announce on January 2, 2026 regarding Solis Investimentos?

Patria announced completion of its acquisition of a 51% stake in Solis Investimentos on Jan 2, 2026.

How much Fee-Earning AUM does Solis contribute to Patria's Credit platform?

Solis contributes approximately US$3.5bn of Fee-Earning AUM.

By how much does the Solis acquisition change Patria's Credit FEAUM (PAX)?

Pro-forma as of 3Q25, the addition increases Credit FEAUM by over 40% to more than US$11.7bn.

Will Solis leadership and staff remain after Patria's acquisition of PAX?

Yes; Solis will continue to be led by its founders and its team of over 100 professionals will remain in place.

Where are Solis Investimentos' offices located following the PAX acquisition?

Solis maintains offices in Fortaleza and São Paulo, Brazil.

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