Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 280

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 280
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2020. The Company transferred its headquarters from Bermuda to the Cayman Islands on the same date. Since then, the Company’s obligations, whether legal, regulatory, or financial, are in accordance with the applicable laws and regulations of the Cayman Islands.

On January 21, 2021, the Company completed its initial public offering (“ IPO”) registration. The shares offered and sold in the IPO were registered under the Securities Act of 1933, as amended, according to the Company’s Registration Statement on Form F-1 (Registration N° 333-251823). The common shares began trading on the Nasdaq Global Select Market (“ NASDAQ-GS”) on January 22, 2021, under the symbol “ PAX”.

The Company is a public holding company controlled by Patria Holdings Limited (the “ Parent”), which held 53.76 55.36

The Company and its subsidiaries (collectively, the “ Group”) are a private markets investment firm focused on investing globally. Since 1994 the Group has expanded from its initial flagship private equity funds to other investment products, such as:

  Investment product                    Description                                                                                                                                                                                           
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Infrastructure development funds      a private equity approach applied to infrastructure assets. In conjunction with experts from the energy sector, the Group acquired Tria Energy during 2024, a company engaged in energy trading i...  
  Co-investment funds                   focused on companies from their flagship funds.                                                                                                                                                       
  Global private market solutions       increased during 2024 with the carve-out acquisition of Aberdeen Plc (“ GPMS”) during April 2024 – refer to note 30.                                                                                  
  Credit funds                          increased through business combination in 2021 with Moneda Asset Management SpA (“ MAM I”) and Moneda II SpA (“ MAM II”) (collectively “ Moneda”).                                                    
  Real estate funds                     increased in 2022 to 2024 with the:                                                                                                                                                                   
  Venture capital and growth funds      • through business combination in 2022 with Igah Partners LLC (“ Igah Ventures”) and PEVC I General Partner IV, Ltd. (“ Igah IV”) and Igah Carry Holding Ltd (collectively “ Igah”), and              

The Group’s operations include investment offices in Montevideo (Uruguay), São Paulo (Brazil), Bogota (Colombia),