Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 137

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 137
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 when seeking a partner to grow, allowing Patria to invest at attractive entry valuations.

  Patria Investments Limited      88  

  Table of Contents  

Divestment activities are also positively impacted by our brand equity recognition. Public markets, large corporations, and other strategic investors, which are the usual buyers of our portfolio companies and infrastructure investments, recognize our track record of building and structuring great companies and assets, with good governance and strong management teams and business processes.

Business Growth Strategy

The alternative investment industry has experienced significant growth, which we expect to continue and contribute to our future growth. Amongst mid-market focused alternative asset managers, we believe we are one of the market leaders with regard to fundraising for alternatives in the regions where we operate. For example, as of March 13, 2025, Preqin’s database on fund managers ranks us as the number one asset manager in Latin America for private equity and infrastructure in terms of funds raised in the last 10 years.

A key part of our growth strategy has been to expand our product offering to better serve local and regional investors, in addition to global investors. The expansion in our capabilities, which has been substantially fueled by acquisitions, is highlighted by the expansion in the number of investment strategies we offer to over 35 as of December 31, 2024. We have also expanded the range of asset classes in which we invest as well as our geographic reach. We expect our future growth will continue to be fueled by a combination of organic growth we generate internally, as well as through strategic acquisitions that further enhance our capabilities and scale.

Growing addressable market. Alternative investments are expected to continue to grow vigorously and sustainably over the long-term. According to Preqin’s special report published in 2024, 'The Future of Alternatives in 2028', assets under management ("AUM"), in alternative asset classes (including private markets and hedge funds) is expected to grow at a CAGR of more than 8% to reach more than US$24.5 trillion by the end of 2028, up from US$16.3 trillion in 2023.

We believe the penetration of Latin American private investments as a share of global private markets can increase from the historically low levels. Preqin data as of April 15, 2024 shows that Latin America accounted for less than 1% of total global private markets AUM, while Latin America GDP in 2023 represented 6% of global GDP. We believe that the volume of