Brazil-focused alternative asset manager Patria Investments has sold a 20 percent stake in Brazil-based elderly care provider Brasil Senior Living (BSL) to France-based long- and short-term care company Orpea. As part of the transaction, Orpea has the option to wholly acquire the company within the next five years. BSL operates long-term care facilities and nursing homes and also provides rehabilitation and home care services. Financial details of the transaction were not disclosed.