GRAND CAYMAN, Cayman Islands, Feb. 21, 2024 (GLOBE NEWSWIRE) — Patria Investments Limited (“Patria”) (NASDAQ:PAX), a global alternative asset manager and market leader in Latin America, announces the launch of its Infrastructure Private Credit fund (“The Fund”), which has already raised R$1 billion (or approximately US$ 200 million) from BNDES (the Brazilian Development Bank), CAF (Development Bank of Latin America and the Caribbean), IFC (International Finance Corporation, a member of the World Bank Group), and other institutional investors. Focused on areas that directly impact the energy transition as well as the Brazil’s economic and social development, such as renewable energy, basic sanitation and urban mobility, the Fund aims to raise up to R$5 billion (or approximately US$1 billion) in the long term, mainly from institutional investors.
GRAND CAYMAN, Cayman Islands, Feb. 21, 2024 (GLOBE NEWSWIRE) — Patria Investments Limited (“Patria”) (NASDAQ:PAX), a global alternative asset manager and market leader in Latin America, announces the launch of its Infrastructure Private Credit fund (“The Fund”), which has already raised R$1 billion (or approximately US$ 200 million) from BNDES (the Brazilian Development Bank), CAF (Development Bank of Latin America and the Caribbean), IFC (International Finance Corporation, a member of the World Bank Group), and other institutional investors. Focused on areas that directly impact the energy transition as well as the Brazil’s economic and social development, such as renewable energy, basic sanitation and urban mobility, the Fund aims to raise up to R$5 billion (or approximately US$1 billion) in the long term, mainly from institutional investors.
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