Patria Investimentos is seeking to raise more than $900 million for its fourth fund, Patria Private Equity Fund IV, Private Equity Hub reports. Park Hill is the placement agent of the new vehicle.
The firm, which is partly owned by the Blackstone Group, raised around $630 million in 2007 for its third vehicle. Patria has a previously invested in Veloce, a logistics services provider and a vehicle monitoring and tracking company, Zatix.
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