Overview

In business for over 28 years, Patria Investments is one of the largest alternative investments manager focused on LatAm assets, specially in Brazil. It is a pioneer in Private Equity in Brazil, gradually building up its portfolio with the creation of new businesses in Infrastructure, Real Estate, Credit, Agribusiness and PIPE. Blackstone, a leader in alternative investments management, has been a major partner of Patria since 2010.

Offices, Investments and Sponsors

Bogotá

Carrera 11 # 98-07 - Oficina 201 B Bogotá - Colombia
+57 1 390 2127

Dubai

DIFC - Gate Village Building 6 - Level 5 - Dubai
+97 144223015

London

40 Berkeley Square - 2nd Floor Mayfair - London - W1J 5AL
+44 0 20 7104 4639

New York

345 Park Avenue, 15th Floor - New York, NY - 10154
+1 646 313 6271

Rio de Janeiro

Av. Ataulfo de Paiva, 1235 - 1º andar, Sala 102 - Leblon - Rio de Janeiro - RJ
+55 21 3993-9100

Santa Monica

1299 Ocean Ave, Suite 900 - Santa Monica, CA - 90401
+1 310 310 6820

Santiago

Avenida Apoquindo, 3472 - Piso 9 - 901B - Santiago - Chile
+562 2938 9450

São Paulo

Avenida Cidade Jardim, 803 - 10th Floor - São Paulo, Brazil - 01453 000
+55 11 3039 9000

Patria works around the clock


Our Timeline

From our earliest days, Patria Investments has been a trailblazer in Brazil´s investment markets, with a track record of expanding investor´s opportunities, advancing clients initiatives and supporting economic growth.


Portfolio

details

PRIVATE EQUITY AC Café

AC Café is one of the leading
Brazilian gourmet coffee companies

details

PRIVATE EQUITY Açaí Frooty

Frooty pioneered and is currently a market leader in the açaí-based product segment in Brazil

details

PRIVATE EQUITY Agrichem

Agrichem is a leading fertilizer company
that provides plant nutrition in the form
of liquid fertilizers to a variety of crops

details

PRIVATE EQUITY Alliar

Alliar is one of the largest players in
the imaging diagnostic sector in Brazil

details

REAL ESTATE Alphaville

Alphaville is the leading
gated-communities
developer in Brazil

Américas Corporate

details

REAL ESTATE Américas Corporate

Acquisition of a class A corporate building in Rio de Janeiro

details

PRIVATE EQUITY Anhanguera

Anhanguera is the largest private for-profit education institutions in Brazil

Av. Brasil Land Site

details

REAL ESTATE Av. Brasil Land Site

Acquisition of a land site strategically
located in an important industrial
region of Rio de Janeiro

details

PRIVATE EQUITY Bio Ritmo

Bio Ritmo Group is
the largest fitness club
operator in Latin America

details

PRIVATE EQUITY BSL

Brazil Senior Living (BSL) is
a leader in the independent
and assisted living segment

Call Center

details

REAL ESTATE Call Center

Acquisition of a call center in São Paulo

Call Center

details

REAL ESTATE Call Center

Acquisition and retrofit of a call center in São Paulo

Cidade Nova Land Site

details

REAL ESTATE Cidade Nova Land Site

Acquisition of a land site located
in a recently revamped region in
Rio de Janeiro, to be developed
into a prime corporate building

Cold Storage Ribeirão das Neves

details

REAL ESTATE Cold Storage Ribeirão das Neves

Acquisition of a high standard cold storage facility strategically
located in region with wide supply/demand gap

details

PRIVATE EQUITY Dânica Zipco

Danica-Zipco is one of the largest building
systems companies for non-residential projects
in Latin America

details

PRIVATE EQUITY DASA

DASA is the largest publicly-held clinical analysis and diagnostics imaging company in Latin America and one of the largest worldwide, offering a comprehensive portfolio of clinical analysis and diagnostics imaging tests.

