Torre Amadeus - Entrada Sur - Carrera 11 # 84ª-09 - Oficina 904 Bogotá - Colombia
+57 1 390 2127

Cayman Islands

18 Forum Lane - Camana Bay, 3rd floor - PO Box 1111 - Grand Cayman, Cayman Islands - KY1 1102
+1 345 640 4900


Patria Investments UK Limited is regulated by the DFSA as a branch - The Gate Building, Unit 58, Level 15 - P.O. Box 121208 - Dubai, UAE
+971 44019814
+971 505071310

Hong Kong

Suite 2017, 20/F, One International Finance Centre 1 Harbour View Street, Central, Hong Kong
+852 3651 7749


20 Balderton Street, Mayfair - London - W1K 6TL, UK - t +44 20 3530 6600
t +44 20 3530 6600

New York

601 Lexington Avenue, 55th floor - New York, NY - 10022 -


Av. Isidora Goyenechea 3621 - Piso 8 - Las Condes - Santiago - Chile
+562 2938 9450

São Paulo

Avenida Cidade Jardim, 803 - 9th Floor - São Paulo, Brazil - 01453 000
+55 (11) 3039-9000


Zonamerica Business & Technology Park, Ruta 8 - KM 17.500, Ed. Celebra, Oficinas 402, Montevideo, Uruguay - +598 2518 7850 -

Through our investments we seek to transform industries and untangle bottlenecks, generating attractive returns for our investors, while creating sustaintable value for our society.

Our Timeline

From our earliest days, Patria Investments has been a trailblazer in Latin America´s investment markets, with a track record of expanding investor´s opportunities, advancing clients initiatives and supporting economic growth.


Patria is the manager of investment funds that invest in the Portfolio companies described in this site. Patria is not the owner or shareholder of the Portfolio companies.



Leading Brazilian gourmet coffee company, with operations in retail, foodservice and vending machines in offices



Frooty is one of the largest global companies focused on Açai, the Brazilian Superfruit



Agrichem is a leading fertilizer company
that provides plant nutrition in the form
of liquid fertilizers to a variety of crops.



Alliar is one of the largest players in the imaging diagnostic industry in Brazil


REAL ESTATE Alphaville

Founded in 1973, Alphaville is a leader in the gated-community segment in Brazil

Américas Corporate


REAL ESTATE Américas Corporate

Acquisition of a class A corporate building in Rio de Janeiro



Anhanguera is the largest private for-profit education institutions in Brazil

Av. Brasil Land Site


REAL ESTATE Av. Brasil Land Site

Acquisition of a land site strategically
located in an important industrial
region of Rio de Janeiro



The largest fitness club operator in Latin America and the fifth in the world in comparative units



Leading company focused on the growing senior living and post-acute care segment in Brazil

Call Center



Acquisition of a call center in São Paulo

Call Center



Acquisition and retrofit of a call center in São Paulo

Cidade Nova Land Site


REAL ESTATE Cidade Nova Land Site

Acquisition of a land site located
in a recently revamped region in
Rio de Janeiro, to be developed
into a prime corporate building

Cold Storage Ribeirão das Neves


REAL ESTATE Cold Storage Ribeirão das Neves

Acquisition of a high standard cold storage facility strategically
located in region with wide supply/demand gap




One of the largest building systems companies for non-residential projects in Latin America



DASA is the largest publicly-held clinical analysis and diagnostics imaging company in Latin America and one of the largest worldwide, offering a comprehensive portfolio of clinical analysis and diagnostics imaging tests.



Delly’s is a foodservices distribution company , focused on medium and small operators, providing high quality service and broad product assortment

Distribution Center


REAL ESTATE Distribution Center

BTS of a distribution center for a leading multinational personal care company

Distribution Center


REAL ESTATE Distribution Center

BTS of a distribution center
for leading Brazilian retailer

Distribution Center


REAL ESTATE Distribution Center

BTS of a distribution center for
multinational packaging company

Educational Campus


REAL ESTATE Educational Campus

BTS of an education campus for
leading Brazilian business school

Educational Campus


REAL ESTATE Educational Campus

Acquisition of an educational campus leased to one of the largest Brazilian educational institutions



A trusted partner of choice across the value chain of the Specialty Pharma & Medical markets

Embu Land Site


REAL ESTATE Embu Land Site

Acquisition of a land site strategically
located in a prime region of São Paulo,
3 miles from the city's ring road



Largest eyecare clinic chain in Latin America offering a full range of ophthalmic treatments and procedures



