Patria Investments reported total fundraising of $2.3 billion in the second quarter of 2026, bringing the year-to-date total to $4.5 billion and keeping the firm on track toward its $7 billion annual target. Fee-earning assets under management reached $48.9 billion, a 32% increase from the prior year, while fee-related earnings rose 24% year-over-year to $57.1 million. The company maintained its full-year fee-related earnings guidance of $225 million to $245 million, though it now expects the fee-related earnings margin to fall modestly below its 58% to 60% target due to the faster-than-expected pace of acquisitions. Distributable earnings per share were $0.32, up 31% year-over-year, and the firm declared a quarterly dividend of $0.1625 per share. A new $1 billion multi-asset separately managed account commitment from a sovereign wealth fund client was highlighted as a key fundraising win, and pending fee-earning AUM rose 20% to $4 billion.
Patria Investments LtdReports strong Q2 fundraising, fee-earning AUM growth, and raised distributable earnings, maintaining guidance.