details

PRIVATE EQUITY DFS

DFS is a food distribution
company focused on the
food-service segment

Distribution Center

details

REAL ESTATE Distribution Center

BTS of a distribution center for a leading multinational personal care company

Distribution Center

details

REAL ESTATE Distribution Center

BTS of a distribution center
for leading Brazilian retailer

Distribution Center

details

REAL ESTATE Distribution Center

BTS of a distribution center for
multinational packaging company

Educational Campus

details

REAL ESTATE Educational Campus

BTS of an education campus for
leading Brazilian business school

Educational Campus

details

REAL ESTATE Educational Campus

Acquisition of an educational campus leased to one of the largest Brazilian educational institutions

details

PRIVATE EQUITY Elfa

Elfa is a specialty
pharmaceutical distributor

Embu Land Site

details

REAL ESTATE Embu Land Site

Acquisition of a land site strategically
located in a prime region of São Paulo,
3 miles from the city's ring road

Eye Clinics

details

PRIVATE EQUITY Eye Clinics

Eye care clinics chain providing high quality diagnosis and treatment of ophtalmic disorders and diseases.

 

details

INFRASTRUCTURE Grupo CBO 2011

Oil and Gas Logisctics

details

INFRASTRUCTURE Hidrovias do Brasil 2010

Waterway Logisctics

details

INFRASTRUCTURE Highline 2012

Wireless Infrastructure

details

REAL ESTATE Itatiaia I

Land site strategically located
in one of the main industrial poles,
between Rio de Janeiro and São Paulo

details

REAL ESTATE Itatiaia II

Strategic acquisition of land site
at opportune cost adjacent to
Itatiaia I, with significant synergies

details

PRIVATE EQUITY Junior

Junior is a leading company in the food ingredients industry in Brazil, providing sauces, seasoning, condiments and dessert toppings to the food service industry (fast-food chains, hotels, restaurants, catering services, and industrial food courts).

details

REAL ESTATE Kipit Minidocks

Acquisition and retrofit of a self-storage unit, integrated into Patria's Self-Storage Platform

details

REAL ESTATE Kipit Vila Leopoldina

Acquisition and retrofit of a self-storage unit, integrated into Patria's Self-Storage Platform

Lagoa Corporate

details

REAL ESTATE Lagoa Corporate

Acquisition and retrofit of a corporate building in a strategic region in Rio de Janeiro

details

INFRASTRUCTURE LAP 2012

Renewable Energy

Light Industrial Plant

details

REAL ESTATE Light Industrial Plant

BTS of an industrial/logistics center
for leading Brazilian steelmaker

Light Industrial Plant

details

REAL ESTATE Light Industrial Plant

BTS of a light industrial plant for a multinational painting and coating company

Light Industrial Plant

details

REAL ESTATE Light Industrial Plant

Acquisition of a property leased to a leading multinational pharmaceutical company

Light Industrial Plant

details

REAL ESTATE Light Industrial Plant

2nd BTS of an industrial/logistics
center for leading Brazilian steelmaker

Light Industrial Plant

details

REAL ESTATE Light Industrial Plant

Acquisition of a logistics condominium leased to two leading multinational companies in the automotive and engineering appliances segments

details

PIPE Locamerica

Locamerica is one of the largest Brazilian companies exclusively focused on corporate fleet outsourcing.

details

PRIVATE EQUITY MDT Implantes

MDT is a leading Brazilian player in the medical device segment with one of the best orthopedic research centers in Latin America and a state of the art industrial plant.

details

PRIVATE EQUITY Natulab

Natulab is a pharmaceutical company focused
on branded generics, "over the counter"
(OTC) products, vitamins and supplements.

