Noah

Noah operates as a wholly owned subsidiary of Patria Investments, a publicly traded alternative asset manager listed on Nasdaq under the ticker PAX. Patria completed the acquisition in mid-2024, with Noah's original leadership team transitioning into Patria's broader wealth solutions division. The platform retains its brand and client-facing technology while drawing on Patria's institutional product suite and compliance infrastructure.

Noah's platform provides fractional access to private equity, private credit, venture capital, real estate, and infrastructure strategies. The product shelf draws primarily from Patria-managed funds alongside select third-party managers. Minimums are structured below traditional institutional thresholds, targeting mass-affluent investors who qualify as accredited under SEC guidelines.

Patria paid approximately $315 million for Noah, using a combination of cash and equity. The acquisition closed in 2024 and was structured as a bolt-on to Patria's wealth distribution arm, which focuses on growing permanent capital through retail and mass-affluent channels across the Americas. The deal included performance-based earnouts tied to asset retention and platform growth metrics, per Patria's regulatory filings.