Patria Investments Sees Robust Growth in Q3 2024
Company Announcements

Patria Investments Sees Robust Growth in Q3 2024

Patria Investments (PAX) has released an update.

Patria Investments reported a strong third quarter for 2024, with Fee Earning Assets Under Management climbing to $34 billion, marking a significant 58% year-over-year increase. The firm generated $34.9 million in distributable earnings, equating to $0.23 per share, and successfully raised over $5.6 billion organically in the past year. Patria’s diversified growth strategy is proving effective, setting the stage for future expansion.

For further insights into PAX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskPatria Investments Reports Strong Q3 2024 Growth
TipRanks Auto-Generated NewsdeskPatria Investments Reports Asset Growth Amid Revenue Dip
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App