details

INFRASTRUCTURE Nova Opersan 2012

Water and Waste Water treatment

details

INFRASTRUCTURE Odata 2015

Data Center infrastructure
and colocation services

details

INFRASTRUCTURE Pare Bem Estacionamentos 2015

Urban parking

Península Corporate

details

REAL ESTATE Península Corporate

Acquisition of a class A corporate building in Rio de Janeiro

Sabará Hospital

details

REAL ESTATE Sabará Hospital

Acquisition and retrofit of a hospital in downtown São Paulo

São Bento Corporate

details

REAL ESTATE São Bento Corporate

Acquisition of a class A corporate building in Rio de Janeiro

Corporate Headquarters

details

REAL ESTATE Corporate Headquarters

Sale and leaseback of a corporate building leased to one of the largest multinational chemicals company

details

PRIVATE EQUITY Super Frio

Super Frio is a leading temperature-controlled
logistics services provider in the state of São Paulo

details

PRIVATE EQUITY Suppliecard

SupplierCard is a credit card issuer
and acquirer focused on private label
cards for business-to-business purchases

details

INFRASTRUCTURE Tecnogera 2014

Temporary Power Solutions

details

REAL ESTATE Tenco

Tenco Shopping Centers is a specialist in the
development, management, commercialization
and administration of shopping malls with
a focus on large secondary cities in Brazil

details

INFRASTRUCTURE ARGO

Creation of a platform to invest in
the power transmission sector in Brazil

details

PRIVATE EQUITY Veloce

Veloce is one of the leading companies dedicated to providing logistics and supply chain solutions in Brazil and Argentina.

Visconde de Inhaúma Corporate

details

REAL ESTATE Visconde de Inhaúma Corporate

Acquisition of a class A corporate building in Rio de Janeiro

details

INFRASTRUCTURE Vogel 2014

Broadband Infrastructure

details

PRIVATE EQUITY Zatix

Zatix Tecnologia is one of the leading telematics
olutions providers in Brazil, offering services
in Fleet Management 
and Stolen Vehicle
Recovery in the B2B market


Leadership

Pátria is distinguished by its team’s stability and experience. The firm has 16 partners — 13 of whom have been working together for over 15 years — and more than 200 employees. The founding partners have substantial experience in both domestic and international financial markets, including partnerships with leading global investment and financial advisory firms. Our team has the technical and strategic expertise to identify the best investment opportunities and seek to deliver the highest returns to our investors.


Senior Managing Partner and Co-Founder at Patria, primarily responsible for Patria’s Private Equity Division and a member of Patria’s Board, Executive Committee, Management Committee and Investment Committees. Mr. Saigh held and currently holds board member positions in several of Patria's Funds' Invested Companies. Mr. Saigh was one of the founders of Patria in 2001 (successor of Patrimônio) developing and leading the efforts for Patria to become one of the leading alternative investment firms. Mr. Saigh joined Patrimônio (Patria’s predecessor company) in 1994, as a Managing Partner responsible for the development and execution of the Firm’s private equity business. Between 1994 and 1997, while developing Patrimônio’s private equity business, Mr. Saigh was Chief Executive Officer and Chief Financial Officer of Drogasil, one of the leading drugstore chains in Brazil and Patria’s first private equity investment. Prior to joining Patrimônio, Mr. Saigh worked at JPMorgan Investment Bank from 1989 to 1994, as a Vice President for its private equity, corporate finance and M&A divisions. Mr. Saigh holds a Bachelor’s Degree in Financial Management and Hotel Administration from Boston University and a post-graduate Certificate in Economics from Harvard University.

Senior Managing Partner and Co-founder at Patria primarily responsible for the Real Estate and Credit divisions and a member of Patria's Board and Executive Committee. Mr. Matarazzo was a founding partner of Patria in 2001 (successor of Patrimônio), developing and leading the efforts for Patria to become one of the leading alternative investment firms in Brazil. Mr. Matarazzo is one of the founders of Patrimônio in 1988 and led its capital markets and proprietary desks, as well as the relationship with Salomon Brothers' fixed income desk. After the sale of Patrimônio to Chase Manhattan in 1999, Mr. Matarazzo spent two years at Chase Manhattan where he was co-responsible for its proprietary and capital markets desks in Brazil. Prior to founding Patrimônio, Mr. Matarazzo worked at JPMorgan as a Vice President for its Corporate Finance division. Mr. Matarazzo holds a Bachelor's Degree in Business Administration from Universidade de São Paulo (USP) and a board member positions in several of Patria invested companies.

