Patria Investments Ltd. has announced the acquisition of Vectis Gestao, a Brazilian asset management firm specializing in the real estate and agrobusiness sectors. This strategic move adds approximately US$291 million in assets under management to Patria's Real Estate Brazil business, enhancing its presence in the Real Estate Credit fund market. With this acquisition, Patria expands its portfolio to include two new funds: VCJR11, focusing on Real Estate Receivables Certificates and other financial assets in the sector; and VCRR11, targeting the short-term residential rental market. Rodrigo Abbud, Partner and Head of Real Estate Brazil at Patria, emphasized that this acquisition marks another step in the company's ongoing expansion strategy, reinforcing its position as a leading and diversified asset manager in the market.
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