Patria Investments Limited · NASDAQ:PAX
Patria Investments — Merger or Acquisition (October 2023)
11 slides from Patria Investments's merger presentation, Oct 16, 2023
Slide 1: Patria Acquires Private Equity Solutions Business from abrdn
1 Patria Investments (Nasdaq: PAX) Patria Acquires Private Equity Solutions Business from abrdn to Expand Global Private Markets Capabilities OCTOBER 2023
Slide 2: Disclaimer and Forward Looking Statements
This presentation is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any securities of Patria Investments Limited. The information contained herein does not purport to be all-inclusive. The data contained he
Slide 3: Transaction Summary
3 Transaction Summary Key Transaction Details Management Timing ▪ Total consideration of up to £100 million (or currently ~$122 million) payable to the seller in cash, with £80 million as base value and £20 million contingent on certain performance factors o £60 million payable at closing and financ
Slide 4: Acquisition to Launch Patria's Vertical
4 Acquisition to Launch Patria’s Global Private Markets Solutions Vertical1 An Attractive Strategy… … Joining Forces With An Established Partner ✓ Specialized private equity programs, including Secondaries and Co-investments are among the fastest growing strategies within private markets but with li
Slide 5: Global Institutional Capital to LatAm Alternatives
5 Global Institutional Capital to LatAm Alternatives 1 LatAm Capital to LatAm Alternatives 2 LatAm Capital to Global Alternatives 3 Patria’s ambition as the “gateway for alternatives” in Latin America is based on three pillars ▪ Patria currently manages $1.3 billion of FEAUM in feeder funds direct t
Slide 6: Harnessing the Evolution of Private Markets Solutions
6 Harnessing the Evolution of Private Markets Solutions Primary, secondaries and co-investment strategies are in high demand, with consistent growth globally and in the European mid-market Source: Based on Preqin data. Mid-market space offers an attractive opportunity to drive differentiated returns
Slide 7: Adding a Proven & Diversified Investment Platform
7 Adding a Proven & Diversified Investment Platform… ▪ Sticky Fee Earning AUM: transaction increases Patria’s permanent capital from 7% to 13%1 of FEAUM ▪ Hard Currency Revenue: 100% of FEAUM denominated in a combination of GBP, USD and EUR ▪ Loyal LP Base: strong relationships diversified across pu
Slide 8: With Strong & Consistent Investment Performance
8 … with Strong & Consistent Investment Performance ▪ Solid and longstanding track record across attractive and scalable investment strategies (Primaries, Secondaries and Co-investments) ▪ High levels of client satisfaction on investment performance and mandate delivery to support new fundraising in
Slide 9: Joining Forces with a Well-Seasoned Team
9 Joining Forces with a Well-Seasoned Team ▪ Experienced, market-leading team with broad skillset, compelling investment track record, and significant direct expertise/GP backgrounds ▪ Strong and complementary internal core capabilities of sourcing and investing – Primaries, Secondaries and Co-inves
Slide 10: Marco D'Ippolito to head the new vertical
10 Managing Partner with over 22 years of experience in the private equity industry and 19 years in Patria, Marco D’Ippolito will head the new verticalMarco D’Ippolito 21% 14% 21% 43% US$ 9+ bn Patria Global Private Markets Solutions (Pro forma) Head of GPMS1 A new vertical focused on serving client
Slide 11: Patria: A Diversified Platform with a Runway to Scale
11 Patria: A Diversified Platform with a Runway to Scale Private Equity At IPO… Infrastructure Credit Public Equities Real Estate Global Private Markets Solutions Wealth Mgmt ✓ Flagship Buyout ✓ Flagship Buyout + Growth Equity + Venture Capital + SPAC ✓ Flagship Development ✓ Flagship Development +
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