PRIVATE EQUITY Farmácias Independente

Regional leader in the drugstore sector in Brazil’s Northeast region focused on lower-and-middle-income consumers



Oil and Gas Logisctics


INFRASTRUCTURE Hidrovias do Brasil 2010

Waterway Logisctics



Wireless Infrastructure



Land site strategically located
in one of the main industrial poles,
between Rio de Janeiro and São Paulo



Strategic acquisition of land site
at opportune cost adjacent to
Itatiaia I, with significant synergies



Junior is a leading company in the food ingredients industry in Brazil, providing sauces, seasoning, condiments and dessert toppings to the food service industry (fast-food chains, hotels, restaurants, catering services, and industrial food courts).



Leading self-storage owner and operator in Brazil

Lagoa Corporate


REAL ESTATE Lagoa Corporate

Acquisition and retrofit of a corporate building in a strategic region in Rio de Janeiro



Renewable Energy

Light Industrial Plant


REAL ESTATE Light Industrial Plant

BTS of an industrial/logistics center
for leading Brazilian steelmaker

Light Industrial Plant


REAL ESTATE Light Industrial Plant

BTS of a light industrial plant for a multinational painting and coating company

Light Industrial Plant


REAL ESTATE Light Industrial Plant

Acquisition of a property leased to a leading multinational pharmaceutical company

Light Industrial Plant


REAL ESTATE Light Industrial Plant

2nd BTS of an industrial/logistics
center for leading Brazilian steelmaker

Light Industrial Plant


REAL ESTATE Light Industrial Plant

Acquisition of a logistics condominium leased to two leading multinational companies in the automotive and engineering appliances segments



Unidas is one of the largest car rental companies in Brazil.



Leading Brazilian player in the medical device segment with one of the best orthopedic research centers in Latin America and a state-of-the-art industrial plant



Natulab is a pharmaceutical company focused
on branded generics, "over the counter"
(OTC) products, vitamins and supplements.



Water and Wastewater Treatment



Data Center Infrastructure and Colocation Services


INFRASTRUCTURE Pare Bem Estacionamentos 2015

Urban parking

Península Corporate


REAL ESTATE Península Corporate

Acquisition of a class A corporate building in Rio de Janeiro

Sabará Hospital


REAL ESTATE Sabará Hospital

Acquisition and retrofit of a hospital in downtown São Paulo

São Bento Corporate


REAL ESTATE São Bento Corporate

Acquisition of a class A corporate building in Rio de Janeiro

Corporate Headquarters


REAL ESTATE Corporate Headquarters

Sale and leaseback of a corporate building leased to one of the largest multinational chemicals company



Super Frio is a leading temperature-controlled
logistics services provider in the state of São Paulo



Supplier is a fintech leader in business-to-business credit focused on private label products supported by technology and innovation.



Temporary Power Solutions



Tenco Shopping Centers is a specialist in the development, management, commercialization and administration of shopping malls



Creation of a platform to invest in
the power transmission sector in Brazil



Veloce is one of the leading companies dedicated to providing logistics and supply chain solutions in Brazil and Argentina.

Visconde de Inhaúma Corporate


REAL ESTATE Visconde de Inhaúma Corporate

Acquisition of a class A corporate building in Rio de Janeiro



Broadband Infrastructure



Zatix Tecnologia is one of the leading telematics
olutions providers in Brazil, offering services
in Fleet Management 
and Stolen Vehicle
Recovery in the B2B market


Patria is distinguished by its team’s stability and experience. The firm has 23 partners — 13 of whom have been working together for over 15 years — and more than 150  employees. The founding partners have substantial experience in both domestic and international financial markets, including partnerships with leading global investment and financial advisory firms. Our team has the technical and strategic expertise to identify the best investment opportunities and seek to deliver the highest returns to our investors.

Alexandre Coutinho  is our Chief Investment Officer and Senior Portfolio Manager for the Credit Business unit. Mr. Coutinho is primarily responsible for managing the Credit Business Unit at Patria. Mr. Coutinho  was responsible for raising a R$1.2bi closed-ended credit fund in 2017 and 2018 with household investors such as the IFC, IDB, BNDES, a major Middle Eastern pension fund and relevant Brazilian pension funds. Before joining Patria in 2016, Mr. Coutinho was an MD at Credit Suisse Brazil with the role of credit portfolio manager and COO of its Asset Management branch. Previously, he was a credit Portfolio Manager at Gávea Crédito, a subsidiary of JP Morgan. Mr. Coutinho also had other professional experiences at Deutsche Bank, Spinnaker Capital, Morgan Stanley and Merrill Lynch. Mr. Coutinho holds a degree in Engineering from Instituto Tecnológico de Aeronáutica and has an MBA from Columbia University.

