Patria Investments: Q4 Earnings Snapshot

Patria Investments Limited (PAX), a leading global alternative asset manager, recently reported its unaudited results for the fourth quarter and full year ended December 31, 2024. The company's CEO, Alex Saigh, highlighted the strong performance and growth achieved during the year, as well as the strategic initiatives that contributed to this success.

Financial Highlights:
Patria generated Fee Related Earnings (FRE) of $54.8 million in Q4 2024, up 18% from $46.7 million in Q4 2023, with an FRE margin of 59%. For the full year 2024, the company reported FRE of $170.1 million, up 15% from $147.7 million in 2023, with an FRE margin of 57%. Distributable Earnings were $89.1 million for Q4 2024, or $0.58 per share, and $189.2 million for the full year, or $1.24 per share.

Strategic Initiatives:
Patria raised $5.5 billion in 2024, exceeding its $5 billion target, and expanded its product offerings to include an energy trading platform in Brazil and an infrastructure private credit fund. The company also achieved a 38% year-over-year growth in Fee Earning Assets Under Management (AUM), reaching $33 billion in 2024.

Outlook:
Looking ahead to 2025, Patria is well-positioned to generate $6 billion in fundraising and $200 to $225 million in FRE. The company's success highlights the increased diversification of its platform and the investments it is making in distribution and new product development.



In conclusion, Patria Investments Limited reported strong financial results for the fourth quarter and full year 2024, driven by strategic initiatives and a diversified platform. The company is well-positioned for continued growth and success in 2025, with a focus on expanding its product offerings and increasing fundraising efforts.