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Patria Investments ( (PAX) ) has issued an update.
On February 12, 2025, Patria Investments Limited reported its unaudited financial results for the fourth quarter and full year of 2024, showcasing a significant year of growth and achievement. The company raised $5.5 billion in 2024, surpassing its $5 billion target, and generated Fee Earning Assets Under Management (AUM) of $33 billion, reflecting a 38% year-over-year increase. Patria achieved Fee Related Earnings (FRE) of $170 million for the year, marking a 15% growth from 2023. Additionally, the company reported $189 million in Distributable Earnings and announced a quarterly dividend of $0.15 per share. The results highlight Patria’s successful diversification and strategic investments, positioning it for further growth in 2025 with a fundraising target of $6 billion and FRE expectations of $200 to $225 million.
More about Patria Investments
Patria is a global alternative asset manager and industry leader in Latin America with over 35 years of experience. The company has total assets under management of $41.9 billion, offering a diversified platform that includes strategies such as Private Equity, Infrastructure, Credit, Real Estate, Public Equities, and Global Private Markets Solutions. Patria serves as a gateway to alternative investments for both local investors in Latin America and global investors.
YTD Price Performance: 4.90%
Average Trading Volume: 565,029
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.85B
For detailed information about PAX stock, go to TipRanks’ Stock Analysis page.