 

Senior Managing Partner at Patria, Mr. Branco is responsible for Patria’s Infrastructure division and a member of Patria’s Executive Committee. Mr. Branco joined Patria in 2003, initially as Managing Partner responsible for the Advisory Group. In 2006, Mr. Branco spearheaded the entrance of Patria into the infrastructure sector with the creation of ERSA, Patria’s renewable power investment vehicle (Patria’s Infrastructure Fund I). Prior to Patria, Mr. Branco served as an Executive Director primarily responsible for energy and infrastructure financing and as an executive member of the federal government Energy Crisis Committee at the Brazilian National Development Bank (“BNDES”).  At the same time, Mr. Branco was also member of the Board of Directors of Vale do Rio Doce and of Eletrobrás. Previously, Mr. Branco led JPMorgan’s investment banking unit in Brazil from 1995 to 2000, assuming the co-presidency of the Brazilian division in 2000. From 1990 to 1995, Mr. Branco was CFO and a member of the executive committee at Grupo Caemi. Mr. Branco holds a bachelor’s degree in Production Engineering from Escola Politécnica da Universidade de São Paulo (USP). 

Alexandre Borensztein is a Partner at Pátria, primarily responsible for the Pátria Real Estate Divison. Joining Pátria in 2001, Mr. Borensztein currently oversees the structure and execution of real-estate transactions. Prior to joining the firm, Mr. Borensztein worked in Ambev’s financial division and was an investment analyst for both Banco Patrimônio and Chase Manhattan Bank. He also held the position of senior analyst at SR Rating/ Duff & Phelps. Before working in financial services, Mr. Borensztein was an economist at RC Consultores. Mr. Borensztein holds a BA in Economics from Pontifícia Universidade Católica (PUC) of Rio de Janeiro, and a graduate degree in Finance from the Instituto Brasileiro de Mercado de Capitais (IBMEC).

Partner responsible for the Sales and Investor Relations area, focused on international investors. Member of Patria's Management Committee, Mr. Penalva became a Partner at Patria in 2005. Before joining Patria, Mr. Penalva worked in the private banking division of JPMorgan and coordinated the corporate sales and derivatives desk at Chase Manhattan Bank. Mr. Penalva also worked at Banco Patrimônio as a fixed-income trader, heading the bank's offshore activities and the relationship with Salomon Brothers in emerging markets fixed-income investments. Mr. Penalva has a Bachelor's Degree in Mechanical Engineering from Escola Politécnica da Universidade de São Paulo (USP).

Mr. Sales is a Partner at Patria, and Investment Officer at Patria Infrastructure division. Mr. Sales was the Director of Pátria’s M&A Advisory, and co-CEO of ERSA (Patria’s Infrastructure Fund I), a company that later became CPFL Renewables. Prior to joining Patria, Mr. Sales was a Senior Manager in the energy arm of Vale, a Senior Associate in the Infrastructure department of the Brazilian National Development Bank (“BNDES”). Mr. Sales founded an internet community and market place for entities connected to the Brazilian agricultural industry, sold to Bradesco in 2000. Mr. Sales also worked for 4 years at J.P. Morgan in São Paulo and New York in the Mergers & Acquisitions and Corporate Finance Group. Mr. Sales holds a bachelor’s degree in Production Engineering from Escola Politécnica da Universidade de São Paulo (USP).

Partner of Patria and responsible for managing Patria's Agribusiness division. Mr. Wever joined Patria in 2007 as the head of Merger and Acquisition practices, with special focus on the agribusiness industry, having led deals for six different companies in the segment. Prior to joining Patria, he was Chief Investment Officer of a Brazilian Family Office. Previously, he was an Executive Director of Unibanco's corporate focused products and a member of the credit committee. In addition to that, Mr. Wever worked as a Director at Unibanco responsible for the infrastructure sector, banker at JP Morgan focusing on financial institutions, telecom, retail and private equity sectors and has also worked at Salomon Brothers in New York and Booz-Allen in London. Antonio earned a B.S. in Mechanical/Production Engineering at Escola Politécnica de São Paulo (USP) and holds a MBA degree from IMD.

