Patria's Strong Performance with Impressive 2024 Results

Author: Logan Wright Updated: 02-12-2025 06:01 AM

Patria's Impressive Earnings Performance in 2024

Patria, a key player in the alternative asset management sector, recently disclosed its unaudited financial results for both the fourth quarter and full year 2024. This announcement showcases Patria's strong operational capabilities and strategic growth amidst a transforming market environment.

Financial Highlights for the Year

According to the reported figures, Patria achieved a robust net income of $56.8 million for the final quarter of 2024 and an impressive $73.4 million for the year overall. The firm recorded Fee Related Earnings of $54.8 million in the fourth quarter, which illustrates an 18% increase from the previous year. This growth is significant considering the competitive landscape in which Patria operates.

Annual Financial Data

For the entirety of 2024, Patria's Fee Related Earnings reached $170.1 million, constituting a 15% rise compared to the prior year’s $147.7 million. With a high FRE margin of 59% in Q4 and an annual margin of 57%, these statistics indicate robust operational efficiency and growing profitability.

Dividend Declaration and Future Plans

In line with its consistent performance, Patria declared a quarterly dividend of $0.15 per share, payable to stockholders. This reflects the company’s commitment to rewarding its investors while maintaining a strong financial position. As we move into 2025, Patria has set ambitious targets, aiming for $6 billion in fundraising and between $200 to $225 million in Fee Related Earnings.

Outlook for 2025

Alex Saigh, Patria’s CEO, emphasized the firm’s positive outlook, highlighting that the diversification of their investment strategies and product offerings has positioned them well for future growth. This sentiment resonates throughout the company as they continue to refine their strategies to cater to a broader investor base.

About Patria

Founded over three decades ago, Patria stands out as an industry leader in Latin America with total assets under management amounting to $41.9 billion. The company operates in several investment sectors such as Private Equity and Infrastructure, indicating a well-rounded approach to asset management. Their commitment to achieving attractive long-term investment returns is a testament to their strategic finesse.

Frequently Asked Questions

What were Patria's earnings for Q4 2024?

Patria reported net income of $56.8 million for the fourth quarter of 2024.

How much did Patria raise in 2024?

Patria successfully raised $5.5 billion in 2024, surpassing their initial target.

What is the dividend declared by Patria?

Patria declared a quarterly dividend of $0.15 per share for shareholders.

What sectors does Patria manage assets in?

Patria manages assets across several sectors including Private Equity, Infrastructure, and Real Estate.

What are Patria's growth targets for 2025?

Patria aims to achieve $6 billion in fundraising and $200 to $225 million in Fee Related Earnings for 2025.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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