# Patria Capital Partners LLP

> Patria Capital Partners LLP is an SEC-registered investment advisory firm in Edinburgh, United Kingdom, registered since 2007, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 12, 2026.

- CRD: 144651
- Filed as: PATRIA CAPITAL PARTNERS LLP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Edinburgh, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: May 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/144651
- AdvisorCensus page: https://advisorcensus.com/firm/patria-capital-partners-llp-edinburgh-144651

## Quick answers

**How is Patria Capital Partners LLP compensated?**
On its Form ADV (Item 5.E, October 2026), Patria Capital Partners LLP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Patria Capital Partners LLP located?**
Patria Capital Partners LLP's principal office is in Edinburgh, United Kingdom, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Patria Capital Partners LLP registered with the SEC or a state?**
Patria Capital Partners LLP is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 144651.

**How much does Patria Capital Partners LLP manage?**
Patria Capital Partners LLP reports $3,292,135,865 in regulatory assets under management in its Form ADV filing dated May 12, 2026 (91% discretionary).

**How have Patria Capital Partners LLP's assets and staff changed since 2021?**
In the Form ADV data for Patria Capital Partners LLP: Regulatory assets under management: $6,734,702,385 in the October 2021 data and $3,292,135,865 in the October 2026 data, down 51%. Total employees: 122 in October 2021 and 75 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Patria Capital Partners LLP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (27).

**Does Patria Capital Partners LLP report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/144651

**What changed in Patria Capital Partners LLP's recent Form ADV filings?**
In the April 2026 filing data: Changed its office addresses in London. Added an office in New York, NY. No longer lists an office in Boston, MA. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $3,292,135,865
- Discretionary: $3,000,832,729
- Non-discretionary: $291,303,136

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 27 | $3,292,135,865 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2007 (18 years)
- Employees: 75 total, 25 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- London
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- patria.com
- patriaprivateequitytrust.com
- Facebook @PATRIAINVESTMENTS
- LinkedIn @patria-investments
- LinkedIn @patria-private-equity-trust-plc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,734,702,385 | 122 | August 31, 2021 |
| October 2022 | $6,779,800,876 | 96 | August 16, 2022 |
| October 2023 | $5,829,149,278 | 57 | March 27, 2023 |
| October 2024 | $3,912,256,965 | 55 | September 27, 2024 |
| October 2025 | $3,190,832,362 | 70 | March 28, 2025 |
| October 2026 | $3,292,135,865 | 75 | May 12, 2026 |

Regulatory assets under management: $6,734,702,385 in the October 2021 data and $3,292,135,865 in the October 2026 data, down 51%.
Total employees: 122 in October 2021 and 75 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Changed its office addresses in London.
- Added an office in New York, NY.
- No longer lists an office in Boston, MA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Patria Capital Partners LLP (CRD 144651): Form ADV filing data as of October 2026.