Patria Investments’ Post

Patria Investments announced today an agreement for the carve-out acquisition of a Private Equity solutions business from abrdn.   Team and platform manage $7.8 billion in Fee Earning Assets Under Management across mid-market Primaries, Secondaries and Co-investment strategies. The deal will launch Global Private Markets Solutions as a new investment strategy vertical for Patria in 2024 – Global Private Markets Solutions (“GPMS”) – which will further develop a complementary pillar of growth to serve as a gateway for Latin American investors to access private markets on a global scale.    Patria currently manages $1.3 billion of Fee Earning AUM (“FEAUM”) through feeder funds that direct Latin American capital to global private markets, which have been active for more than 10 years. On a pro forma basis, GPMS is positioned to launch with an aggregate FEAUM of over $9 billion.   The transaction will bring Patria in-house expertise in high-demand strategies that offer diversified exposure and an attractive performance track record. This business will increase Patria’s permanent capital AUM, further diversify our product menu, and should deliver an accretive earnings stream for our shareholders.   For further information, access our Investor Relations website: https://lnkd.in/dTaJVNZM   #PatriaInvestingToTransform #PrivateEquity