Net Accrued Performance Fees

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Patria(PAX) - 2025 Q2 - Earnings Call Presentation
2025-08-01 13:00
Financial Performance - Patria reported IFRS net income attributable to shareholders of the parent company of $12.9 million for 2Q25[24] - Fee Related Earnings (FRE) reached $46.1 million in 2Q25, a 17% increase compared to 2Q24, with FRE per share at $0.29, up 11% year-over-year[39] - Distributable Earnings (DE) were $38.8 million in 2Q25, a 15% increase compared to 2Q24, with DE per share at $0.24, up 9% year-over-year[40] - Management fees totaled $81.0 million in 2Q25, up 15% compared to 2Q24[39] - Total fee revenues reached $81.1 million in 2Q25, reflecting a 14% increase from $71.1 million in 2Q24[40] Assets Under Management (AUM) - Total Assets Under Management (AUM) reached $48.7 billion as of quarter end, up 21% from $40.3 billion in 2Q24[39, 59] - Fee Earning AUM (FEAUM) totaled $37.2 billion, up 20% from $31.1 billion in 2Q24[39, 63] - The company has $3.3 billion in pending FEAUM as of quarter end[39] Fundraising and Deployment - Total fundraising amounted to $1.3 billion in 2Q25[39] - Total deployment in drawdown funds was $674 million in 2Q25[39] - The company expects full-year fundraising to be 5%-10% higher than the initial $6 billion target[28] Dividends and Corporate Actions - Patria declared a quarterly dividend of $0.15 per common share, payable on September 15, 2025[39] - The board approved a new 3 million share repurchase authorization[39]