Alexandre Saigh is Patria’s Chief Executive Officer and a member of its Board of Directors. Mr. Saigh is Patria’s co-founder and was responsible for the Private Equity division, overseeing it since inception to become Latin America’s leader. During these years he also acted as Chairman, CEO and CFO of several Portfolio Companies. Patria is the leading Alternative Asset Manager focused on Latin America, with 35 years of history. The firm’s diversified portfolio covers Private Equity, Infrastructure, Credit, Public Equities and Real Estate, with $27.3 billion AuM (as of March 31st, 2023). Patria aims to transform industries generating attractive returns for investors, while creating positive impact for society. The firm is listed at Nasdaq since 2021 (NASDAQ: PAX).

Prior to founding Patria, Mr. Saigh worked at J.P. Morgan Investment Bank and was the Managing Partner of Banco Patrimônio, responsible for its Private Equity division.

Mr. Saigh holds a bachelor’s degree in Financial Management and Hotel Administration from Boston University, a Post-Graduate Certificate of Special Studies in Administration and Management from Harvard University and is registered and authorized by the British Financial Conduct Authority (FCA).

  • Ana Paula Santos is a Partner and Head of  Human Resources. Ms. Santos primarily responsibilities include supervising all HR teams and activities and to support the diversification, expansion and globalization of the firm businesses. Before taking over as Managing Director and Head of HR, Ms. Santos served as the Head of HR for the Private Equity business unit. Prior to joining Patria in 2020, Ms. Santos  has acquired extensive experience in strategic management at Human Resources and have been a part of multinational companies from different market sectors such as:  Coca-Cola, Schering-Plough; Abbott, Marfrig; Carrefour, Telefônica and, most recently, Walmart Brazil. In addition to her wide practice in the Brazilian market, Ms. Santos has also worked in the US and in France. Ms. Santos is a board member of Elfa Medicamentos and member of the People Committee from Hospital Oswaldo Cruz. Ms. Santos was a counselor member for VisaoPrev and Enactus Brazil. Ms. Santos holds a bachelor’s degree in psychology from UFRJ and a post-graduation in Human Resources from PUC. She also has a specialization course from Stanford and an executive MBA from Coppead (UFRJ).

Ms. Ana Russo is a seasoned finance and business executive with significant global experience. She has broad finance expertise, having managed a full range of finance functions throughout her career, as a department head and Brazil CFO (for Philip Morris International and earlier in her career with Remy Cointreau and Unilever) and Central America & Caribbean and Latin America & Canada CFO (for Philip Morris International), as well as Chief Auditor for the same company. She also has developed a deep connection with business processes, acting as a Business Partner to division leaders and GMs, and also managing a full P&L as GM of Central America & Caribbean. Ms. Russo also has a meaningful experience dealing with distribution processes, government relations, and mergers and acquisitions.

Originally from São Paulo, she has also lived in Switzerland, USA, and Costa Rica. Ana Russo holds a bachelor and post-graduate degree in business administration from FGV, and Leadership Program certification thru International Institute for Management Development.

André Penalva is a Managing Partner and Head of Sales & Distribution Latam. Mr. Penalva’s primary responsibility is to lead the Sales and Investor Relations of the firm, focusing on institutional investors globally. Member of Patria's Management Committee, Mr. Penalva joined Patria in 1994 and became a Partner at Patria in 2005. Before joining Patria, Mr. Penalva worked in the private banking division of JPMorgan and coordinated the corporate sales and derivatives desk at Chase Manhattan Bank. Mr. Penalva also worked at Banco Patrimônio as a fixed-income trader, heading the bank's offshore activities and the relationship with Salomon Brothers in emerging markets fixed-income investments. Mr. Penalva has a Bachelor's Degree in Mechanical Engineering from Escola Politécnica da Universidade de São Paulo (USP).

