Patria Reports 17% Q2 Growth, $4.5B Fundraising, Announces Share Buyback

Patria Investments reported strong financial results for the second quarter of 2025, with $1.3 billion raised in the quarter and a total of approximately $4.5 billion raised in the first half of the year, exceeding its initial full-year fundraising target by 5% to 10%. The company achieved Fee Related Earnings (FRE) of $46 million, marking a 17% year-over-year increase, and experienced a 6% sequential and 20% year-over-year growth in Fee Earning Assets Under Management (FEAUM). Despite missing earnings per share estimates with $0.24 reported versus the expected $0.30, Patria's shares have outperformed the S&P 500 year-to-date by about 20%. CEO Alex Saigh highlighted the firm’s diversified platform and organic growth as key factors in maintaining confidence amid potential global economic challenges, including trade tensions. Patria also announced a new share repurchase program for up to 3 million Class A common shares and declared a quarterly dividend of $0.15 per share. Analysts maintain a cautious outlook, balancing the firm's strong fundraising and asset growth with concerns over valuation and financial challenges.