Overview
- 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
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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
Financial statements
No quarterly figures reported.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| 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 shares9 | 147.2M shares3 | 148.2M shares3 | 153.3M shares3 | ||||
| Shares (weighted, diluted) | 136.0M shares9 | 147.2M shares3 | 148.7M shares3 | 153.9M shares3 |
No quarterly figures reported.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash | $3.3M6 | $2.3M7 | $4.1M8 | $14.1M9 | $15.3M3 | $26.5M3 | $16.1M3 | $33.4M3 |
| Receivables | $97.1M8 | $125.4M9 | $127.4M3 | $217.1M3 | ||||
| Current assets | $352.3M8 | $479.6M9 | $401.6M3 | $372.7M3 | ||||
| Property, plant and equipment | $13.4M3 | $24.6M3 | $28.2M3 | $32.6M3 | ||||
| Intangible assets | $358.9M8 | $411.5M9 | $487.0M3 | $700.9M3 | ||||
| Total assets | $114.9M6 | $107.2M7 | $761.3M8 | $976.2M9 | $1.0B3 | $1.2B3 | ||
| Current liabilities | $156.2M8 | $338.0M9 | $397.5M3 | $397.4M3 | ||||
| Long-term liabilities | $40.8M8 | $124.8M9 | $92.7M3 | $317.8M3 | ||||
| Total liabilities | $48.1M7 | $197.0M8 | $462.8M9 | $490.2M3 | $715.2M3 | |||
| Retained earnings | $87.9M8 | $77.6M9 | $50.8M3 | $03 | ||||
| Shareholders’ equity | $75.1M6 | $78.3M7 | $88.7M8 | $59.1M9 | $564.3M3 | $513.5M3 | $521.3M3 | $490.9M3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $39.5M6 | $44.5M7 | $52.7M8 | $107.6M9 | $81.1M3 | $156.7M3 | $145.9M3 | |
| Capital spending | $1.0M6 | $147.0K7 | $163.0K8 | $1.6M9 | $5.4M3 | $5.9M3 | $3.6M3 | |
| Free cash flow | $38.5M | $44.3M | $52.5M | $106.0M | $75.6M | $150.9M | $142.3M | |
| Cash from investing | -$284.2M9 | -$189.3M3 | $62.2M3 | $25.3M3 | ||||
| Dividends paid | $119.8M8 | $103.3M8 | ||||||
| Cash from financing | $177.9M9 | $118.5M3 | -$229.6M3 | -$151.7M3 |
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
- Capital Research Global Investors Filed SCHEDULE 13G/A on Patria Investments Ltd, latest Sep 4, 2026 (11 filings since Feb 11, 2022)
- Endure Capital Management, LLC Filed SCHEDULE 13G/A on Patria Investments Ltd, latest May 15, 2026 (3 filings since Feb 10, 2025)
- Pertento Partners LLP Filed SCHEDULE 13G/A on Patria Investments Ltd, latest May 15, 2026 (4 filings since Oct 2, 2024)
- Olimpio Matarazzo Neto Filed SCHEDULE 13D on Patria Investments Ltd, latest Feb 26, 2026
- FMR LLC Filed SCHEDULE 13G/A on Patria Investments Ltd, latest Nov 5, 2025 (4 filings since Jan 10, 2022)
- BlackRock Filed SCHEDULE 13G/A on Patria Investments Ltd, latest Apr 23, 2025 (5 filings since Feb 9, 2024)
- Grandeur Peak Global Advisors, LLC Filed SCHEDULE 13G on Patria Investments Ltd, latest Jan 30, 2025 (4 filings since Feb 13, 2023)
- Capital International Investors Filed SC 13G/A on Patria Investments Ltd, latest Nov 13, 2024 (4 filings since Feb 11, 2022)
- Wellington Management Company Filed SC 13G/A on Patria Investments Ltd, latest Nov 8, 2024 (6 filings since Feb 4, 2022)
- Patria Holdings Ltd Filed SC 13G/A on Patria Investments Ltd, latest Feb 14, 2024 (3 filings since Feb 1, 2022)
- ADAGE CAPITAL PARTNERS GP, L.L.C. Filed SC 13G/A on Patria Investments Ltd, latest Feb 7, 2024 (4 filings since Feb 10, 2022)
- Blackstone Holdings IV L.P. Filed SC 13G/A on Patria Investments Ltd, latest Feb 9, 2023 (2 filings since Feb 11, 2022)
- Patria Investments Ltd George Town, Cayman Islands
- Lavoro Ltd Stake · E9
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
| Item | Latest | A year before | Change |
|---|---|---|---|
| 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $33.4M3 Dec 31, 2024 | $16.1M3 Dec 31, 2023 | +108.2% |
Intangibles and goodwill
Leadership
Who has led Patria Investments Ltd, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerAlexandre Teixeira De Assumpcao Saigh Mar 18, 2026 to now10
- Chief executive officerAndre Franco Sales Mar 18, 2026 to now11
- Chief executive officerMarco Nicola D'Ippolito Mar 18, 2026 to now12
- Chief executive officerRicardo Leonel Scavazza Mar 18, 2026 to now13
- Chief financial officerAna Cristina Russo Mar 18, 2026 to now14
- Chief operating officerNikitas Psyllakis Mar 18, 2026 to now15
Board members and other officers (11)
- Head of Human ResourcesAna Paula Alves Santos Mar 18, 2026 to now16
- Global Head of CommercialDaniel Rizardi Sorrentino Mar 18, 2026 to now17
- Head of Commercial for BrazilJose Augusto Goncalves De Araujo Teixeira Mar 18, 2026 to now18
