Patria Investments completes acquisition of 51% stake in Solis Investimentos

Core Viewpoint - Patria Investments Limited has successfully completed the acquisition of a 51% stake in Solis Investimentos, enhancing its position in the Latin American investment management sector [1]. Group 1: Acquisition Details - The acquisition adds approximately US$ 3.5 billion of Fee-Earning AUM (FEAUM) from Solis, increasing Patria's total Credit FEAUM by over 40% to more than US$ 11.7 billion [2]. - Solis will continue to operate under the leadership of its founders, Delano Macedo and Ricardo Binelli, with its team of over 100 professionals remaining in their current roles [3]. Group 2: Company Background - Patria is a global middle market alternative asset manager with over 37 years of experience and more than US$ 51 billion in assets under management, focusing on resilient and growth sectors [4]. - The company has a strong presence in Latin America and Europe, leveraging local expertise to identify unique investment opportunities [4].