Patria Investments (PAX) Q2 FY26 earnings call

Patria Investments delivered a strong second quarter, driven by robust fundraising momentum across its diversified platform and significant growth in fee-earning AUM. While recent acquisitions temporarily impacted the FRE margin, management remains confident in achieving its full-year FRE target and restoring margin levels in 2027. The firm continues to expand its global reach and product offerings, with a focus on organic growth and selective M&A.