Partner at Patria since 2009, primarily responsible for new business efforts in Patria’s Private Equity Group. Mr. Sorrentino has been Chairman of the board of directors of Alliar since 2011, MDT since 2012 and Tenco since 2011. He is also responsible for overseeing Fund III’s investment in Bio Ritmo. Mr. Sorrentino joined Patria in 2001. From 2005 to 2006, Mr. Sorrentino worked at Anhanguera as a business analyst and planning manager and from 2003 to 2005 at Anhembi Morumbi as a financial analyst. Prior to that, Mr. Sorrentino worked at DASA in the M&A initiative and for Fotoptica as a business analyst. Mr. Sorrentino holds a Bachelor’s Degree in Business Administration from Fundação Getúlio Vargas.

Mr. Antun is a partner at Patria, primarily responsible for Patria’s Retail Properties platform and also originating and structuring real estate transactions in the Real Estate group at Patria. Mr. Antun became a partner in 2007. Before joining Patria, Mr. Antun was responsible for mergers and acquisitions and turnaround processes at Íntegra Associados.  Between 1995 and 2001, Mr. Antun was a senior associate in the equity and debt capital markets area of JPMorgan, Chase Manhattan and Patrimônio, where he was involved with several fixed income transactions, IPOs and block trades.  Mr. Antun holds a Bachelor's Degree in Business Administration from Fundação Getulio Vargas (FGV) and a Master's Degree in Business (MBA) from Columbia Business School.

Mr. Pinto is a Partner at Patria and Investment Officer at Patria Infrastructure division. Prior to joining Patria as a Director, Mr. Pinto was initially responsible for business development at Cargill in South America, and later, Mr. Pinto became a senior executive responsible for one of Cargill’s businesses in Brazil. Prior to Cargill, Mr. Pinto was an analyst, associate and project leader with Bain & Company in the São Paulo and Johannesburg offices. Mr. Pinto holds a bachelor’s degree in Business Administration from Fundação Getúlio Vargas (FGV), a Certificate of Special Studies in Management from Harvard University and an M.B.A. from INSEAD Business School in France.

Partner at Patria since 2014. Mr. Karsten is currently focused on managing a portfolio of companies and on new business efforts in Patria’s Private Equity Group. Mr. Karsten is a board member of AC café, Frooty, MDT and Superfrio . Previously, Mr. Karsten acted as Chief Operating Officer of LFG, a business unit of Anhanguera. Before joining Patria in 2008, Mr. Karsten worked for 5 years as Chief Operating Officer of a leading Brazilian retail company and as Export Director of a large Consumer Goods company. Mr. Karsten worked for more than 8 years in investment banking, both at JPMorgan in New York and São Paulo and at banco de investimentos Patrimônio. Mr. Karsten holds a Bachelor’s Degree in Business Administration from Fundação Getúlio Vargas and a MBA from the University of Chicago Graduate School Of Business.

Mr. Fladt is a Partner in the Real Estate group at Patria, focused on new business and structuring real-estate transactions. He joined the firm in 2007, having worked in originating and structuring real-estate transactions. With over 15 years of experience in real estate, his most recent previous position was as vice president for real estate at Jones Lang Lasalle, where he worked from 1999-2007 in various positions, being involved particularly with outsourcing real-estate portfolio management. Before that, he was Director of New Business at Monteiro de Barros Investimentos S.A., a real-estate developer, and an appraiser and expert witness at Appraisal Ltda. Mr. Fladt began his career as a sales manager at ABB – Asea Brown Bovery. Mr. Fladt holds a Bachelor’s Degree in Agronomy from Escola Superior e Agronomia “Luis Queiroz” (ESALQ), with several specializations in real estate from Fundação Instituto de Administração (FIA) and Fundação Getulio Vargas (FGV) in programs such as shopping-center management and finance.

