Patria Investments Limited (PAX) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

from Patria Shareholder Relations. Please go ahead. Thank you. Good morning, everyone, and welcome to Patria's fourth quarter and full year 2025 earnings call. Speaking today on the call are our Chief Executive Officer, Alex Saig, and our Chief Financial Officer, Ana Russo, and our Chief Economist, Luis Fernando Lopes, for the Q&A session. This morning, we issued a press release and earnings presentation detailing our results for the quarter, which you can find posted in the investor relations section of our website on Form 6K filed within the Securities and Exchange Commission. This call is being webcast and a replay will be available. Before we begin, I'd like to remind everyone that today's call may include forward-looking statements which are uncertain, do not guarantee future performance, and undue reliance should not be placed on them. PATRE assumes no obligation and does not intend to update any such forward-looking statements. Such statements are based on current management expectations and involve risks, including those discussed in the Risk Factors section of our latest Form 20-F Annual Report. I also note that no statement on this call constitutes an offer to sell or a solicitation of an offer to purchase an interest in any PATRE fund. As a foreign private issuer, PATI reports financial results using International Financial Reporting Standards, or IFRS, as opposed to USGAP. Additionally, we would like to remind everyone that we will refer to certain non-IFRS measures, which we believe are relevant in assessing the financial performance of the business, but which should not be considered in isolation from, or as a substitute for, measures prepared in accordance with IFRS. Reconciliation of these measures to the most comparable IFRS measures are included in ...