Andre Sales is a Managing Partner & Chief Executive Officer and Chief Investment Officer of Patria’s Infrastructure division. Mr. Sales is primarily responsible for leading the Infrastructure business unit of Patria, conducting infrastructure investment strategies in Latam. Before taking over as CEO and CIO for the Infrastructure business unit, Mr. Sales worked on numerous investments of Patria Infrastructure Funds I, II and III. Mr. Sales also served as a Director at Patria’s M&A Advisory division, and co-CEO of ERSA (Patria’s Infrastructure Fund I), a company that later became CPFL Renewables. Prior to joining Patria, Mr. Sales was a Senior Manager in the energy arm of Vale, and a Senior Associate in the Infrastructure department of the BNDES – Brazilian National Development Bank. Mr. Sales was co-founder of an internet community and market place, sold to Bradesco in 2000. Mr. Sales also worked for 4 years at J.P. Morgan in São Paulo and New York in the M&A and Corporate Finance division. Mr. Sales holds a bachelor’s degree in Production Engineering from Escola Politécnica da Universidade de São Paulo (USP).

Antonio Wever is a Partner & Chief Investment Officer of the Real Estate business unit. Mr. Wever is primarily responsible for managing a portfolio of companies and for new business efforts in the Real Estate business unit. Prior to taking over as CIO of the Real Estate business unit, Mr. Wever was responsible for the Agribusiness area, and before that, the M&A Advisory business, joining the firm in 2007. Mr. Wever has extensive experience in investment banking and investment management in Brazil and overseas. He held, during the course of his career, various positions with Booz Allen, Salomon Brothers, JP Morgan and Unibanco before working as the Chief Investment Officer for a private wealth family office. Mr Wever holds a bachelor’s degree in Production Engineering from the Polytechnic School of the Universidade de São Paulo (USP) and an MBA from the IMD in Lausanne, Switzerland.

Daniel Sorrentino is a Managing Partner & Brazil’s Country Manager. Mr. Sorrentino is primarily responsible for managing the Brazilian office, BRL denominated products and strategies. Mr. Sorrentino was the Chief of Portfolio Management of the PE Group since 2017. Within that position he was responsible for the Management and Transformation Team which included the Operating Partners Group and the value creation team. In that position he was responsible for overseeing 22 companies of our PE portfolio with total Revenues above USD 3billion and over 30,000 employees. Mr. Sorrentino has also worked in several investments and acquisitions in our Private Equity group since 2009. He had a leadership role on PE portfolio companies, including Chairman of Alliar since 2011 and Bioritmo/ SmartFit since 2010. Mr. Sorrentino joined Patria in 2001 and became a partner in 2009. From 2003 to 2007, Mr. Sorrentino worked at Anhanguera Educacional leading the M&A team. Prior to that, Mr. Sorrentino worked at DASA in the M&A initiative and for Fotoptica as a business analyst. Mr. Sorrentino holds a bachelor’s degree in Business Administration from Fundação Getulio Vargas (FGV).

Diego Chona is a Partner and Investment Leader at Patria Investments. Located in the Colombia Office, he currently leads Private Equity's Fund VI investment in Zentria. Mr. Chona has also been in charge of investments for Lavoro Colombia, where he serves as board member. Prior to joining Patria in 2016, Mr. Chona was the General Manager at IQ Outsourcing and worked in M&A at the Sanford Group. He holds a bachelor’s degree in Industrial Engineering from Texas A&M University and an MBA from the Massachusetts Institute of Technology.

Felipe Pinto is a Partner & Head of Infrastructure Brazil. He is primarily responsible for managing funds and investments in infrastructure business unit as well as new investments in Brazil. Mr. Pinto also holds board member positions at Odata, Entrevias, Vogel and Winity.  Before joining Patria, Mr. Pinto spent three years at Cargill. There, he was responsible for business development at Cargill in South America. While in this position he designed and executed Cargill’s entry strategy in the corn milling business in Argentina. Later, Mr. Pinto became a senior line executive, where he was primarily responsible for one of Cargill´s businesses in Brazil. Prior to Cargill, Mr. Pinto worked at Bain & Company in the São Paulo and Johannesburg offices. Mr. Pinto advised leading local and multinational companies in connection with the design of growth strategies, business unit strategies, cost reduction and turnaround programs. Mr. Pinto earned a B.A. in Business Administration from Fundação Getulio Vargas (FGV), a Certificate of Special Studies in Management from Harvard University and an M.B.A. from Insead Business School in France.

Fernanda Garrelhas is a Patria Partner. Ms. Garrelhas is primarily responsible for the M&A projects for Patria’s invested companies. Before that, Ms. Garrelhas worked in new business developments, focused on investing Fund V between 2015 and 2017, and from 2012 to 2014, Ms. Garrelhas was the Chief Financial Officer of Junior Alimentos. Previously, she was part of the private equity new business team. Ms. Garrelhas also worked as a financial manager and controller of Veloce and as a member of the M&A team of Anhanguera Educacional.  Additionally, Ms. Garrelhas worked at Anhembi Morumbi as a business analyst. Prior to joining Patria, Ms. Garrelhas worked at Banco Santander’s asset management division, as an analyst. Fernanda holds a Bachelor’s Degree in Production Engineering from both Universidade de São Paulo (USP) and École Centrale de Lyon.

