Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 126

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 126
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 our strategy is the focus on partnerships with established owner-operators striving to support the growth of profitable businesses rather than making outright acquisitions;

• Intense hands-on operational involvement in portfolio companies, working alongside management to drive revenue growth, consolidate markets through add-on acquisitions to capture synergies and build scale, in addition to other efficiency-enhancing initiatives. We develop detailed business plans, have strong alignment with owner-operators’ long-term plans and onboard strong, experienced management teams, including certain of our own key executives, usually in C-level or director positions;

• Capital is allocated to portfolio companies at a gradual pace, consistent with our investment approach based on the consolidation of fragmented markets. This staged deployment allows us to mitigate execution and foreign exchange risks, while seeking to optimize returns by redirecting capital allocation to our best-performing investment theses; and

• Understanding and mapping potential exit strategies from the initial stages of the development of the investment thesis and throughout the entire investment cycle. This involves establishing domestic and international relationships with potential “target buyers” from the start of our investment analysis.

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  Table of Contents  

Private Equity | Overview as of December 31, 2024

Private Equity | Performance versus benchmark as of September 30, 2024 (latest benchmark data available)

(1) Methodology: Cash Weighted Chronological (“ Pooled Returns”) consolidates funds return at original dates and cash flows. 20-years considers Fund II, III, IV, V, VI, VII as of 3Q24.(2) Cambridge index as of September 2024 (latest available) The index is a horizon calculation based on data compiled from 1,635 US private equity funds, including fully liquidated partnerships, formed between 1986 and 2024. (3) Cambridge index as of September 2024 (latest available) The index is a horizon calculation based on data compiled from 799 Emerging Markets private equity and venture capital funds, including fully liquidated partnerships, formed between 1986 and 2024.

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Infrastructure - Creating value through growth and development strategies

We believe we have built one of the leading infrastructure investment products in Latin America in terms of AUM, considering our US$5.5 billion and US$5.6 billion of Total AUM and U$3.4 billion and U$3.3 billion of FEAUM as of December 31, 2024 and 2023,