Primary investment
The managers of a private equity fund will seek to raise fresh capital to invest typically every five years and the Trust commits to investing in such a fund – this is known as primary investment.
The Patria Private Equity Trust provides investors with access to a diversified portfolio of leading private companies.
As managers of the Trust, we do this by investing in private equity funds and co-investments run by some of the leading private equity managers who have the expertise to source, grow and sell private companies, seeking to deliver attractive investment returns. The funds invest in mature businesses primarily through management buy-out transactions. The portfolio will comprise around 50 active private equity funds, managed by a select group of fund managers, with a target of building an underlying portfolio of over 500 private companies.
The Trust's investment objective is to achieve long-term total returns for its shareholders from both capital gain and dividends. The Patria Private Equity Trust is listed on the London Stock Exchange, so you can access our private equity strategy simply by buying shares.
Private companies
Fund manager
Fund investments and co-investments
PPET
Patria Private Equity Trust
Shareholders
Shareholders
The funds or co-investments then draw capital from us for around five years to acquire majority equity stakes in the management buyouts of private companies. After a number of years the private companies will be sold to industrial buyers, other private equity funds or exit through IPOs on listed markets. The investments acquired through secondary transactions will liquidate over a faster timeframe given the assets are closer to exit. The cash proceeds from the sale of the private companies are returned to the Trust through our fund commitments and we start the investment cycle again.
The managers of a private equity fund will seek to raise fresh capital to invest typically every five years and the Trust commits to investing in such a fund – this is known as primary investment.
Once a private equity fund has raised the fresh capital it seeks, no new investors are permitted into the fund. If an existing investor in that fund wishes to withdraw, say in year 6, the Trust can negotiate to acquire their interest - this is known as a secondary transaction.
In situations where the manager of a private equity fund seeks additional equity capital in order to make or supplement the acquisition of a portfolio company, certain investors in that fund may be offered the opportunity to invest directly into that private company alongside the fund and manager – this is known as a co-investment.
Share price:
561
NAV per Share:
769.2p