Credit Suisse sells REIT business in Brazil to Patria for around $130 mln
Credit Suisse said on Wednesday it reached a deal to sell its real estate fund management business in Brazil to asset manager Patria Investments for up to 650 million reais (around $130 million)
Patria gets multilateral support for new infrastructure fund
Brazilian investment firm Pátria Investimentos has raised 20% of a new BRL5 billion ($1 billion) infrastructure fund with contributions from development banks, pension funds and multilateral lenders.
MACROECONOMIC ONE PAGER
A few intriguing long-term trends
The countdown to the beginning of the cycle of monetary easing in advanced economies, starting with the U.S., continues. Downbeat economic data or signs of lower consumer inflation improve market sentiment and investors place bets on more ambitious rate cuts happening earlier in the year, whereas reports in the opposite direction undermine asset prices.
Our business
A wide range of sophisticated solutions. Explore our various areas of expertise
Patria Investments is a leader in alternative asset management in Latin America
With over 35 years of renowned history, a global presence, and a unique analytical approach.