Patria Investments Ltd. (PAX) has released an update.
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Patria Investments Ltd. has reported a strong start to 2024, with a 13% increase in Fee Related Earnings, totaling over $35 million for the first quarter. The company also announced a quarterly dividend of $0.175 per share, demonstrating confidence in maintaining robust financial and AUM targets. This performance is bolstered by strategic growth through acquisitions, including abrdn’s private equity solutions business and Credit Suisse’s real estate business in Brazil.
For further insights into PAX stock, check out TipRanks’ Stock Analysis page.