Marco Nicola D´Ippolito is Senior Partner & Chief Operating Officer at Patria Investimentos, dedicated to management, investments and portfolio management. Mr D’Ippolito is a member of the Management Committee at Patria and Chairman of the Board and Board Member with different portfolio companies. Before joining Pátria in 2005, Mr. D’Ippolito worked for a Brazilian family office as private equity portfolio manager between 2002 and 2005. Prior to that, Mr. D’Ippolito participated on the start-up, development and sale of an IT private company in Brazil. Mr. D’Ippolito holds a Bachelor’s Degree in Economics from Fundação Armando Álvares Penteado (FAAP) and an MBA from Instituto Brasileiro de Mercado de Capitais (IBMEC) and advocates for entrepreneurship as volunteer at Endeavor.

Nemer Rahal is a Partner at Pátria, where he is in charge of Investor Relations. He joined the firm in 2004 and was primarily responsible for developing the group’s institutional-investor portfolio. Mr. Rahal began his career as a manager for institutional relations division at Banco Patrimônio and a manager for Socimer International Bank. He was vice president of JP Morgan Chase’s distribution unit, where he headed capital-market placements for local investors. Mr Rahal later became the director of Patrimônio. Mr. Rahal holds a BS in Engineering and a graduate degree in Business Administration from the Fundação Armando Álvares Penteado (FAAP) and a MBA from INSEAD Business School in France.

Partner at Patria since 2005, primarily responsible for new investments in the Private Equity and PIPE strategies. Mr. Scavazza joined Patrimônio in 1999 and has worked on several new investments and acquisitions for the portfolio companies of Fund I, II, III, IV and V. Mr. Scavazza worked as Chief Executive Officer at Anhanguera between 2009 and 2013. Additionally, Mr. Scavazza was Chief Financial Officer at DASA, in 2001, and at Anhanguera from 2003 to 2006. Mr. Scavazza holds a Bachelor’s Degree in Business Administration from Fundação Getúlio Vargas.

Partner at Patria since 2007, head of the Credit division and part of the institution since 2003. Prior to that, Mr. van Eyll worked in the derivatives unit of JP Morgan Chase, where he managed several multimarket fund positions.
Mr. van Eyll holds a BS in Mechatronic Engineering from the Polytechnic School of the Universidade de São Paulo (USP) and a Master´s Degree from Fundação Getúlio Vargas (FGV). He also earned his CFA title in 2004.

 

 


Patria and Blackstone partnership

Since 2010, Patria established a partnership with Blackstone¹, the global leader in alternative investments, with its acquisition of an indirect 40% share of Patria.

The companies association combines the expertise of two huge players in the alternative investment field, expanding the scope globally and the resources available to meet the needs of clients and investors and to create value through joint efforts in Brazil, LatAm and the rest of the world.

view more



¹Blackstone® is a registered trademark of The Blackstone Group LP.

top

General Contact

For office-specific contact information,
please visit our offices page

All offices

Media Contact

Ideal H+K Strategies

Thais de Araújo  +55 11 4095 2944
Paula Pereira      +55 11 4095 2925
patria@idealhks.com

Contact Us

Investor Relations

For investor relations contact information
INT. +1 212 390 2205 | BR +55 11 3039 9090

Contact

Reporting Hotline

You may submit your concern anonymously or confidentialy

Submit

Reporting Hotline

Regulatory and Compliance

Please note that certain regulatory documents specifically prepared in attendance to the Brazilian regulations are available only in a portuguese version.

Code of Ethics and Compliance Manual
JAN/2016
PDF

Código de Ética e Regras de Conduta
JUN/2016
PDF
            
Regras, Procedimentos e Descrição dos Controles Internos, elaborados para o cumprimento da Instrução CVM 558/15
JUN/2016
PDF
         
Política de Gestão de Risco
JUN/2016
PDF
            
Política de Investimento Pessoal
JUN/2016
PDF
         
Manual de Precificação de Ativos - Patria
JUN/2016
PDF

Manual de Precificação de Ativos - Itaú (custodiante e controlador dos fundos administrados pelo Patria)
MAR/2016
PDF
                  
Política de Rateio e Divisão de Ordens
JUN/2016
PDF

Política de Voto
PDF
                                   
Formulários de Referencia (ICVM 558 Anexo 15-II):

