SCHEDULE 13G: Endure Capital Management and Ryan Simes Disclose 5.1% Stake in Patria Investments Ltd
Beneficial Ownership Report
Endure Capital Management, LLC and Ryan Simes have disclosed beneficial ownership of 5.1% of Patria Investments Ltd's Class A common shares, primarily through Enduring Alpha Fund, LP.
Summary
- Endure Capital Management, LLC and Ryan Simes have filed a Schedule 13G, disclosing their beneficial ownership in Patria Investments Ltd.
- Ryan Simes, individually and through entities he controls, beneficially owns an aggregate of 3,163,826 Class A common shares of Patria Investments Ltd.
- This aggregate ownership represents 5.1% of the Issuer's Class A common shares outstanding.
- Endure Capital Management, LLC, as the investment manager of Enduring Alpha Fund, LP, beneficially owns 2,960,876 shares, representing 4.8% of the class.
- Ryan Simes directly owns 202,950 shares, which includes 98 shares held in his IRA accounts.
- The beneficial ownership is based on 61,887,584 Class A common shares outstanding as of January 27, 2025, as disclosed in Patria Investments Ltd's Prospectus Supplement filed on January 30, 2025.
- The filing certifies that the securities were not acquired or held for the purpose of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative performance indicators or forward-looking statements from the issuer.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional and individual stake provides transparency regarding the ownership structure and may influence investor perception of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 2025-01-27 | Date as of which 61,887,584 Class A common shares of Patria Investments Limited were outstanding, as disclosed in the Issuer's Prospectus Supplement. |
| 2025-01-30 | Date Patria Investments Limited filed its Prospectus Supplement with the U.S. Securities and Exchange Commission. |
| 2025-02-03 | Date of event which requires the filing of this statement. |
| 2025-02-10 | Date the Schedule 13G statement was signed and filed. |
Keywords
Patria Investments Ltd, Class A common shares, Schedule 13G, Beneficial Ownership, Endure Capital Management, Ryan Simes, Investment Adviser, Institutional Investor, SEC Filing, G69451105
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