VINCI PARTNERS COMPLETES COMBINATION WITH COMPASS
Vinci Partners (NASDAQ: VINP) has completed its combination with Compass, creating a leading full-service Latin American alternative asset manager with over US$52 billion in assets under management as of June 2024. The combined entity will focus on Private Markets, Investment Products and Solutions, Public Equities, and Corporate Advisory segments. The merger expands Vinci's reach beyond Brazil into the broader Latin American market, positioning it to serve both local and international clients across the entire product spectrum. The integration process began in March 2024, with both companies reporting strong cultural alignment and shared long-term vision.
Vinci Partners (NASDAQ: VINP) ha completato la sua fusione con Compass, creando un importante gestore di attivi alternativi a servizio completo in America Latina, con oltre 52 miliardi di dollari USA in attivi gestiti a partire da giugno 2024. L'entità combinata si concentrerà sui Mercati Privati, Prodotti e Soluzioni d'Investimento, Equità Pubbliche e Consulenza Aziendale. La fusione espande il reach di Vinci oltre il Brasile nel più ampio mercato latinoamericano, posizionandola per servire sia clienti locali che internazionali attraverso l'intero spettro dei prodotti. Il processo di integrazione è iniziato a marzo 2024, con entrambe le aziende che segnalano una forte affinità culturale e una visione condivisa a lungo termine.
Vinci Partners (NASDAQ: VINP) ha completado su fusión con Compass, creando un gestor de activos alternativos a servicio completo líder en América Latina, con más de 52 mil millones de dólares en activos bajo gestión hasta junio de 2024. La entidad combinada se centrará en Mercados Privados, Productos de Inversión y Soluciones, Acciones Públicas y Asesoría Corporativa. La fusión amplía el alcance de Vinci más allá de Brasil hacia el amplio mercado latinoamericano, posicionándola para servir tanto a clientes locales como internacionales a lo largo de todo el espectro de productos. El proceso de integración comenzó en marzo de 2024, con ambas empresas reportando una fuerte alineación cultural y una visión compartida a largo plazo.
빈치 파트너스 (NASDAQ: VINP)가 컴파스와의 합병을 완료하여, 2024년 6월 기준으로 520억 달러 이상의 자산을 관리하는 라틴 아메리카의 선도적인 종합 대체 자산 관리자가 되었습니다. 결합된 기업은 사모 시장, 투자 상품 및 솔루션, 공공 주식 및 기업 자문 분야에 중점을 둘 것입니다. 이번 합병은 빈치의 범위를 브라질을 넘어 라틴 아메리카 전역으로 확장하여, 모든 제품 스펙트럼에 걸쳐 현지 및 국제 고객을 제공할 수 있도록 합니다. 통합 프로세스는 2024년 3월에 시작되었으며, 두 회사 모두 강력한 문화적 정렬과 장기적인 비전을 공유하고 있음을 보고했습니다.
Vinci Partners (NASDAQ: VINP) a finalisé sa fusion avec Compass, créant ainsi un gestionnaire d'actifs alternatifs à service complet leader en Amérique latine, avec plus de 52 milliards de dollars US d'actifs sous gestion en juin 2024. L'entité combinée se concentrera sur les Marchés Privés, les Produits et Solutions d'Investissement, les Actions Publiques et le Conseil aux Entreprises. La fusion permet à Vinci d'élargir sa portée au-delà du Brésil, sur l'ensemble du marché latino-américain, la positionnant pour servir à la fois des clients locaux et internationaux sur l'ensemble du spectre des produits. Le processus d'intégration a débuté en mars 2024, les deux entreprises rapportant une forte alignement culturel et une vision à long terme partagée.
Vinci Partners (NASDAQ: VINP) hat seine Fusion mit Compass abgeschlossen und einen führenden Anbieter von alternativen Vermögenswerten in Lateinamerika geschaffen, der bis Juni 2024 über 52 Milliarden US-Dollar an verwalteten Vermögenswerten verfügt. Das kombinierte Unternehmen wird sich auf Private Markets, Anlageprodukte und -lösungen, öffentliche Aktien und Unternehmensberatung konzentrieren. Die Fusion erweitert Vincis Reichweite über Brasilien hinaus auf den breiteren lateinamerikanischen Markt und positioniert es, lokale sowie internationale Kunden in allen Produktbereichen zu bedienen. Der Integrationsprozess begann im März 2024, wobei beide Unternehmen von einer starken kulturellen Übereinstimmung und einer gemeinsamen langfristigen Vision berichten.