Patria Investimentos Ltda.
MAR/2015
PDF
                     
Patria Infraestrutura Gestão de Recursos Ltda.
MAR/2015
PDF
                      
PIP Administração de Recursos Ltda.
MAR/2015
PDF

Legal and Privacy

Thanks for accessing the website (the “Site”) of Patria Investments Ltd. and its affiliates (collectively, "Patria"). By using this Site, you hereby accept and agree to abide by the following terms and conditions (“Terms and Conditions”). You acknowledge your understanding that these Terms and Conditions constitute a binding agreement between you and Patria (sometimes referred to as “we” or “us”) that governs your access and use of the Site, which includes all contents on or through the Site (together, "Content").

Please read these Terms and Conditions carefully before using this Site. Each time you use the Site you accept and agree to abide by these Terms and Conditions. If you do not accept the Terms and Conditions stated herein, do not use the Site. Your breach of any provision of these Terms and Conditions revoke and terminate your right to access the Site and you will be fully liable for conversion, misappropriation, and all other claims and causes arising from or relating to your continued use of the Site after such breach.

Limited Right to Use

Patria grants you a limited right to use the Site. Your right to use the Site is subject to your agreement to abide by these Terms and Conditions in their entirety, as well as any other rules, procedures, policies, terms or conditions that govern all or any portion of the Site. At any time and for any reason Patria may revoke your right to use all or any portion of the Site.

Updates to the Site

Patria  reserves the right to make changes to the Site and these Terms and Conditions at any time without prior notice to you. For this reason, each time you use the Site, you should visit and review the then-current Terms and Conditions that apply to your use of the Site.

Site Security

You may not violate or attempt to violate the security of the Site. You are prohibited from violating or attempting to violate the security of the Site, including, without limitation, (a) accessing data not intended for you or logging onto a server or an account which you are not authorized to access; (b) disabling, removing, defeating, or avoiding any security device or system, including, without limitation, any password and login functionality used to authenticate users; (c) attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorization; (d) attempting to interfere with service to any user, host or network, including, without limitation, via means of submitting a virus to the Site, overloading, "flooding," "spamming," "mailbombing" or "crashing;" (e) sending unsolicited email, including promotions and/or advertising of products or services; (f) forging any TCP/IP packet header or any part of the header information in any email or posting; (g) using or attempting to use any engine, software, tool, agent or other device or mechanism (including, without limitation, browsers, spiders, robots, avatars or intelligent agents) to navigate or search the Site other than the search engine and search agents available on the Site and other than generally available third party web browsers; (h) reverse engineering, decompiling or disassembling the underlying software; (i) removing any notices, warnings, labels, annotations or instructions from any portion of the Site or any related material, including, without limitation, any patent, trademark, copyright, or other proprietary notices or license provisions; or (j) otherwise invading the privacy of, obtaining the identity of, or obtaining any personal information about any user of the Site.

Ownership

You may download or copy Content only to the extent such download is expressly permitted in writing on the Site. No right, title or interest in any downloaded materials or software is transferred to you as a result of any such downloading or copying. You may not reproduce (except as noted above), publish, transmit, distribute, display, modify, sell or participate in any sale of or exploit in any way, in whole or in part, any of the Content, the Site or any related software.

Nothing on the Site shall be interpreted as granting any license or right to use any image, trademark, trade dress, logo or service mark on the Site. Anything transmitted to the Site by you becomes Patria’s property and may be used by us for any lawful purpose. Patria reserves all rights with respect to copyright and trademark ownership of all material on the Site, and will enforce such rights to the full extent of the law. All trademarks and logos displayed on this website are the property of their respective owners, who may or may not be affiliated with our organization.

No Offers or Reliance

The information on this website is provided for informational purposes only. No Content or other material on the Site shall be used or considered as an offer to sell or a solicitation of any offer to buy the securities or services. Offers can only be made where lawful under, and in compliance with, applicable law.

Patria makes no representations that transactions, products or services discussed on the Site are available or appropriate for sale or use in all jurisdictions or by all investors. Those who access the Site do so at their own initiative and are responsible for compliance with local laws or regulations.

