Patria Private Equity Trust (LON:PPET) Announces Quarterly Earnings Results

Patria Private Equity Trust (LON:PPET) issued its earnings results on Thursday. The company reported GBX 2.17 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Patria Private Equity Trust Trading Up 0.1%

PPET traded up GBX 0.36 during trading on Thursday, hitting GBX 635.36. 68,928 shares of the company’s stock traded hands, compared to its average volume of 76,942. Patria Private Equity Trust has a 12-month low of GBX 494 and a 12-month high of GBX 640. The company has a market cap of £944.10 million and a price-to-earnings ratio of 31.90.

Patria Private Equity Trust Company Profile

Patria Private Equity Trust plc (LON:PPET) is a closed-ended investment company listed on the London Stock Exchange that provides investors with access to private equity opportunities in Latin America. The trust is managed by Patria, a specialist alternative asset manager with a focus on the region, and it is structured to give public-market investors exposure to privately negotiated equity investments that are typically difficult to access through traditional listed equities.

The trust’s principal activities involve making and managing a diversified portfolio of private equity investments, including primary fund commitments, co-investments alongside sponsor-led funds, secondary purchases and direct equity stakes in companies.