Patria Investments Ltd - Class A

Patria Investments is a global alternative asset manager focused on the mid-market segment and on resilient sectors such as agribusiness, power and energy, healthcare, logistics and transportation, food and beverage, and digital and tech services. It manages about $62.4 billion of total AUM, of which $48.1 billion is fee-earning. Its asset classes are:
- Infrastructure
- Credit, including Latam high yield, local currency debt, Chilean fixed income and the Brazilian credit/CLO business Solis
- Real Estate, including Brazilian listed REITs such as Patria Log (HGLG) and RBR funds
- Private Equity
- GP-led solutions (GPMS), including secondaries and the Patria Private Equity Trust
- Public Equities

It invests across Latin America, Europe and the U.S. Revenue comes mainly from recurring management fees charged on drawdown funds, interval and open-ended funds, REITs, SMAs and permanent capital vehicles. These are supplemented by incentive fees, advisory fees and performance fees (carried interest) from drawdown funds, with $260 million of net accrued performance fees as of September 30, 2026. Recent growth has come from acquisitions, including Solis, RBR and WP Global Partners, and partnerships such as its 51% venture with Bancolombia. It also owns a majority stake in energy trading business Tria. Its fundraising base is increasingly diversified, with one-third of 2026 year-to-date capital sourced from outside Latin America. Patria is listed on Nasdaq under the ticker PAX. Updated Nov 3, 2026