Core Insights - Patria Investments Limited reported strong financial results for Q4 2025 and the full year, highlighting significant growth in fundraising and fee-related earnings [2][4] Financial Performance - Organic fundraising reached $1.7 billion in Q4 2025 and a record $7.7 billion for the full year 2025 [2] - Fee Related Earnings (FRE) for Q4 2025 were $64.3 million, a 17% increase from $54.8 million in Q4 2024, with an FRE margin of 63.6% [4] - For the full year 2025, FRE was $202.5 million, up 19% from $170.1 million in 2024, with an FRE margin of 58.9% [4] - Net income attributable to Patria was $34.5 million for Q4 2025 and $85.6 million for the full year [4] - Distributable Earnings were $78.5 million for Q4 2025, or $0.50 per share, and $200.9 million for the full year, or $1.27 per share [4] Acquisitions and Growth Strategy - Patria announced three acquisitions since the end of Q3 2025, enhancing its capabilities in key asset classes [3] - Acquired a 51% stake in Solis, adding $3.5 billion of FEAUM, focusing on the Private Credit market in Brazil [3] - Acquired Brazilian REIT manager RBR, adding $1.3 billion of permanent capital, making Patria the largest independent manager of listed REITs in Brazil [3] - Announced a pending acquisition of WP Global Partners, a U.S.-based Lower-Middle-Market Private Equity Solutions Manager, with $1.8 billion of FEAUM [3] Dividends - Patria declared a quarterly dividend of $0.15 per share, payable on March 12, 2026, to record holders as of February 20, 2026 [5] Company Overview - Patria is a global alternative asset management firm focused on mid-market segments, with approximately $53 billion in assets under management [7] - The firm specializes in resilient sectors across Latin America, Europe, and the U.S., with a strong presence in various asset classes including Infrastructure, Credit, Real Estate, Private Equity, Solutions (GPMS), and Public Equities [8][9]
Patria Reports Fourth Quarter & Full Year 2025 Earnings Results