PAX
Patria Investments Limited15.50
-0.25-1.59%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Defends PE valuations, holds guidance
Q&A delved into private equity valuation mechanics—annual independent DCF appraisals, no NAV-based fees or unrealized carry through P&L—defending conservatism amid Fund IV/V underperformance while reaffirming $120M-$140M PRE target through 2027. Management held 2026 fundraising at $7B conservatively despite 2025's $7.7B beat, buoyed by LatAm/Asia/ME demand; litigation ~$100M mostly won. M&A costs peaked at $20M-$25M in Q4 from recent deals, not quarterly norm. Real estate fundraising rate-sensitive but accelerating via swaps, cuts. No walk-backs. Confident tone prevails. Watch PRE cash-ins.
Key Stats
Market Cap
2.47BP/E (TTM)
22.79Basic EPS (TTM)
0.68Dividend Yield
0.04%IPO
Website
Employees
Sector
Industry
APO
Apollo Global Management, Inc.
147.15+0.32
ASST
Strive, Inc.
0.86+0.07
BAM
Brookfield Asset Management Inc
53.16-0.05
KKR
KKR & Co. Inc.
133.38-1.43
PAXS
PIMCO Access Income Fund
15.50+0.08
PFX
PhenixFIN Corporation
44.76+0.76
PX
P10, Inc.
10.18+0.12
STEP
StepStone Group Inc.
63.52+0.08
TPG
TPG Inc.
66.43-0.31
VINP
Vinci Compass Investments Ltd.
13.20-0.04