LAVCA VC
  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA
  • Member Login
  • Member Access

LAVCA VC

  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA

Brazil’s Pátria Investimentos Raises US$484m Towards 6th Fund

15 January 2018

Brazilian private equity firm Pátria Investimentos, owned in part by Blackstone Group, has raised at least US$484m toward its sixth private equity fund.

(Press Release) Pátria Investimentos, the Brazilian alternative asset manager partially owned by Blackstone Group LP, has raised $484.2 million for its sixth private-equity fund, according to a filing with the U.S. Securities and Exchange Commission.

The SEC filing didn’t disclose a target for the fund, Pátria Private Equity Fund VI LP. A spokesman for Pátria declined to comment.

The firm closed its previous fund at $1.8 billion in 2014, more than its $1.5 billion initial target, according to Dow Jones & Co. data provider LP Source.

Pátria helped pioneer the private-equity industry in Brazil. Originally known as Patrimônio Planejamento Financeiro, it was founded in 1988 with the backing of U.S. investment bank Salomon Brothers. Blackstone bought a 40% stake in the firm in 2010 to strengthen its position in the Brazilian market.

Pátria invests in a wide range of sectors, with a focus on “identifying bottlenecks in the supply of basic needs of the population of Brazil and other Latin American countries”, the firm’s website says.
Recent private-equity deals include investments in storage company Kipit Ltda, which was merged last March with portfolio company Guarde Aqui Ltda. In 2016 Pátria bought Pare Bem Ltda, which runs parking facilities.

As well as private equity, the firm invests in real estate and infrastructure. Last year it won contracts to operate highways and power transmission lines.

Brazil’s Pátria Investimentos Raises US$484m Towards 6th Fund was last modified: January 16th, 2018 by Editor
BlackstoneBrazilFundraisingMergers & AcquisitionsPatria InvestimentosPrivate Equity
0
Facebook Twitter Google +

Tech Growth Membership

The 2023 LAVCA Startup Founders Survey is made possible thanks to the support of LAVCA’s Tech Growth Membership, a group of leading tech companies and investors advancing the tech ecosystem in Latin America including AWS, Mercado Libre, Microsoft, Qualcomm Ventures, SVB, Riverwood Capital, Google and Movile.

VC Partner Events

    Tweets

    • Congratulations to all the winners of the 9th annual LAVCA ESG Deal Awards! Learn more about the winners here:… https://t.co/VSLSO2QDkU

      25-May-2023

      Reply Retweet Favorite
    • Join us at 10 am ET for LAVCA's 9th annual ESG Deal Awards! Join here: https://t.co/idTeK2S6lK #investors #LatAm… https://t.co/bbCEAOfjtd

      25-May-2023

      Reply Retweet Favorite
    • Nicolas Szekasy and Francisco Alvarez-Demalde of LAVCA Member firms @KaszekVentures & Riverwood Capital shared thei… https://t.co/GtxubjgCYD

      22-May-2023

      Reply Retweet Favorite
    • The 9th Annual LAVCA ESG Deal Awards will take place next Thursday, 25 May 2023 at 10 am ET on LinkedIn. LAVCA Mem… https://t.co/NpRQSoZgkJ

      18-May-2023

      Reply Retweet Favorite
    • Join us for "Increasing Participation of Women in Private Capital", the next module in the Inside Private Capital e… https://t.co/eQm8BFtlFg

      16-May-2023

      Reply Retweet Favorite

    Submit VC News

    Have private equity or venture capital related news that you would like to share? Submit your press releases and news to [email protected].

    VC Industry News

    • Index Ventures leads USD26m Round for Latin America’s Liquido

      17 May 2023
    • ALIVE Ventures and Reinventure Capital Lead USD3.5m Seed Round for Colombia’s BeeReaders

      3 May 2023
    • BAI Capital Leads USD10m pre-Series A for Galactic Holdings

      2 May 2023
    • Alaya Capital, FJ Labs, Mr. Pink and Opera Ventures Invest in Argentina’s Teamcubation

      30 April 2023
    • KASZEK and Riverwood Capital To Exit Argentina’s Gointegro

      26 April 2023
    • L Catterton Invests in Mexico’s Ben & Frank

      26 April 2023
    • GGV Leads USD60m Series B+ for Mexico’s Clara

      26 April 2023
    • Arce Venture Partners Leads USD12m Series A for Brazil’s Arado (formerly Clicampo)

      25 April 2023
    • Cloud9 Capital and Mercado Libre invest in BRL110m round for Cilia

      25 April 2023
    • Victory Park Invests USD100m in Colombia’s Habi

      19 April 2023

    About LAVCA

     

    LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

    LAVCA Office

        New York City:
        589 8th Ave, 18th Floor
        New York, NY 10018

    Explore LAVCA.org

    • About LAVCA
    • Board, Team, & Advisors
    • Media
    • Contact Us
    • Membership Benefits
    • Members Only Access
    • Education and Programs
    • Research
    • Policy
    • LAVCA VC
    • Contact Us

    @2020 - LAVCA. All Rights Reserved.


    Back To Top