PAX on Nasdaq

Patria Investments Ltd

Patria Investments Ltd is an investment advice company based in George Town, Cayman Islands.2 Its shares trade on Nasdaq under the symbol PAX.2

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Last updated Oct 21, 2026.

Overview

$75.7MNet income, fiscal 20243

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  • TickerPAX on Nasdaq2
  • IndustryInvestment Advice2
  • HeadquartersGeorge Town, Cayman Islands2
  • Incorporated inCayman Islands4
  • Business address60 Nexus Way, 4Th Floor, Camana Bay, Po Box 757, Grand Cayman, E9 Ky1-90064
  • Filer categoryLarge accelerated filer4
  • Legal formcompany limited by shares2
  • LEI254900MZMZN2NNVXYO822
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O Maples Corporate Services Limited, KY1-1104 George Town, Cayman Islands2
  • Registered withGeneral Registry, MC-3671752

Initially named Patrimônio Participações , we were founded in 1988 as a Brazilian M&A and financial advisory firm in partnership with Salomon Brothers Inc., a well-known U.S. investment bank at the time. In 1991, we acquired a Brazilian broker-dealer, which later evolved into a fully-fledged investment bank ( Banco Patrimônio de Investimentos ). In 1994, we started our private equity operations as a proprietary investment vehicle for the Brazilian shareholders of Banco Patrimônio and raised its first fund with independent Limited Partners ("LPs") in 1997. With the sale of Salomon Brothers to Travelers Group in the same year and the subsequent merger of Travelers with Citibank in 1998, we repurchased Salomon Brothers’ 50% interest in our firm and in 1999 sold the entire investment bank operation to Chase Manhattan. We retained the alternative asset management business, which was operated …5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

15.4%Return on equity3
$142.3MFree cash flow3

Financial statements

Gross profit67$148.8M in 2021+131% since 2018
0$50.0M$100.0M$150.0M2018: $64.4M$64.4M20182019: $80.3M$80.3M2019+25%2020: $81.8M$81.8M2020+2%2021: $148.8M$148.8M2021+82%
Operating income67$121.9M in 2021+162% since 2018
0$50.0M$100.0M$150.0M2018: $46.5M$46.5M20182019: $64.6M$64.6M2019+39%2020: $65.2M$65.2M2020+1%2021: $121.9M$121.9M2021+87%
Net income67893$75.7M in 2024+70% since 2018
0$50.0M$100.0M$150.0M2018: $44.5M$44.5M20182019: $60.9M$60.9M2019+37%2020: $61.8M$61.8M2020+1%2021: $121.2M$121.2M2021+96%2022: $94.1M$94.1M2022−22%2023: $120.8M$120.8M2023+28%2024: $75.7M$75.7M2024−37%
Fiscal year20172018201920202021202220232024
Gross profit$64.4M6$80.3M7$81.8M7$148.8M7
Operating income$46.5M6$64.6M7$65.2M7$121.9M7
Interest$1.5M9$4.8M3$10.7M3$38.5M3
Income before tax$121.6M9$102.5M3$118.0M3$86.0M3
Income tax$381.0K9$8.3M3-$2.8M3$10.3M3
Net income$44.5M6$60.9M7$61.8M8$121.2M9$94.1M3$120.8M3$75.7M3
Earnings per share$0.538$0.909$0.633$0.803$0.473
Earnings per share (diluted)$0.538$0.909$0.633$0.803$0.473
Shares (weighted, basic)136.0M shares9147.2M shares3148.2M shares3153.3M shares3
Shares (weighted, diluted)136.0M shares9147.2M shares3148.7M shares3153.9M shares3

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Corporate structure

Patria Investments Ltd sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Patria Investments Ltd

  • Patria Investments Ltd George Town, Cayman Islands

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.

What it owns

What Patria Investments Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$32.6M3 Dec 31, 2024$28.2M3 Dec 31, 2023+15.7%
Operating-lease assets (leased space)$21.0M3 Dec 31, 2024$14.5M3 Dec 31, 2023+45.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$33.4M3 Dec 31, 2024$16.1M3 Dec 31, 2023+108.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$700.9M3 Dec 31, 2024$487.0M3 Dec 31, 2023+43.9%

Leadership

Who has led Patria Investments Ltd, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (11)

Timeline

  1. Mar 18, 2026New chief executive Ricardo Leonel Scavazza becomes CEO13
  2. Mar 18, 2026New chief executive Marco Nicola D'Ippolito becomes CEO12
  3. Mar 18, 2026New chief executive Andre Franco Sales becomes CEO11
  4. Mar 18, 2026New chief executive Alexandre Teixeira De Assumpcao Saigh becomes CEO10
  5. Jul 6, 2007Founded Patria Investments Ltd is founded2