Flavio Uchoa Teles de Menezes is a Partner & Chief Investment Officer for Constructivist Equity Fund (CEF). Mr. Menezes is primarily responsible for the supervision of the Constructivist Equity Fund. Before taking over as CIO for Constructivist Equity Fund, Mr. Menezes served as one of Patria’s officers since 2012 in the Public Equities business unit. Mr. Menezes was the founder and investment officer of Mainstay Asset Management, an investment management boutique, from 2007 to 2012. Before that, he was partner and Chief Investment Officer at GPS – Global Portfolio Strategists, a leading investment advisory company, from 2001 to 2006. He started his career at Banco Patrimônio in 1991 as an equity research analyst and portfolio manager, becoming a partner in 1996. He was also a Vice President and co-head of equity asset management for Chase Manhattan Bank in Brazil. Mr. Menezes also serves at the Boards of Directors of Tenda, a listed Brazilian homebuilder, where he leads the Audit and Finance Committee, CVC Corp., Latin America´s leading travel services company and at the Fiscal Board of Unidas, Brazil´s second largest mobility company. Mr. Menezes holds a BA in Business Administration from Fundação Getulio Vargas and an MBA with a concentration in Finance and Accounting from the University of Chicago's Booth School of Business.

Gil Karsten is a Partner & Private Equity Divestment Latam. Mr. Karsten is primarily responsible for the Divestment process of all the Private Equity portfolio companies. In addition, Mr. Karsten is also a board member of the current portfolio companies of the Food & Beverages vertical: Delly´s, Superfrio, Frooty and Gran Coffee. Prior to this, Mr. Karsten managed a portfolio of companies in the same Food & Beverages vertical and worked on new business efforts in Patria’s Private Equity. In the beginning of his carrrer at Patria, Mr. Karsten acted as Chief Operating Officer at LFG, a business unit of Anhanguera. Before joining Patria in 2008, Mr. Karsten worked for 5 years as Chief Operating Officer of a leading Brazilian retail company and as Export Director of a large Consumer Goods company. Mr. Karsten worked for more than 8 years in investment banking, at JPMorgan in New York and São Paulo and at Banco Patrimônio. Mr. Karsten holds a bachelor’s degree in Business Administration from Fundação Getulio Vargas (FGV) and a MBA from the University of Chicago Graduate School of Business.

José Augusto Teixeira is a Partner and current Head of Marketing and Products for Patria. Mr. Teixeira is primarily responsible for product development and marketing globally and also for its distribution in Brazil. Before taking over as Head of Marketing and Products, Mr. Teixeira served as the Head of Marketing and Investor Relations for Private Equity products between 2013 and 2020. From 2005 to 2013, Mr. Teixeira held various senior positions at Anhanguera  Educacional, Patria’s flagship investment in the Post-secondary Education sector, where he served as Chief Financial Officer between 2011 and 2013; Investor Relations Officer between 2007 and 2013; Strategic, Commercial and Financial Planning Director (2007-2011) and Financial Planning Manager between 2005 and 2007. Prior to joining Patria in 2004, Mr. Teixeira worked with the Latin American Research Sales team at Goldman Sachs in New York. Mr. Teixeira holds a Bachelor’s Degree in Political Science and Economics from Amherst College.

Mr. Mestres is a partner at Patria, responsible for investments in LatAm (ex-Brazil).  Mr. Mestres joined Patria in 2013, having worked in the Infrastructure and Advisory teams. Previously, Mr. Mestres was a Managing Director in the Advisory team at Blackstone in London, which he joined in 2008. Additionally, Mr. Mestres worked for CapitalSource Europe, investing in Mezzanine Debt for Leveraged Buy-Outs. Prior to that, he worked for ten years in the investment banking department at Merrill Lynch in London and Buenos Aires.  Mr. Mestres holds a Bachelor in Business Administration and an MBA from ESADE in Barcelona.

