Endure Capital Management, LLC has disclosed a significant investment in Patria Investments Limited, revealing that it holds 9.9% of the company’s Class A common shares. This move is noteworthy as it underscores Endure Capital's growing influence in the investment advisory sector.

The filing, dated November 6, 2026, indicates that Endure Capital Management, along with its affiliates, beneficially owns a total of 6,958,465 shares of Patria Investments. This stake positions Endure Capital as a notable player in the investment advice industry, which is characterized by increasing competition and evolving market dynamics.

Background

Endure Capital Management, LLC, based in Austin, Texas, is classified under the SEC as an investment advisor. The firm has been active in filing various forms with the SEC, including recent filings such as the Schedule 13G/A on November 6, 2026, and multiple 13F-HR forms. This latest filing reflects a strategic investment approach by Endure Capital in the context of its overall portfolio management.

What the Filing Says

The Schedule 13G/A filing reveals that Endure Capital Management, alongside its affiliates, holds a total of 6,958,465 shares of Patria Investments, which represents 9.9% of the outstanding shares as of June 30, 2026. The filing states, “Each Reporting Person disclaims beneficial ownership of the shares of Common Stock held directly by the other Reporting Persons.” This indicates that while they collectively hold a significant stake, they do not necessarily control the shares held by each other.

Impact

This investment may influence various stakeholders, including existing shareholders of Patria Investments and competitors in the investment advisory sector. By acquiring a substantial stake, Endure Capital may have a say in significant decisions at Patria, potentially impacting its strategic direction and operations.

What's Next

The filing does not specify what actions may follow this disclosure. However, it highlights the ongoing monitoring of Patria Investments by Endure Capital and suggests potential future engagement in corporate governance matters.