Patria Investments Ltd Q2 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Yuri Rocha Fernandes - JPMorgan Chase & Co, Research Division - Analyst : I have a first question regarding your performance in fees this quarter. I guess, Marco mentioned effects benefiting a little bit. And I think Alex and the presentation mentioned of that and (inaudible) sales. So my question here is on interviews. I guess you had about 45% stake on the company. So just checking if you sold this additional stake now or anything not if you didn't sell it, when you plan to sell this interview stake? And how much do you believe this can help you on further performance fees? That's the first one, and I can have another question after you answer this one.

Question: Yuri Rocha Fernandes - JPMorgan Chase & Co, Research Division - Analyst : I have a second one regarding Banco Colombia is a recovery here. And I guess you put in the press release and you mentioned some time about Central America operation. I guess this is the smaller portion of the pie. But just checking if the EUR 1 billion AUM you benefit, you mentioned this includes also Central America, if you see like you can also leverage in those other countries that Banco Colombia serves. And a second topic here also regarding Banco Colombia is sure, right? I know it's not the same company, but usually, it's also an important distribution channel for like asset management products in the region. So just checking if this is only Banco Colombia or if you have any kind of agreement with [SURA] or not really?