Carey advised Patria Investment on the transaction
Patria Investments (NASDAQ: PAX), a global alternative asset manager, announced today that it will combine with Moneda Asset Management, a leading asset manager headquartered in Chile. When completed, the transaction will create an unrivaled investment platform in Latin America, with $25.9 billion in assets under management and a leader in Private Equity, Infrastructure and Credit investments in the region.
The combination will enhance Patria’s product offering by adding the largest credit investment platform in Latin America. It will also create the number one Private Investments in Public Equities (PIPE) manager in the region. The combination of the two operations will add geographical exposure within Latin America through client base and product offering and will open the opportunity for cross selling, leveraging a complementary investor base.
With more than US$ 10 billion in assets under management across credit and public equities, Moneda is a leading investment firm in Latin America, with more than 25 years of history and a track record of top quartile performance, profitability and growth. Moneda also has a robust bottom-up investment strategy that drives alpha generation.
Carey advised Patria Investments on the transaction with a team including Pablo Iacobelli (Picture), Cristián Eyzaguirre, Matías Vergara, Manuel José Garcés, Jaime Carey A., José Pardo, Daniela Pfeffer, Carla Karzulovic, Pablo Albertz, Jorge Soto, Constanza Rivera, Brian Chernin, José Pedro Fuentealba and Nicolás Fontaine.
Involved fees earner: Pablo Albertz – Carey; Jaime Carey Jr – Carey; Brian Chernin – Carey; Cristián Eyzaguirre – Carey; José Pedro Fuentealba – Carey; Manuel José Garcés – Carey; Pablo Iacobelli – Carey; Carla Karzulovic – Carey; José Pardo – Carey; Daniela Pfeffer – Carey; Constanza Rivera – Carey; Matías Vergara – Carey; Nicolás Fontaine – DLA Piper Chile;
Clients: Pátria Investments;