Patria Investments to acquire the Brazilian real estate business of Credit Suisse for $130m.

Patria Investments, a global alternative asset manager, agreed to acquire the Brazilian real estate business of Credit Suisse, a global investment bank and financial services firm, for $130m. "This latest acquisition for our real estate business is a continuation of the M&A strategy we have conveyed since our IPO, and further exemplifies Patria’s capability as a consolidator of high-performing asset managers in Latin America. Upon execution of the various approval stages of this transaction, we would add additional permanent capital AUM, and continue to grow the real estate asset class as a key component of our diversified investment platform," Alex Saigh, Patria CEO.