VINCI COMPASS REPORTS FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RESULTS

Rhea-AI Summary

Vinci Partners Investments (NASDAQ: VINP) has reported its Q4 and full-year 2024 results, marking a transformational year highlighted by strategic combinations with Compass, MAV, and Lacan. The company has positioned itself as Latin America's leading alternative investment and global solutions provider.

Key financial metrics for Q4 2024 include:

• Fee Related Earnings of R$79.0 million (R$1.23 per share)
• Adjusted Distributable Earnings of R$73.9 million (R$1.15 per share)
• Assets under management reached R$327 billion, representing a 377% year-over-year increase

The company declared a quarterly dividend of US$0.15 per share, payable on March 27, 2025, to shareholders of record as of March 13, 2025.

Positive

• 377% YoY growth in AUM to R$327 billion
• Strong Fee Related Earnings of R$79.0M in Q4
• Healthy Adjusted Distributable Earnings of R$73.9M
• Strategic expansion through three acquisitions

Negative

• None.

Insights

Financial Analyst

Vinci Compass's Q4 results reveal the transformative impact of its strategic consolidation in Latin America's alternative investment landscape. The 377% year-over-year AUM growth to R$327 billion represents a step-change in scale that fundamentally alters the company's market position and revenue potential. While this growth is primarily acquisition-driven through the Compass merger and MAV/Lacan acquisitions, it creates a platform with significantly enhanced distribution capabilities across Latin America.

The Fee Related Earnings of R$79.0 million (R$1.23 per share) and Adjusted Distributable Earnings of R$73.9 million provide a stable foundation for the $0.15 quarterly dividend, which translates to approximately a 6% annualized yield at current share prices. This positions VINP as an attractive income vehicle within the alternative asset management sector.

The strategic significance extends beyond mere size - Vinci Compass has positioned itself at the intersection of two powerful trends: the secular shift of Latin American institutional capital toward alternative investments and the increasing demand for global investment solutions from regional investors. This creates a potential flywheel effect where greater scale enables access to more investment opportunities, attracting more capital and further enhancing competitive positioning.

The cross-border capabilities now allow Vinci to offer Brazilian investors access to global markets while providing international investors specialized access to Latin American opportunities - a distinctive value proposition in the region. However, integration execution remains a key risk factor, as capturing synergies across multiple platforms while maintaining investment performance will require careful management of organizational complexity.

RIO DE JANEIRO, Feb. 26, 2025 /PRNewswire/ -- Vinci Partners Investments Ltd. (NASDAQ: VINP) ("Vinci Compass," "the Company," "we," "us," or "our"), the controlling company of a leading alternative investments and global solutions provider in Latin America, reported today its fourth quarter and full year 2024 earnings results.

Vinci Compass 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, "The year of 2024 was a transformational one for our firm, marking the beginning of a new chapter with the successful completion of our combination with Compass, alongside two other strategic acquisitions, MAV and Lacan. These milestones have significantly expanded our platform, positioning Vinci Compass as the premier alternative investment and global solutions provider in Latin America. We have been, consistently since our IPO, thriving from the gradual shift to alternatives within the local institutional community in Brazil, and we still have plenty room to grow. As we enter the new year, we are stepping into an environment full of opportunities to further expand our presence across Latin America and strengthen our fundraising efforts, both cross-border and on a local-to-local basis. Our extensive footprint allows us to effectively drive cross-selling opportunities across the region while leveraging the unique advantages of global markets. This geographic diversity enables us to offer tailored solutions to our clients, addressing their investment needs on a local, regional, and global scale."

Dividends

Vinci Compass has declared a quarterly dividend of US$0.15 per share to record holders of common stock at the close of business on March 13, 2025. This dividend will be paid on March 27, 2025.

Financial Highlights

Vinci Compass posted Fee Related Earnings of R$79.0 million in the 4Q'24, or R$1.23 per common share. Adjusted Distributable Earnings of R$73.9 million in the 4Q'24, or R$1.15 per common share.

Vinci Compass ended the 4Q'24 with R$327 billion in assets under management and advisory, up 377% year-over-year.

Earnings Conference Call

To access the conference call please visit the Events section of the Company's website at: https://ir.vincipartners.com/news-and-events/events. For those unable to listen to the live broadcast, a replay will be available in the same section of the website.

About Vinci Compass

Vinci Compass stands as the premier partner for alternative investments and global solutions in Latin America. With nearly three decades of experience and local operations from eleven offices in Latin America and the US, our expertise spans: Private Equity, Credit, Real Estate, Infrastructure, Forestry, Equities, Global Investment Products & Solutions, and Corporate Advisory. Each segment is managed by specialized teams dedicated to investment and advisory excellence. As of December 2024, Vinci Compass had R$327 billion in assets under management and advisory on a Proforma basis.

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 / Tim Ragones

Joele Frank, Wilkinson Brimmer Katcher

+1 (212) 355-4449

Latin America 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

View original content:https://www.prnewswire.com/news-releases/vinci-compass-reports-fourth-quarter-and-full-year-2024-earnings-results-302386405.html

SOURCE Vinci Partners Investments Ltd.

FAQ

What is Vinci Compass's (VINP) Q4 2024 Fee Related Earnings per share?

Vinci Compass reported Fee Related Earnings of R$1.23 per share in Q4 2024.

How much did Vinci Compass's (VINP) AUM grow in 2024?

Vinci Compass's assets under management grew 377% year-over-year, reaching R$327 billion by Q4 2024.

What is the Q1 2025 dividend amount for VINP shareholders?

Vinci Compass declared a quarterly dividend of US$0.15 per share, payable on March 27, 2025.

What strategic acquisitions did Vinci Compass (VINP) complete in 2024?

Vinci Compass completed strategic combinations with Compass, MAV, and Lacan in 2024.