Deadline Disclosures on Wall Street Finance and Investing

Deadline Disclosures on Wall Street Finance and Investing

Patria Sells Overdue Management Fees Owed by its Own Fund

Banco Santander buys Patria receivables at an 11% discount to face value

Miles Weiss's avatar
Miles Weiss
Nov 06, 2025
∙ Paid

Patria Investments Ltd., having waited years to collect management fees from one of its worst-performing private equity funds, decided to unload the overdue payments instead.

The firm, ranked among Latin America’s largest asset managers, sold about $66 million of outstanding management fees to Banco Santander earlier this year at an 11% discount to face …

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