Patria Investments successfully raises over USD 670m for its Secondary Opportunities Fund V

Patria Investments, a global alternative asset manager and industry leader in Latin America and Europe, has successfully closed Patria Secondary Opportunities Fund V (“SOF V”), securing over USD 670m in total commitments.

SOF V closed more than a third above its initial target size of USD 500m and is a significant increase on the size of its predecessor fund Patria Secondary Opportunities Fund IV. SOF V attracted commitments from a diverse global investor base spanning institutional investors, family offices and private wealth channels. Re-ups and existing Patria clients accounted for approximately 55% of SOF V commitments, with the remaining 45% of commitments coming from new investors. The Fund attracted capital from five regions with North America representing over 50% of total commitments, followed by Europe at approximately 40%, with additional commitments from investors in Latin America, the Middle East and Asia-Pacific.

The secondaries market continues to benefit from attractive long-term fundamentals, supported by the continued growth of private markets and increasing demand from GPs and LPs for liquidity and portfolio management solutions. SOF V is designed to capitalize on these dynamics by leveraging Patria’s established presence, tenured team and deep relationships in the European and North American mid-markets. The Fund’s strategy focuses predominantly on private equity secondary opportunities that are below the radar or hard to access, but where Patria can use its manager relationships and po...