Patria(PAX) - 2021 Q3 - Earnings Call Presentation

Financial Performance - Patria reported GAAP Net Income of US$215 million for 3Q21 and US$1080 million year-to-date[8] - Fee Related Earnings (FRE) reached $218 million in 3Q21, a 25% increase compared to 3Q20 when adjusted for comparable compensation structure[11, 17] - Distributable Earnings (DE) amounted to $225 million in 3Q21 and $1137 million year-to-date[12, 15] - The company declared a quarterly dividend of $0140 per common share, payable on December 16, 2021[6, 12] Assets Under Management - Total Assets Under Management (AUM) stood at $151 billion as of September 30, 2021, reflecting an 18% increase year-over-year[6, 12, 24] - Fee-Earning AUM (FEAUM) totaled $92 billion as of September 30, 2021, up 22% year-over-year[12, 32] - Performance Revenue Eligible AUM (PREAUM) represented 84% of Total AUM, amounting to $127 billion[12, 24] Fundraising and Deployment - Total Fundraising reached $274 million over the Last Twelve Months (LTM)[12] - Total Deployment amounted to $18 billion year-to-date and $32 billion over the LTM[12] - Total Realizations reached $192 million over the LTM[12] Accrued Performance Fees - Net Accrued Performance Fees were $314 million as of September 30, 2021[12, 20]