Patria(PAX)
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Patria Reports Fourth Quarter & Full Year 2024 Earnings Results
Globenewswire· 2025-02-12 11:00
Core Insights - Patria reported strong financial results for Q4 and full year 2024, highlighting a transformational year with significant fundraising and growth in assets under management [2][3] - The company raised $5.5 billion in 2024, surpassing its target of $5 billion, with a diverse range of strategies contributing to this success [2] - Fee Earning AUM reached $33 billion, reflecting a year-over-year growth of 38%, while Fee Related Earnings (FRE) for the full year were $170 million, up 15% from 2023 [2][3] Financial Performance - In Q4 2024, Patria generated net income of $56.8 million, with total net income for the full year at $73.4 million [3] - FRE for Q4 2024 was $54.8 million, an 18% increase from $46.7 million in Q4 2023, resulting in an FRE margin of 59% [3] - Distributable Earnings for Q4 2024 were $89.1 million, or $0.58 per share, and for the full year, they totaled $189.2 million, or $1.24 per share [3] Dividends - Patria declared a quarterly dividend of $0.15 per share, payable on March 17, 2024, to record holders as of February 28, 2025 [4] Future Outlook - The company aims to raise $6 billion and achieve FRE of $200 to $225 million in 2025, indicating confidence in continued growth and diversification of its platform [2]
Patria Investments Announces Sale of Aguas Pacifico
Newsfilter· 2025-01-31 13:30
GRAND CAYMAN, Cayman Islands, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Patria Investments Limited ("Patria") (NASDAQ:PAX), a global alternative asset manager, announced that Patria Infrastructure Fund III ("IS Fund III") has substantially met the conditions precedent necessary for the sale of Aguas Pacifico, a multi-client water desalination project under construction in Chile, to Patria Infrastructure Fund V ("IS Fund V") and other investors. The agreement for the transaction was signed in December 2024. The sale ...
My Biggest Investment For 2025: Patria Investments
Seeking Alpha· 2025-01-17 12:05
Company Overview - The company operates under the High Yield Investor profile, supported by a team of analysts who collaborate on research but do not necessarily share the same top holdings [1] - The company offers a 2-week free trial for full access to its market-crushing Portfolio and current Top Picks [1] Market Position - The company is the fastest-growing and best-rated stock-picking service on Seeking Alpha, with a perfect 5/5 rating from 180 reviews [2] - The company emphasizes that users will not be charged during the free trial period, highlighting a risk-free opportunity to explore its services [2]
Patria Announces Fourth Quarter & Full Year 2024 Investor Call
GlobeNewswire News Room· 2025-01-16 22:00
GRAND CAYMAN, Cayman Islands, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the fourth quarter and full year 2024 on Wednesday, February 12, 2025, and host a conference call via public webcast at 9:00 a.m. ET. To register, please use the following link: https://edge.media-server.com/mmc/p/e5czewmy For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria’s website at https://ir.pat ...
Patria Announces Fourth Quarter & Full Year 2024 Investor Call
Newsfilter· 2025-01-16 22:00
GRAND CAYMAN, Cayman Islands, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Patria (NASDAQ:PAX) announced today that it will release financial results for the fourth quarter and full year 2024 on Wednesday, February 12, 2025, and host a conference call via public webcast at 9:00 a.m. ET. To register, please use the following link: https://edge.media-server.com/mmc/p/e5czewmy For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria's website at https://ir.pat ...
Patria Investments: Don't Miss Out Here
Seeking Alpha· 2024-12-16 19:45
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Kindly note that our content on Seeking Alpha and other platforms doesn't constitute financial advice ...
Patria Investments' Q3: Strong Fundraising And Attractive Valuation
Seeking Alpha· 2024-11-13 12:36
In the US, alternative asset managers have soared in 2024, with most stocks trading at all-time highs. With Trump's victory, these strong performances even expanded, making names such as Blackstone ( BX ) be valued at absurd prices of 48x fee-relatedHey there! My focus here is to provide you with insightful rating analysis on the world's leading financial firms to help you navigate and comprehend the latest investment opportunities while identifying potential pitfalls. My favorite picks are those that are t ...
Patria Announces Third Quarter 2024 Investor Call
GlobeNewswire News Room· 2024-10-10 20:30
GRAND CAYMAN, Cayman Islands, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the third quarter 2024 on Tuesday, November 5, 2024, and host a conference call via public webcast at 9:00 a.m. ET. To register, please use the following link: https://edge.media-server.com/mmc/p/emuekpt7 For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria's website at https://ir.patria.com/. Patria d ...
Why I Sold Patria Investments Following The Q2 Earnings
Seeking Alpha· 2024-08-13 13:01
PeopleImages Editor's note: Seeking Alpha is proud to welcome Strategic Risk Mitigation Research as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Introduction Following the last earnings release, I sold my entire position in Patria Investments (NASDAQ:PAX) after management announced immediate changes to their capital allo ...
Patria: A Heavily Discounted Growth Stock With A Dividend
Seeking Alpha· 2024-08-12 12:02
Adam Gault Patria (NASDAQ:PAX) is a global alternative asset manager and industry leader in Latin America, with over 35 years of history, combined assets under management of $40.3 billion, and a global presence with offices in 10 cities across 4 continents. Patria aims to be the gateway for alternative investments in Latin America. Through a diversified platform spanning Private Equity, Infrastructure, Credit, Public Equities and Real Estate. Patria is a well-established leader in the Latin American alterna ...