- Significant increase in assets under management to US$52 billion
- Geographic expansion beyond Brazil into broader Latin American market
- Enhanced product offering across multiple investment segments
- Strategic positioning to capture growing alternative investments market in Latin America
- None.
Insights
The merger between Vinci Partners and Compass creates a significant player in Latin American alternative asset management, with combined
- Market expansion into broader Latin America, targeting growing alternative investment penetration
- Enhanced product offering spanning private markets, investment products, public equities and corporate advisory
- Increased scale and operational synergies that should improve profitability
The merger positions Vinci to capitalize on Latin America's growing wealth management market and institutional investor demand. The cultural alignment between both firms and their complementary capabilities suggest strong potential for successful integration and market share growth.
This consolidation reflects the broader trend of asset management firms seeking scale and regional diversification in emerging markets. Latin America's alternative investment sector is underpenetrated compared to developed markets, offering substantial growth potential. Key market dynamics support this merger:
- Rising middle class wealth creation driving demand for sophisticated investment products
- Increasing institutional allocation to alternative investments in the region
- Growing cross-border investment flows between Latin American countries
The combined entity's enhanced distribution capabilities and broader product range should help capture these opportunities, potentially leading to accelerated AUM growth and improved market share.
Transaction creates the Gateway to Alternative Asset Management in
The Transaction creates a full-service Latin American alternative asset manager, that as of June 2024, had more than
"We are thrilled to announce this groundbreaking combination with Compass, which marks a transformative new chapter for our organization," said Alessandro Horta, Chief Executive Officer of Vinci Partners. "The combination with Compass allows us to expand our focus beyond
Together, we are poised to enhance our service offering to clients through our position as a comprehensive full-service player, equipped to serve local and international clients across the entire product spectrum. With tailored investment strategies that address local, regional and global dynamics, we believe we are exceptionally well positioned to capture the significant opportunities in
"We are excited about the future and the opportunities that lie ahead with our integration into Vinci's platform. We have been working on the integration process with the Vinci team since the signing back in March 2024, and were already able to act on several of the opportunities identified. We will continue to work together to further capitalize on those as one combined entity," said Jaime Martí, Chief Executive Officer of Compass. "As time passed from the Transaction announcement, it became even more clear that the cultural alignment and shared long-term vision between our teams are key drivers to ensure the success of this partnership as we move forward together."
Goldman Sachs & Co. LLC acted as financial advisor to Vinci, with Simpson Thacher & Bartlett LLP as transaction legal counsel and Carey Abogados as Latin American legal counsel. Morgan Stanley & Co. LLC acted as financial advisor to Compass, with Skadden, Arps Slate, Meagher & Flom LLP as transaction legal counsel.
Conference Call and Webcast Information
Vinci Partners will host a conference call on November 25, 2024 at 8:00 am (Eastern Time) to further discuss the Transaction, provide updates on the integration process and the strategic focus of the combined platforms going forward. A detailed presentation will be posted on Vinci's IR website and on the SEC website at www.sec.gov in advance of the conference call.
To access the webcast and presentation please visit the Events & Presentations' section of the Company's website at: www.ir.vincipartners.com/news-and-events/events-and-presentations. For those unable to listen to the live broadcast, there will be a webcast replay on the same section of the website.
About Vinci Partners
Vinci Partners is a leading alternative investment platform in
About Compass
Compass is a leading independent asset management firm in
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these forward-looking statements by the use of words such as "outlook", "indicator", "continue", "may", "will", "anticipate," "believe," "could," "expect," "should," "plan," "intend," "seek", "predict", "estimate", "approximate", and "potential," among others, or the negative version of these words or other comparable words. 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. In particular, there can be no assurance that we will be able to effectively integrate Compass and achieve the synergies that are currently expected. Accordingly, you should not place undue reliance on forward-looking statements. The forward-looking statements included herein speak only as at the date of this presentation and we do not undertake any obligation to update these forward-looking statements, whether as a result of new information, future developments or otherwise, and if we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other 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 the presentation. 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
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SOURCE Vinci Partners Investments Ltd.
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