Patria Signs Agreement to Acquire Nexus Capital, Further Expanding its Real Estate Platform in Colombia

June 6, 2024

https://www.globenewswire.com/news-release/2024/06/06/2895116/0/en/Patria-Signs-Agreement-to-Acquire-Nexus-Capital-Further-Expanding-its-Real-Estate-Platform-in-Colombia.html

GRAND CAYMAN, Cayman Islands, June 06, 2024 (GLOBE NEWSWIRE) — Patria Investments Limited (“Patria”) (NASDAQ:PAX), a global alternative asset manager and market leader in Latin America, announced today an agreement to acquire Nexus Capital (“Nexus”), one of the top independent alternative real estate asset managers in Colombia, with approximately US$ 800 million in assets under management (“AUM”) across multiple strategies. Upon the completion of the acquisition of 100% of Nexus, Patria’s Real Estate AUM in Colombia will be over US$ 2.2 billion. The transaction is expected to fully close by Q3 2024.

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