Luis Felipe Cruz is Partner & Head of Private Equity Brazil New Investments. Mr. Cruz primarily responsibility is to manage and supervise the new investments activities in the Private Equity business unit in Brazil. Mr. Cruz joined Patria in 2010 and became a partner in 2019. Since joining Patria in 2010, Mr. Cruz has been involved in several investments across different industries. He started as a member of Anhanguera’s M&A team, then becoming Business Development Director of Microlins until its divestment in 2010. Since then, he has led the Private Equity Investment team in over 80 deals.  Additionally, he has served as board member of various portfolio companies, including Alliar and Alper Seguros. Luis Felipe Cruz holds a bachelor’s degree in Business Administration from Fundação Getulio Vargas (FGV).

Luis Fernando Eleutério Lopes is Partner & Chief Economist. Mr. Lopes is primarily responsible for supporting the firm’s diversified investment activities in Latin America. Mr. Lopes joined the group in 1996, when he held the same position at Banco Patrimônio, the predecessor of Patria. From 1997 to 2003, Mr. Lopes was the Chief Economist and Strategist for Brazil at JP Morgan Chase, Chase Securities and Salomon Brothers. From 1990 to 1996, before working in the financial markets, Mr. Lopes was the Chief Economist and a Partner at MCM Consultores Associados and Tendências Consultoria Integrada, Brazil’s most prominent economic consultancy firms. Mr. Lopes holds a bachelor’s in economics Summa Cum Laude and a master’s degree in Economics Magna Cum Laude from the College of Economics and Business Administration of the Universidade de São Paulo. He is an authorized investment adviser by the Brazilian Security & Exchange Commission (CVM) and by the British Financial Conduct Authority (FCA).

Marcelo Fedak is a Partner & Chief Executive Officer and Chief Investment Officer of Patria’s Real Estate division. Mr. Fedak is primarily responsible for leading the Real Estate business unit of Patria, conducting Real Estate investment strategies in Latam. Before joining Patria he was the Founder and Managing Partner of BlueMacaw, a spin-off of Blackstone's Real Estate operations in Latin America. Earlier, Mr Fedak had opened the office and ran Blackstone's Real Estate activities in Latam from 2015 until 2019 overseeing a portfolio of more than US$1 billion. Before that, Mr. Fedak was at BTG Pactual where he was a Partner and Head of Real Estate, overseeing over US$3 billion of assets under management across Latin America. Prior to that, from 2005 to 2009, Mr. Fedak worked at Goldman Sachs, Credit Suisse and Bain and was involved in over US$30 billion of various M&A and capital market transactions across multiple industries. Mr. Fedak received a BA in business from FGV - Escola de Administracao de Empresas de São Paulo.

Marcelo Souza is a Partner & Head of Infrastructure Energy Strategy in Brazil. Mr. Souza is primarily responsible for supervising the investments in the energy sector in the Infrastructure business unit. Within Patria Investimentos Mr. Souza served as CEO of Argo Energia, CFO of CBO Group and CFO of CPFL Renewables. Mr. Souza is the current Chairman of the Board of Essentia Energia and Arke Energia, and a Board Member at Hidrovias and CBO Group. Prior to joining Patria, Mr. Souza served as Vice President of Business Development at Econergy, CFO at Alliant Energy Brasil and several leadership positions at PricewaterhouseCoopers. Mr. Souza holds a bachelor’s degree in Economy from Pontifícia Universidade Católica (PUC-MG), post-graduation degree in Management and Corporate Finance from Fundação Getulio Vargas (FGV) and an MBA from Ohio University.

Since 2016 Marcelo Spinardi’s responsibilities include leading the treasury, accounting, FP&A (financial planning & analysis) and funds administration teams. Additionally, it includes leading the Financial Committee and participating in Management Committee, when discussing financial matters. This position reports to Patria’s COO. From 2012 to 2016 worked at Capitale Energia, one of the largest power trading companies in Brazil, been nominated by Patria. His role’s responsibilities included the management of the risk, products, finance and back office divisions. Additionally, it included the development of the trading and position managerial system (SQL Server + VB.Net). This position reported directly to Infrastructure and Capital Management CIO’s. Started his career at Patria in 2005, been a portfolio manager responsible for arbitrage trading strategies, regarding equities and future derivatives. Additionally, it included the development of an automatized trading tool, responsible for executing orders directly into the exchanges (BMF, Bovespa and NYSE). This position reported directly to one of Patria’s Partner. Mr. Spinardi holds a Bachelor's Degree in Mechanical Engineering from Escola Politécnica da Universidade de São Paulo (USP) and a Master's Degree in Finance and Economics from Insper.

