Patria Investments Set to Join Russell 2000® and 3000® Indexes
23 5월 2023 - 9:30PM
Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global
alternative asset manager, is expected to join the Russell 2000®
and broad-market Russell 3000® indexes at the conclusion of the
2023 Russell indexes annual reconstitution, effective after the US
market opens on June 26, 2023, according to a preliminary list of
additions posted on May 19, 2023.
Annual Russell indexes reconstitution captures
the 4,000 largest US equity market stocks as of April 28, ranking
them by total market capitalization. Membership in the all-cap
Russell 3000® Index, which remains in place for one year, means
automatic inclusion in the large-cap Russell 1000® Index or
small-cap Russell 2000® Index as well as the appropriate growth and
value style indexes. FTSE Russell determines membership for its
Russell indexes primarily by objective, market-capitalization
rankings and style attributes.
“We are very pleased that Patria is expected to
be included in the Russell indexes, which is a testament to the
company’s success and growth following our IPO on Nasdaq in 2021,”
said Alexandre Saigh, Patria’s Chief Executive Officer. “Index
inclusion is an important catalyst for diversifying our shareholder
base into passive channels, and we believe it will drive broader
exposure for PAX across the investment community. This is an
important step in our evolution as a public company, and our
journey as the gateway for alternative investments in Latin
America.”
Russell indexes are widely used by investment
managers and institutional investors for index funds and as
benchmarks for active investment strategies. Approximately $12.1
trillion in assets are benchmarked against Russell’s US indexes.
Russell indexes are part of FTSE Russell, a leading global index
provider.
For more information on the Russell 3000® Index
and the Russell indexes reconstitution, go to the “Russell
Reconstitution” section on the FTSE Russell website.
About Patria InvestmentsPatria
is a leading alternative investment firm focused on Latin America,
with over 30 years of history, combined assets under management of
$27.3 billion as of March 31, 2023, and a global presence with
offices in 10 cities across 4 continents. Patria aims to provide
consistent returns in attractive long-term investment opportunities
that allow for portfolio diversification through its Private
Equity, Infrastructure, Credit, Public Equities and Real Estate
products. Through its investments Patria seeks to transform
industries and untangle bottlenecks, generating attractive returns
for its investors, while creating sustainable value for society.
Further information is available at www.patria.com.
About FTSE RussellFTSE Russell
is a global index leader that provides innovative benchmarking,
analytics and data solutions for investors worldwide. FTSE Russell
calculates thousands of indexes that measure and benchmark markets
and asset classes in more than 70 countries, covering 98% of the
investable market globally.
FTSE Russell index expertise and products are
used extensively by institutional and retail investors globally.
Approximately $20.1 trillion is currently benchmarked to FTSE
Russell indexes. For over 30 years, leading asset owners, asset
managers, ETF providers and investment banks have chosen FTSE
Russell indexes to benchmark their investment performance and
create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE
Russell index design and management: a transparent rules-based
methodology is informed by independent committees of leading market
participants. FTSE Russell is focused on applying the highest
industry standards in index design and governance and embraces the
IOSCO Principles. FTSE Russell is also focused on index innovation
and customer partnerships as it seeks to enhance the breadth, depth
and reach of its offering.
FTSE Russell is wholly owned by London Stock
Exchange Group.
For more information, visit
www.ftserussell.com.
Patria Shareholder
Relations:Josh Wood: +1 917 769 1611 /
josh.wood@patria.com
Patria Investments (NASDAQ:PAX)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Patria Investments (NASDAQ:PAX)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024