Patria Investments Ltd. ( (PAX) ) has released its Q4 earnings. Here is a breakdown of the information Patria Investments Ltd. presented to its investors.
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Patria Investments Ltd. is a global alternative asset manager, recognized as an industry leader in Latin America, with a broad range of investment strategies including Private Equity, Infrastructure, Credit, Real Estate, and Public Equities. The company, with over 35 years of experience, serves as a gateway to alternative investments for both local and global investors.
Patria Investments Ltd. recently reported its unaudited financial results for the fourth quarter and full year of 2024. The company exceeded its fundraising target by raising $5.5 billion during the year, showcasing significant growth and diversification in its investment strategies.
Key financial highlights include a 38% year-over-year growth in Fee Earning Assets Under Management, reaching $33 billion. The company also achieved its Fee Related Earnings target of $170 million, reflecting a 15% increase from the previous year. Additionally, Patria generated $41 million in Performance Related Earnings, contributing to Distributable Earnings of $89 million for the fourth quarter and $189 million for the full year.
Looking ahead, Patria Investments is optimistic about its growth prospects in 2025, with plans to generate $6 billion in fundraising and a target of $200 to $225 million in Fee Related Earnings. The company’s strategic diversification and investments in new product development are expected to support its continued growth and performance.
