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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 ...
My Favorite Dividend Stock: Patria Investments
Seeking Alpha· 2024-08-10 12:15
Core Viewpoint - The article emphasizes the investment potential in Patria Investments Limited, highlighting its strong growth in fee-related earnings and undervaluation compared to peers in the alternative asset management sector [3][10][24]. Company Overview - Patria Investments is positioned as a leading asset management company in Latin America, focusing on private equity, infrastructure, and credit, with a significant growth trajectory [3][10][13]. - The company has a track record of growing its fee-related earnings per share by 21% annually since going public, despite distributing 80% of its distributable income in dividends [10][24]. Market Dynamics - The alternative asset management industry is projected to grow to $23 trillion by 2026, driven by increasing allocations from institutional investors [7]. - There is a growing trend of investors diversifying into alternative investments, with Brookfield Asset Management predicting allocations to alternatives will rise from 30% to over 60% by the end of the decade [6][7]. Competitive Position - Patria Investments is noted for its low valuation, trading at approximately 7x its fee-related earnings, which is considered attractive for a company with a growth rate exceeding 20% annually [12][24]. - The company has recently acquired two REIT managers, making it the largest REIT asset management company in Brazil, which is expected to enhance its revenue consistency and growth potential [17][18]. Financial Performance - The share price of Patria Investments has slightly declined by 8.97% over the past year, contrasting with the significant gains of its peers, indicating a potential buying opportunity [9][10]. - The company is expected to achieve a dividend yield of 6%-8% and aims to be debt-free by the end of the year, enhancing its financial stability [22][24]. Growth Opportunities - The article highlights the potential for substantial growth in alternative investments in Latin America, driven by trends such as nearshoring and geopolitical shifts [13][15]. - Patria Investments is well-positioned to capture market share in a less competitive environment, with a focus on regions with stable investment climates [13][23].
Patria Reports Second Quarter 2024 Earnings Results
GlobeNewswire News Room· 2024-08-01 10:00
GRAND CAYMAN, Cayman Islands, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the second quarter ended June 30, 2024. The full detailed presentation of Patria's second quarter 2024 results can be accessed on the Shareholders section of Patria's website at https://ir.patria.com/. Alex Saigh, Patria's CEO, said: "The 2nd quarter of 2024 was a very busy quarter as we continued to make solid progress towards our near and long-term goals. Fee Related Earnings reache ...
Patria Investments Completes Acquisition of Nexus Capital, Further Expanding its Real Estate Platform in Colombia
Newsfilter· 2024-07-16 20:20
Marcelo Fedak, Partner and Head of Real Estate at Patria, says: "We are very happy with the execution of this transaction which closed ahead of schedule, and excited to welcome the talented team at Nexus to Patria. The team at Nexus has generated attractive returns and developed an innovative approach to investing that is complementary to our existing real estate platform. We expect the team to contribute to our goals and strengthen our relationships with investors in Colombia and the region." Patria is a l ...
Patria Investments Completes Acquisition of Nexus Capital, Further Expanding its Real Estate Platform in Colombia
GlobeNewswire News Room· 2024-07-16 20:20
GRAND CAYMAN, Cayman Islands, July 16, 2024 (GLOBE NEWSWIRE) -- Patria Investments Limited ("Patria") (NASDAQ: PAX), a global alternative asset manager and market leader in Latin America, confirmed today that it has completed the previously announced agreement to acquire Nexus Capital ("Nexus"), one of the top independent alternative real estate asset managers in Colombia, with over COP 3,000 billion (or approximately US$ 725 million) in assets under management ("AUM") across multiple strategies. With the c ...
Patria Announces Second Quarter 2024 Investor Call
Newsfilter· 2024-07-15 20:30
Company Overview - Patria is a global alternative asset manager and industry leader in Latin America with over 35 years of history [4] - The company has combined assets under management of $32.0 billion and a global presence with offices in 13 cities across 4 continents [4] - Patria aims to provide consistent returns in attractive long-term investment opportunities, serving as a gateway for alternative investments in Latin America [4] Financial Results Announcement - Patria will release its financial results for the second quarter of 2024 on Thursday, August 1, 2024 [1] - A conference call via public webcast will be hosted at 9:00 a.m. ET on the same day [1] Communication and Accessibility - Patria distributes its earnings releases via its website and email lists, allowing interested parties to sign up for updates [2] - For those unable to listen to the live broadcast, a webcast replay will be available on the Shareholders section of Patria's website [3]
Patria Announces Second Quarter 2024 Investor Call
GlobeNewswire News Room· 2024-07-15 20:30
GRAND CAYMAN, Cayman Islands, July 15, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the second quarter 2024 on Thursday, August 1, 2024, and host a conference call via public webcast at 9:00 a.m. ET. About Patria Andre Medina t +1 917 769 1611 andre.medina@patria.com 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/. Contact Patria distributes it ...