Patria Q3 Fee Related Earnings Rise 7% to $52.8 Million: $2.4 Billion Raised in Quarter, Full-Year Target Hit a Quarter Early
Global alternative asset manager Patria Investments Limited (Nasdaq: PAX) on Nov. 3 in Grand Cayman reported unaudited results for the third quarter ended September 30, 2026: fee related earnings of $52.8 million, up 7% from $49.5 million a year earlier, at an FRE margin of 53.7%, while IFRS results included $7.2 million of net income attributable to Patria for the quarter.
Distributable earnings were $46.9 million, or $0.30 per share. Patria declared a quarterly dividend of $0.1625 per share, payable December 11, 2026 to common shareholders of record at the close of business on November 13, 2026.
Patria raised $2.4 billion in the quarter and $6.9 billion year to date, effectively reaching its full-year fundraising target one quarter ahead of schedule, and said it is on track for another record year. Fee-related earnings per share are up 16% year to date, with $4.8 billion in pending fee-earning assets under management. The firm said over 85% of its fee-earning AuM, excluding separately managed accounts and third-party managed funds, sits in funds at or above their benchmarks since inception.
Chief Executive Officer Alex Saigh said the third-quarter results demonstrate the strength and resilience of Patria's increasingly diversified platform, and that its differentiated investment performance and ability to design tailored solutions for the world's leading institutional investors are driving the momentum, giving the firm confidence in delivering on its 2026 guidance and its path toward 2027 targets.
Patria is a global alternative asset management firm focused on the mid-market, a leading asset manager in Latin America with a strong presence in Europe, with more than $62 billion in assets under management and over 37 years of experience across infrastructure, credit, real estate, private equity, solutions and public equities, in sectors including agribusiness, power and energy, healthcare, logistics and transportation, food and beverage, and digital and tech services.
Source: Patria Investments
Published by GSM · USA (original Chinese edition)
Photo: 圣保罗 Faria Lima 大道金融区（Wikimedia Commons，Wilfredor，CC0）