Calendar

Coming up

  1. Nov 3, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.30 a share, on Nov 4, 2025.25

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

168 filings to the SEC since October 2021: 6 annual reports, 23 insider forms, 51 large holders, 88 other. The latest 20:

  1. Oct 7, 20266-K EDGAR
  2. Oct 6, 20266-K EDGAR
  3. Sep 29, 20266-K EDGAR
  4. Sep 4, 2026SCHEDULE 13G/A EDGAR
  5. Sep 3, 20264 EDGAR
  6. Aug 24, 20264 EDGAR
  7. Aug 12, 2026SCHEDULE 13G/A EDGAR
  8. Jul 31, 20266-K EDGAR
  9. Jul 28, 20266-K EDGAR
  10. Jun 15, 20266-K EDGAR
  11. Jun 5, 20264 EDGAR
  12. Jun 3, 20264 EDGAR
  13. Jun 1, 20264 EDGAR
  14. May 28, 20264 EDGAR
  15. May 22, 20264 EDGAR
  16. May 15, 2026SCHEDULE 13G/A EDGAR
  17. May 15, 2026SCHEDULE 13G/A EDGAR
  18. May 14, 2026SCHEDULE 13G/A EDGAR
  19. May 7, 20266-K EDGAR
  20. Apr 30, 202620-F EDGAR

The 168 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

13 open-market trades by officers, directors and large owners since October 2021: 11 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 6, 2026D'Ippolito Marco NicolaCEO of Global Private MarketsSale7,004$11.29$79.1KForm 4
Jun 5, 2026Neto Olimpio MatarazzoDirectorBuy50,000$11.46$573.0KForm 4
Jun 3, 2026Neto Olimpio MatarazzoDirectorBuy50,000$11.12$556.2KForm 4
Jun 2, 2026Neto Olimpio MatarazzoDirectorBuy15,000$11.74$176.1KForm 4
Jun 1, 2026Neto Olimpio MatarazzoDirectorBuy15,000$11.59$173.8KForm 4
May 29, 2026Neto Olimpio MatarazzoDirectorBuy15,000$11.46$171.9KForm 4
May 28, 2026Neto Olimpio MatarazzoDirectorBuy15,000$11.50$172.5KForm 4
May 27, 2026Neto Olimpio MatarazzoDirectorBuy15,000$11.48$172.2KForm 4
May 26, 2026Neto Olimpio MatarazzoDirectorBuy15,000$11.31$169.7KForm 4
May 21, 2026Neto Olimpio MatarazzoDirectorBuy15,000$11.14$167.1KForm 4
May 20, 2026Neto Olimpio MatarazzoDirectorBuy15,000$10.99$164.8KForm 4
May 15, 2026Neto Olimpio MatarazzoDirectorBuy15,000$11.40$171.0KForm 4
Apr 14, 2026D'Ippolito Marco NicolaCEO of Global Private MarketsSale7,500$11.56$86.7KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Stakes it holds

Patria Investments Ltd has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).

SEC filer profile

How Patria Investments Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPatria Investments Ltd1
  • CIK0001825570
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company5
  • Incorporated inCayman Islands5
  • Fiscal year endsDecember 311
  • Industry code (SIC)6282 Investment Advice1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address60 Nexus Way, 4Th Floor, Camana Bay, Po Box 757, Grand Cayman, E9 KY1-90061
  • Phone1 345 640 49001
  • Shares outstanding66,523,122 Class A Common Share shares; 92,945,430 Class B Common Share shares as of Dec 31, 20255
  • AuditorDELOITTE TOUCHE TOHMATSU, São Paulo, Brazil PCAOB ID 1045; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceSep 30, 20201
  • Filings208 in all: 6-K (82), SC 13G/A (21), 3 (16), SCHEDULE 13G/A (15), SC 13G (13), 424B3 (8), S-8 (8), 4 (7)1
    All 26 form types

    20-F (6), CORRESP (5), UPLOAD (4), DRSLTR (3), F-1/A (3), SCHEDULE 13G (3), 20-F/A (2), DRS/A (2), 424B1 (1), 8-A12B (1), CERT (1), DRS (1), EFFECT (1), F-1 (1), F-1MEF (1), F-3ASR (1), NT 20-F (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2026

Securities registered for trading

ClassSymbolExchange
Class A common shares, par value US$0.0001 per sharePAXThe Nasdaq Global Select Market

From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).5

Sources

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