Marco Nicola D’Ippolito, Managing Partner & Chief Corporate Development Officer. Mr. D’Ippolito is a member of the Management Committee and is primarily responsible for Corporate Development & Shareholders Relations. Before taking over as CDO, Mr. D`Ippolito served Patria as CFO/COO for 7 years – overseeing finance, operations, shareholders relations, fund administration, legal, compliance, technology and governance. Before that, Mr. D`Ippolito worked for Patria’s Private Equity division for 13 years, being responsible for different successful investments in the technology, logistics, healthcare, agribusiness and food industries. Mr. D’Ippolito was also responsible for fundraising efforts within the Patria Private Equity business. In addition, Mr. D’Ippolito was the Chairman of the Board and Board Member of different portfolio companies. Before joining Patria in 2005, Mr. D’Ippolito worked for a Latin American family office as private equity portfolio manager between 2002 and 2005. Prior to that, Mr. D’Ippolito participated on the start-up, development and sale of an IT private company in Brazil. Mr. D’Ippolito holds a bachelor’s degree in Economics from Fundação Armando Álvares Penteado (FAAP) and an MBA from Instituto Brasileiro de Mercado de Capitais (IBMEC).

Norberto Jannuzzi is a Partner & Head of Private Equity Healthcare Strategy Brazil. Mr. Jannuzzi is primarily responsible for managing funds and investments in the Private Equity business unit since 2011, responsible for several investments in funds IV, V and VI including Elfa, Natulab, Eve and Atrial. He was also CFO and CTO for Healthcare portfolio companies between 2012-2016. Norberto joined Patria in 2011 and became a partner in 2019. Prior to joining Patria, Mr. Jannuzzi was an investment lead at HAL Investments (Dutch Private Equity) based in its Latin America Office and was responsible for investments in the Healthcare and Retail market. Earlier in his career Mr. Jannuzzi was a Business Development head at Novo Nordisk Pharma (NVO) for Latin America between 2006 and 2009. Mr. Jannuzzi started his professional career as a management consultant at Accenture, focused on strategy projects and based in London and São Paulo between 2003 and 2006. Mr. Jannuzzi holds a bachelor’s degree with honors in Business Administration from the University of Bath/U.K. (1999-2003).

Olimpio Matarazzo Neto is one of our founding partners, Chairman of our Board of Directors, member of our Board of Directors since 2010 and Chairman of our executive-level Real Estate and Credit Investment and Divestment Committee. Mr. Matarazzo is also a Senior Managing Partner of Patria Investments Limited and an Executive Director of Patria Holdings Limited. He is responsible to set the strategy and oversee it execution, ensuring the organization meets compliance, risk and regulation standards. Throughout his career Mr. Matarazzo acted in different functions within Patria, being primarily responsible for the development of our Real Estate, Credit and Constructivist Equity strategies. Mr. Matarazzo was a founding partner of Patria in 2001 (successor of Banco Patrimônio), developing and leading the efforts to make Patria one of the leading private markets firms in Latin America. Mr. Matarazzo was also one of the founders of  Banco Patrimônio in 1988 and led its capital markets and proprietary desks, as well as the relationship with Salomon Brothers’ fixed income desk. After the sale of Patrimônio to Chase Manhattan in 1999, Mr. Matarazzo spent two years at Chase Manhattan where he was co-responsible for its proprietary and capital markets desks in Brazil. Prior to founding Patrimônio, Mr. Matarazzo worked at J.P. Morgan. Mr. Matarazzo holds a bachelor’s degree in Business Administration from Universidade de São Paulo (USP).

Otavio Castello Branco is a member of our Board of Directors since 2010 and Chairman of our executive-level Infrastructure Investment and Divestment Committee. Mr. Branco is also a Senior Managing Partner of Patria Investments Limited and an Executive Director of Patria Holdings Limited. He is responsible for institutional representation relationship with major infrastructure investors. Mr. Branco was responsible for the development of our Infrastructure Division. Mr. Branco joined Patria in 2003, initially as a Managing Partner responsible for the Advisory Group. Since 2006, Mr. Branco led Patria into the infrastructure sector, creating a leading Latin America manager in this asset class. Prior to his role at Patria, from 2001 to 2002, Mr. Branco was an Executive Managing Director at the BNDES – Banco Nacional do Desenvolvimento Econômico e Social – responsible for the Infrastructure and Energy Department. While at BNDES, Mr. Branco was also an executive member of the federal government Energy Crisis Committee (the federal committee created to manage the 2001 power shortage); a member of the board of directors of Vale do Rio Doce and a member of the board of directors of Eletrobrás. From 1995 to 2000, Mr. Branco led J.P. Morgan’s investment banking unit in Brazil, assuming the co-presidency of the Brazilian operations in 2000. From 1990 to 1995, Mr. Branco was the Chief Financial Officer and a member of the executive committee at Grupo Caemi (one of Brazil’s leading mining conglomerates). From 1983 to 1990, Mr. Branco worked at J.P. Morgan in Brazil as an investment banker. Mr. Branco holds a bachelor’s degree in Production Engineering from Escola Politécnica de São Paulo (USP).