- Chief Compliance OfficerNick Whitfield Mar 18, 2026 to now19
- Board memberAlexandre Teixeira De Assumpcao Saigh Mar 18, 2026 to now10
- Board memberDaniel Rizardi Sorrentino Mar 18, 2026 to now17
- Board memberOlimpio Matarazzo Neto Mar 18, 2026 to now20
- Board memberPablo Echeverria Benitez Mar 18, 2026 to now21
- Board memberSabrina Bridgett Foster Mar 18, 2026 to now22
- Board memberGlen George Wigney Mar 25, 2026 to now23
- General counselGuilherme Ferrante Pocas Mar 18, 2026 to now24
Timeline
- Mar 18, 2026New chief executive Ricardo Leonel Scavazza becomes CEO13
- Mar 18, 2026New chief executive Marco Nicola D'Ippolito becomes CEO12
- Mar 18, 2026New chief executive Andre Franco Sales becomes CEO11
- Mar 18, 2026New chief executive Alexandre Teixeira De Assumpcao Saigh becomes CEO10
- Jul 6, 2007Founded Patria Investments Ltd is founded2
Calendar
Coming up
- 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:
- Oct 7, 20266-K EDGAR
- Oct 6, 20266-K EDGAR
- Sep 29, 20266-K EDGAR
- Sep 4, 2026SCHEDULE 13G/A EDGAR
- Sep 3, 20264 EDGAR
- Aug 24, 20264 EDGAR
- Aug 12, 2026SCHEDULE 13G/A EDGAR
- Jul 31, 20266-K EDGAR
- Jul 28, 20266-K EDGAR
- Jun 15, 20266-K EDGAR
- Jun 5, 20264 EDGAR
- Jun 3, 20264 EDGAR
- Jun 1, 20264 EDGAR
- May 28, 20264 EDGAR
- May 22, 20264 EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 14, 2026SCHEDULE 13G/A EDGAR
- May 7, 20266-K EDGAR
- 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.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 6, 2026 | D'Ippolito Marco NicolaCEO of Global Private Markets | Sale | 7,004 | $11.29 | $79.1K | Form 4 |
| Jun 5, 2026 | Neto Olimpio MatarazzoDirector | Buy | 50,000 | $11.46 | $573.0K | Form 4 |
| Jun 3, 2026 | Neto Olimpio MatarazzoDirector | Buy | 50,000 | $11.12 | $556.2K | Form 4 |
| Jun 2, 2026 | Neto Olimpio MatarazzoDirector | Buy | 15,000 | $11.74 | $176.1K | Form 4 |
| Jun 1, 2026 | Neto Olimpio MatarazzoDirector | Buy | 15,000 | $11.59 | $173.8K | Form 4 |
| May 29, 2026 | Neto Olimpio MatarazzoDirector | Buy | 15,000 | $11.46 | $171.9K | Form 4 |
| May 28, 2026 | Neto Olimpio MatarazzoDirector | Buy | 15,000 | $11.50 | $172.5K | Form 4 |
| May 27, 2026 | Neto Olimpio MatarazzoDirector | Buy | 15,000 | $11.48 | $172.2K | Form 4 |
| May 26, 2026 | Neto Olimpio MatarazzoDirector | Buy | 15,000 | $11.31 | $169.7K | Form 4 |
| May 21, 2026 | Neto Olimpio MatarazzoDirector | Buy | 15,000 | $11.14 | $167.1K | Form 4 |
| May 20, 2026 | Neto Olimpio MatarazzoDirector | Buy | 15,000 | $10.99 | $164.8K | Form 4 |
| May 15, 2026 | Neto Olimpio MatarazzoDirector | Buy | 15,000 | $11.40 | $171.0K | Form 4 |
| Apr 14, 2026 | D'Ippolito Marco NicolaCEO of Global Private Markets | Sale | 7,500 | $11.56 | $86.7K | Form 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.
- Capital Research Global InvestorsSCHEDULE 13G/A, 11 filings Feb 11, 2022 to Sep 4, 202626
- Endure Capital Management, LLCSCHEDULE 13G/A, 3 filings Feb 10, 2025 to May 15, 202627
- Pertento Partners LLPSCHEDULE 13G/A, 4 filings Oct 2, 2024 to May 15, 202628
- Olimpio Matarazzo NetoSCHEDULE 13D, 1 filing Feb 26, 202629
- FMR LLCSCHEDULE 13G/A, 4 filings Jan 10, 2022 to Nov 5, 202530
- BlackRockSCHEDULE 13G/A, 5 filings Feb 9, 2024 to Apr 23, 202531
- Grandeur Peak Global Advisors, LLCSCHEDULE 13G, 4 filings Feb 13, 2023 to Jan 30, 202532
- Capital International InvestorsSC 13G/A, 4 filings Feb 11, 2022 to Nov 13, 202433
- Wellington Management CompanySC 13G/A, 6 filings Feb 4, 2022 to Nov 8, 202434
- Patria Holdings LtdSC 13G/A, 3 filings Feb 1, 2022 to Feb 14, 202435
- ADAGE CAPITAL PARTNERS GP, L.L.C.SC 13G/A, 4 filings Feb 10, 2022 to Feb 7, 202436
- Blackstone Holdings IV L.P.SC 13G/A, 2 filings Feb 11, 2022 to Feb 9, 202337
Stakes it holds
Patria Investments Ltd has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).
- Lavoro LtdSC 13G Feb 14, 202438
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
| Class | Symbol | Exchange |
|---|---|---|
| Class A common shares, par value US$0.0001 per share | PAX | The 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
The numbers on this page point here. Each one links to the record it came from.
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- 20SEC EDGAROlimpio Matarazzo Neto, Board member
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- 23SEC EDGARGlen George Wigney, Board member
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- 25NasdaqNasdaq calendar
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