Page 11 - முதலீடுகள் வரையறுக்கப்பட்டவை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: GRAND CAYMAN, Cayman Islands, July 15, 2021 (GLOBE NEWSWIRE) Patria Investments Limited, or Patria (PAX: NASDAQ), through its affiliated investment funds, announces the completion of the initial public offering of portfolio company SmartFit. The company priced shares at R$23 and began trading on the Brazilian B3 Stock Exchange on July 14 th, 2021 under the ticker SMFT3. The listing raised at least R$2.3 billion in a 100% primary offering, with the potential for upsizing through an over-allotment option. SmartFit is the first publicly listed fitness club operator in Latin America and the 5 th largest Brazilian IPO in 2021. Patria s current stake in SmartFit is held in its fifth private equity fund, as well as related co-investment vehicles. Private Equity Fund V is a 2015 vintage fund with $1.8 billion in commitments and 9 portfolio company investments. With a Gross MOIC of 2.3x and Net IRR of 32% in U.S. dollars as of March 31, 2021, the fund is performing in the top

United statesGrand caymanCayman islandsExchange commissionPatria investmentsEquity fundSecurities exchangeStock exchange onInvestments limitedLatin americaPrivate equityReal estateSecurities actSecurities exchange actUnited states securitiesஒன்றுபட்டது மாநிலங்களில்