RIO DE
JANEIRO, Nov. 7, 2024 /PRNewswire/ -- Vinci
Partners Investments Ltd. (NASDAQ: VINP) ("Vinci Partners", "we",
"us" or "our"), the controlling company of a leading alternative
investment platform in Brazil,
reported today its third quarter 2024 earnings results.
Vinci Partners has issued a complete earnings release and a
detailed presentation in the 'Quarterly Earnings' section of the
company's website at:
https://ir.vincipartners.com/financials/quarterly-results/
Alessandro Horta, Chief Executive
Officer stated, "Vinci reached R$70
billion in AUM, posting an 8% year-over-year growth. Our
efforts in raising capital for Private Market funds continue to
boost our results in AUM and FRE numbers, with highlights this
quarter to over half a billion reais in additional commitments,
including the first coming from a global investor in our Credit
Infra strategy. We also had some very exciting news since the end
of the third quarter, as we announced the closing of our
combination with Compass and the acquisition of Lacan. These
transactions aren't just milestones, they mark the beginning of a
new era for Vinci Partners, officially establishing us as the
gateway to alternative investments in Latin America. We believe these movements
solidify Vinci's status as a leading full-service player in
Latin America, uniquely positioned
to capitalize on the region's high growth potential for alternative
investments."
Dividends
Vinci Partners has declared a quarterly dividend of US$0.16 per share to record holders of common
stock at the close of business on November
20, 2024. This dividend will be paid on December 05, 2024.
Financial Highlights
Vinci Partners posted Fee Related Earnings of R$53.8 million in the 3Q'24, or R$1.02 per common share. Adjusted Distributable
Earnings for the quarter of R$57.1
million, or R$1.08 per common
share.
Webcast and Earnings Conference Call
Webcast can be accessed by clicking here. For those unable to
listen to the live broadcast, there will be a webcast replay on the
same section of the website.
To access the conference call through dial in, please register
at 3Q24 VINP Earnings Dial In to obtain the conference number and
access code.
About Vinci Partners
Vinci Partners is a leading alternative investment platform in
Brazil, established in 2009. Vinci
Partners' business segments include private equity, public
equities, real estate, private credit, special situations,
infrastructure, investment products and solutions, and retirement
services, each managed by dedicated investment teams with an
independent investment committee and decision-making process. We
also have a corporate advisory business, focusing mostly on
pre-initial public offering, or pre-IPO, and merger and
acquisition, or M&A, advisory services for Brazilian
middle-market companies.
Forward-Looking Statements
This press release contains forward-looking statements that can
be identified by the use of words such as "anticipate," "believe,"
"could," "expect," "should," "plan," "intend," "estimate" and
"potential," among others. By their nature, forward-looking
statements are necessarily subject to a high degree of uncertainty
and involve known and unknown risks, uncertainties, assumptions and
other factors because they relate to events and depend on
circumstances that will occur in the future whether or not outside
of our control. Such factors may cause actual results, performance
or developments to differ materially from those expressed or
implied by such forward-looking statements and there can be no
assurance that such forward-looking statements will prove to be
correct. The forward-looking statements included herein speak only
as at the date of this press release and we do not undertake any
obligation to update these forward-looking statements. Past
performance does not guarantee or predict future performance.
Moreover, neither we nor our affiliates, officers, employees and
agents undertake any obligation to review, update or confirm
expectations or estimates or to release any revisions to any
forward-looking statements to reflect events that occur or
circumstances that arise in relation to the content of this press
release. Further information on these and other factors that could
affect our financial results is included in filings we have made
and will make with the U.S. Securities and Exchange Commission from
time to time.
USA Media
Contact
Kate Thompson
Joele Frank, Wilkinson Brimmer
Katcher
+1 (212) 355-4449
Brazil Media Contact
Danthi Comunicações
Carla Azevedo
(carla@danthicomunicacoes.com.br)
+55 (21) 3114-0779
Investor
Contact
ShareholderRelations@vincipartners.com
NY: +1 (646) 559-8040
RJ: +55 (21) 2159-6240
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SOURCE Vinci Partners Investments Ltd.
