Patria Investments completes acquisition of 51% stake in Solis Investimentos
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.
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.
News Market Reaction – PAX
On the day this news was published, PAX gained 5.03%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
PAX was roughly flat (-0.19%) while peers showed mixed, modest moves (e.g., GCMG -0.09%, BBUC +0.69%, DBRG +0.52%), suggesting this acquisition completion read more as a stock‑specific catalyst than a broad sector shift.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 19 | Leadership change | Neutral | +0.1% | Announced new Global COO role and upcoming CFO transition in 2026. |
| Dec 11 | Real estate acquisition | Positive | +0.4% | Agreed to acquire RBR Gestão, adding US$1.3bn Real Estate FEAUM. |
| Nov 26 | Credit acquisition | Positive | +2.2% | Agreed to acquire 51% of Solis, boosting Credit FEAUM by over 40%. |
| Nov 04 | Q3 2025 earnings | Positive | +3.0% | Reported AUM >US$50bn, strong FRE/DE growth and declared dividend. |
| Oct 08 | Earnings call notice | Neutral | -0.6% | Announced schedule for Q3 2025 results release and investor call. |
Recent corporate and acquisition news has generally aligned with modestly positive price reactions, especially for FEAUM-accretive deals.
Over the last few months, Patria has reported steady expansion and corporate evolution. Q3 2025 earnings on Nov 4 highlighted AUM above $50 billion and strong FRE and DE, with a positive share reaction. Subsequent acquisition announcements for RBR Gestão and Solis, both adding Fee‑Earning AUM and expected to be accretive, also saw mild gains. A new COO and future CFO transition were received neutrally. Today’s completion of the Solis deal follows this pattern of scaling specialized credit capabilities on top of a growing platform.
Market Pulse Summary
The stock moved +5.0% in the session following this news. A strong positive reaction would align with prior FEAUM-accretive announcements, where acquisitions of Solis and RBR Gestão both coincided with modest gains of 0.44–2.22%. Sustained strength would likely depend on how efficiently the added US$3.5 bn of credit FEAUM integrates into Patria’s platform and whether execution risk or deal fatigue emerges after multiple consecutive transactions.
Key Terms
clo financial
fee-earning aum financial
AI-generated analysis. Not financial advice.
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
Pro-forma as of 3Q25, the addition of Solis’ approximate US
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
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
What did Patria (PAX) announce on January 2, 2026 regarding Solis Investimentos?
How much Fee-Earning AUM does Solis contribute to Patria's Credit platform?
By how much does the Solis acquisition change Patria's Credit FEAUM (PAX)?
Will Solis leadership and staff remain after Patria's acquisition of PAX?
Where are Solis Investimentos' offices located following the PAX acquisition?