Patryck Pimpao Merhy is a Patria Partner. Mr. Pimpao Merhy is primarily responsible for leading our franchise in Asia Pacific, including managing our senior relationships in the region, as well as delivering value creation opportunities between Patria’s broad portfolio of companies and our partners in the region. Mr. Pimpao Merhy is an active Board member at two of Patria’s invested companies on the Infrastructure area: Essentia Energia, one of the largest renewable energy platforms in Latin America, and Odata, a leading data center provider in Latin America. Before joining Patria in 2016, Mr. Pimpao Merhy spent over 18 years in the global financial services industry, holding senior leadership positions in Brazil, New York and Hong Kong at Bank of America Merril Lynch and more recently at Banco Santander. Mr. Pimpao Merhy holds a Bachelor’s degree in Business Administration from Fundação Getúlio Vargas and a Masters degree in Global Finance from NYU - Leonard N. Stern School of Business and HKUST.

  • Peter Estermann is a Partner and Chief Of Portfolio Management of Value Creation Business for Latam strategies. He is graduated in Agronomy Engineering from the Federal University of Lavras – Minas Gerais, holds post graduate studies from Harvard Business School (“Making Corporate Boards more Effective” – 2008, “Audit Committees in a New Era of Governance” – 2008 and “Program for Management Development/PMD” – 1999). With over 40 years of professional experience, worked for 12 years in agribusiness, 10 years in the industry for the transformation of polymers, paper and cellulose and refractory materials, 12 years in telecommunications and health services, 6 years in retail. Previously, Mr. Estermann was the CEO of GPA (from Apr’18 to Nov’20), where was responsible for the operations in the region, with over 100 thousand employees and a BRL 60 Bi revenue. He was also Infrastructure and Strategic Development Officer of GPA from Jun’14 to Oct’15. He has developed his career in different industries and the service sector, and in large and leading companies with different areas of expertise, differentiated in terms of technology, management models and cultures. Mr. Estermann was CEO of Via Varejo S. A. (2015-2018, 2018-2019), Vice-CEO and Chief Operating Officer of Medial Saúde (2006 - 2007). He has held important positions in various European and Brazilian companies since 1981.

Ricardo Leonel Scavazza is a Managing Partner and Chief Executive Officer & Chief Investments Officer of Private Equity for Latam strategies. Mr. Scavazza is primarily responsible for the conduction of all Latam Private Equity strategy at Patria. Before taking over as CEO & CIO for Private Equity Latam, Mr. Scavazza served as the Head of Private Equity Strategy in Brazil. Mr. Scavazza joined Patrimônio in 1999, became a partner in 2005 and has worked on several new investments and acquisitions for the portfolio companies of Private Equity Funds I, II, III, IV and V. In addition, Mr. Scavazza worked as Chief Executive Officer at Anhanguera between 2009 and 2013, Mr. Scavazza was also Chief Financial Officer at DASA, in 2001, and at Anhanguera from 2003 to 2006. Mr. Scavazza holds a bachelor’s degree in Business Administration from Fundação Getulio Vargas (FGV) and an MBA from Kellogg Scholl of Management, Northwestern University.

Roberto Cerdeira is a Patria Partner. Mr. Cerdeira is primarily responsible for the logistics and transportation are for the Infrastructure business unit. Mr. Cerdeira is responsible for new business efforts within these sectors and for overseeing several portfolio companies of Patria’s Infrastructure’s Funds. Mr. Cerdeira is currently a board member at Hidrovias do Brasil, Pare Bem, CBO, Entrevias, EIXO-SP and CART.  Before that, Mr. Cerdeira served as a Principal and Investment Officer. Prior to joining Patria in 2011, Mr. Cerdeira worked in M&A and Private Equity with experience in logistics, water treatment, energy and financial services. Mr. Cerdeira earned a B.A. in Business Administration from PUC-Rio and an MBA from London Business School.

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