While Patria uses reasonable efforts to obtain information from reliable sources, Patria makes no representations or warranties as to the accuracy, reliability or completeness of any information or document at the Site obtained outside of Patria. Certain information on the Site may contain forward-looking statements, which reflect our views with respect to, among other things, our operations and financial performance. Such forward-looking statements are subject to various risks and uncertainties and speak only as of the date on which they are made. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from this indicated in these statements. You can identify these forward-looking statements by the use of words such as “outlook,” “indicator,” "believe," "expect," “potential,” “continue,” “may,” “should,” “seek,” “approximately,” “predict,” "anticipate," "optimistic," "intend," “plan,” “estimate,” "aim," "will" or the negative version of these words or similar expressions. Patria undertakes no obligation to update publicly or revise any information on the Site, whether as a result of new information, future developments or otherwise. Opinions and any other Contents at the Site are subject to change without notice.

Patria is not utilizing the Site to provide investment or other advice, and no information or material at the Site is to be deemed a recommendation to buy or sell any securities or is to be relied upon for the purpose of making or communicating investment or other decisions. In addition, no information, Content or other materials contained on the Site should be construed or relied upon as investment, legal, accounting, tax or other professional advice or in connection with any offer or sale of securities. Any transactions listed on the Site are included as representative transactions and are not necessarily reflective of overall performance.

Patria does not advise on the tax consequences of any investment.

Past Performance

Past performance is not indicative of future results; no representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.

Limitation on Liability

We are not responsible for any damages or injury, including but not limited to special or consequential damages, that result from your use of (or inability to use) this website, including any damages or injury caused by any failure of performance, error, omission, interruption, defect, delay in operation, computer virus, line failure, or other computer malfunction. You acknowledge that we provide the contents of this website on an “as is” basis with no warranties of any kind. Your use of this website and use or reliance upon any of the materials on it is solely at your own risk.

Any Content downloaded or otherwise obtained through the Site is done at your own discretion and risk and you are solely responsible for any damage to your computer or other electronic system or loss of data that results from the download of any such Content. The foregoing limitation of liability will apply in any action, whether in contract, tort or any other claim, even if an authorized representative of Patria has been advised of or should have knowledge of the possibility of such damages.

Third Party Content

References on this Site to any names, marks, products or services of third parties, or hypertext links to third party sites or information or Content provided by third parties, are provided solely as a convenience to you and do not in any way constitute or imply our endorsement, sponsorship or recommendation of the third party, its information, materials or services.

Termination of Use

These Terms and Conditions are effective unless and until terminated by either you or Patria. You may terminate these Terms and Conditions at any time, provided that you discontinue any further use of the Site. We also may terminate these Terms and Conditions, in our sole discretion, at any time and may do so immediately without notice, and accordingly deny you access to the Site. Upon any termination of these Terms and Conditions by either you or us, you must promptly destroy all materials downloaded or otherwise obtained from the Site, as well as all copies of such materials, whether made under these Terms and Conditions or otherwise.

Indemnification

As a condition of your use of the Site, you agree to indemnify and hold Patria and its Associates harmless from and against any and all claims, losses, liability, costs and expenses (including, but not limited, to attorney’s fees), as incurred, arising from your use of the Site or related services or from your violation of these Terms and Conditions.

Representations and Warranties

You represent and warrant that: (i) you have full authority and all rights necessary to enter into and fully perform all of your obligations pursuant to these Terms and Conditions; (ii) you have not and you will not enter into any agreement or perform any act which might contravene the purposes and/or effects of these Terms and Conditions; and (iii) you will not delete any Content.

Effect on Other Agreements

Nothing contained in these Terms and Conditions is intended to modify or amend any other written agreement you may have with Patria (including without limitation any customer agreement, participation agreement or account agreement) (collectively, “Other Agreements”), if any, that may currently be in effect. In the event of any inconsistency between these Terms and Conditions and any Other Agreement, the Other Agreement will govern.

Governing Law

You agree that your use of this website, this Privacy Policy and User Agreement and any disputes relating to any of them shall be governed to the extent permitted by the applicable law.