Pátria closes first core infrastructure fund

Pátria closes first core infrastructure fund

Equity Funds Energy Electricity Project & Infrastructure Finance Brazil

Brazilian investment firm Pátria Investimentos said Monday that it closed its first core infrastructure fund with BRL800 million ($140 million) to buy stakes in local operational power generation and transmission assets. The new fund, called Pátria Infraestrutura Energia Core, or PICE, is the investment firm's first investment vehicle for core infrastructure projects and will be listed on the B3 stock exchange in São Paulo, Pátria said in a press release. The fund is expected to hold investments

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