Private-Credit Firms Lure Largest Latin American Asset Manager [BNN Bloomberg (Canada)]
Patria Investments Limited - Class A Common Shares (PAX)
Company Research
Source: BNN Bloomberg
“There is a gigantic opportunity for private credit in Latin America, a place where credit is still very much concentrated in the biggest banks,” Vinci Chief Executive Officer Alessandro Horta said in an interview. “We are just beginning to see disintermediation in the region,” where there is only a “small presence of big regional asset-management players.” Since their initial public share offerings in January 2021, both Rio de Janeiro-based Vinci and its biggest competitor, Sao Paulo-based Patria Investments Ltd., have been on a buying spree, consolidating the alternative-investment industry in Latin America. Last week, Vinci said it will acquire Compass Group LLC to expand its footprint across the region, creating a combined entity that will manage more than $50 billion. In 2022, the company announced the acquisition of SPS Capital, a distressed-asset manager. Vinci has about 5.4 billion reais ($1.1 billion) in private-credit funds in Brazil, and is planning to expand the busin
Show less
Read more
Impact Snapshot
Event Time:
PAX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PAX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PAX alerts
High impacting Patria Investments Limited - Class A Common Shares news events
Weekly update
A roundup of the hottest topics
PAX
News
- Patria Announces First Quarter 2024 Investor CallGlobeNewswire
- PAX or TPG: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Private-Credit Firms Lure Largest Latin American Asset Manager [Yahoo! Finance]Yahoo! Finance
- My 2 Biggest Dividend Stock Investments For 2024 [Seeking Alpha]Seeking Alpha
- Don't Overlook These Low-Risk High-Dividend Yielding Stocks [Yahoo! Finance]Yahoo! Finance
PAX
Earnings
- 2/15/24 - Beat
PAX
Sec Filings
- 3/28/24 - Form 424B3
- 2/27/24 - Form S-8
- 2/26/24 - Form S-8
- PAX's page on the SEC website