Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 312

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 312
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 50)              498        411,521  

(*) CTA - Cumulative translation adjustment

As of December 31, 2024, 2023 and 2022, there was no

(a) Placement agents refer to amounts capitalized relating to agreements with investment placement agents relating to fundraising. These assets are amortized based on the estimated duration of the respective investment funds. In case of an early liquidation of an investment fund, the amortization period is also adjusted.

The remaining balance, as of December 31, 2024, is expected to be amortized as shown below:

                            2025                 2026                 2027                 2033  
 ─────────────────────────────────────────────────────────────────────────────────────────────────
  Placement agent fees                2,682                1,901                1,901       844  

The remaining balance, as of December 31, 2023, is expected to be amortized as shown below:

                            2024                 2025                 2026                 2032  
 ─────────────────────────────────────────────────────────────────────────────────────────────────
  Placement agent fees                2,571                2,454                1,860       841  

(b) contractual rights related to the management of investment funds that are recognized from:

(i) business combinations with Aberdeen, CSHG and Nexus - refer to note 30;

(ii) the asset acquisition transaction of Blue Macaw, Bari and Move and the business combination with Patria Asset Management (“ PAM”) completed during the year ended December 31, 2023; and

(iii) the acquisition of control of the P2 Brasil Private Infrastructure General Partner II Ltd. and P2 Brasil Holding Ltd. (collectively the “ P2 Group”) on December 25, 2015, from Promon International Inc.

  Inputs to determine fair value of Blue Macaw, Bari, Move, PAM, Aberdeen, CSHG and Nexus contractual rights                                                                                                                                                                                  
                                                                                                                  Blue Macaw               Bari                      Move                     PAM                      Aberdeen                 CSHG                     Nexus                
  Country                                                                                                         Brazil                   Brazil                    Brazil                   Colombia                 UK                       Brazil                   Colombia             
  Forecast period                                                                                                 Apr 2023 – Dec 2031      Sept 2023 – Dec 2031      Oct 2023 – Feb 2032      Nov 2023 – Dec 2032      Apr 2024 - Dec 2033      May