Patria Investments Ltd.

General Information
Business:

We are one of the leading private market investment firms in Latin America in terms of capital raised with over US$7.8 billion raised in the past five years. Patria was founded in 1988 in Brazil as an M&A and financial advisory firm in partnership with Salomon Brothers. Since 2010, the company has been in a partnership with Blackstone.

Preqin’s 2020 Global Private Equity & Venture Capital Report ranks us as the No. 1 fund manager by total capital raised for private equity funds in the past 10 years in Latin America. As of Sept. 30, 2020,  our assets under management, or AUM, were US$12.7 billion. Our size and performance over our 32-year history also make us one of the most significant emerging markets-based private market investment managers.

(Note: Patria Investments upsized its IPO at pricing: 30,098,824 shares, up from the original offering size of 26,650,000 shares, were priced at $17 – above the $14-to-$16 range, to raise $511.7 million.)

 

Industry: INVESTMENT ADVICE
Employees: 157
Founded: 1988
Contact Information
Address 18 Forum Lane, 3rd floor, Camana Bay, PO Box 757, KY1-9006, Grand Cayman, Cayman Islands
Phone Number +1 345 640 4900
Web Address http://www.patria.com
View Prospectus: Patria Investments Ltd.
Financial Information
Market Cap $2004.75mil
Revenues $118.5 mil (last 12 months)
Net Income $65.0 mil (last 12 months)
IPO Profile
Symbol PAX
Exchange NASDAQ
Shares (millions): 30.1
Price range $17.00 - $17.00
Est. $ Volume $511.7 mil
Manager / Joint Managers J.P. Morgan/ BofA Securities/ Credit Suisse/ Goldman Sachs
CO-Managers Bradesco BBI/ BTG Pactual/ Itau BBA/ Keefe, Bruyette & Woods/Santander/XP Investimentos
Expected To Trade: 1/22/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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