Patria Investments, the global alternative asset manager and industry leader in Latin America and Europe, has closed Patria Infrastructure Fund V, the largest dedicated infrastructure capital ever raised in Latin America, with US$2.9 billion raised in fund commitments and related program vehicles.

The fund maintains a diverse portfolio across Latin America, with significant operations in Brazil, Colombia, and Chile. Its investments are concentrated in key infrastructure sectors such as toll roads, data centers, water desalination, renewable energy, and electric mobility. During its closing phase, Fund V secured capital commitments from a mix of new and returning institutional investors, including sovereign wealth funds, pension funds, asset managers, insurance firms, and development finance institutions. Over the past 18 months, the fund has already executed several investments and co-investments in Chile, Colombia, and Brazil, with further commitments expected to be added to its portfolio in the near future.

Patria has identified a robust and growing infrastructure market in Latin America, estimated at over USD 90 billion in potential opportunities over the next five to seven years across its main areas of operation. This market encompasses both established investment themes—including toll roads and renewable energy—and emerging sectors driven by long-term structural trends such as electric mobility, sanitation, and waste management. In the power and energy sector, Patria anticipates continued expansion led by renewable energy projects and initiatives supporting the regional energy transition. Growth prospects in the logistics and transportation sectors are expected to be fueled by new toll road concessions, commodity logistics initiatives, and urban mobility developments. In parallel, the digital infrastructure sector will benefit from the continued expansion of data centers and the rollout of 5G networks, while opportunities in environmental services will be supported by the privatization of sanitation assets and the development of modern waste management solutions.