Patria Investments to acquire Moneda Asset Management for $315m.

Patria Investments, a global alternative asset manager, agreed to acquire Moneda Asset Management, an asset manager headquartered in Chile, for $315m. "Our leadership is excited about the merger of the two companies. We are quickly delivering the expansion strategy we presented during our initial public offering earlier this year. This transaction will be cumulative over first year earnings per share," Alexandre Saigh, Pátria CEO.