VINCI PARTNERS REPORTS THIRD QUARTER 2023 EARNINGS RESULTS

Rhea-AI Summary

Vinci Partners Investments Ltd. (NASDAQ: VINP) reported its third quarter 2023 earnings results, achieving its highest level of management fee revenues since its IPO and raising R$1.3 billion across Private Equity, Infrastructure and Real Estate strategies. The company also announced a strategic partnership with Ares, a leading alternative asset manager globally, which has the potential to significantly bolster its fundraising and M&A efforts.

Positive

• Vinci Partners achieved its highest level of management fee revenues since its IPO, raising R$1.3 billion across Private Equity, Infrastructure and Real Estate strategies, and announced a strategic partnership with Ares, a leading alternative asset manager globally, which has the potential to significantly bolster its fundraising and M&A efforts.

Negative

• None.

RIO DE JANEIRO, Nov. 8, 2023 /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 2023 earnings results.

Vinci Partners has issued a complete earnings release and a detailed presentation in the 'Events & Presentations' section of the company's website at: https://ir.vincipartners.com/news-and-events/events-and-presentations.

Alessandro Horta, Chief Executive Officer stated, "We achieved our highest level of management fee revenues since our IPO this quarter, translating into R$0.95 of FRE per share. The fundraising in Private Markets is advancing well and continues to push growth, raising R$1.3 billion across Private Equity, Infrastructure and Real Estate strategies in the third quarter. Furthermore, we recently announced a strategic partnership with Ares, one of the leading alternative asset managers globally, which holds the potential to significantly bolster our fundraising and M&A efforts going forward. We are very optimistic about the future of our business and on course to achieve our R$150 billion AUM target by year-end 2028."

Dividends

Vinci Partners has declared a quarterly dividend of US$0.17 per share to record holders of common stock at the close of business on November 22, 2023. This dividend will be paid on December 07, 2023.

Financial Highlights

Vinci Partners posted Fee Related Earnings of R$51.3 million in the 3Q'23, or R$0.95 per common share. Adjusted Distributable Earnings for the quarter reached R$51.8 million, or R$0.96 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 3Q23 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, hedge funds, 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.

FAQ

What are Vinci Partners Investments Ltd. (NASDAQ: VINP) third quarter 2023 earnings results?

Vinci Partners reported its highest level of management fee revenues since its IPO and raised R$1.3 billion across Private Equity, Infrastructure and Real Estate strategies.

Who did Vinci Partners announce a strategic partnership with?

Vinci Partners announced a strategic partnership with Ares, a leading alternative asset manager globally, which has the potential to significantly bolster its fundraising and M&A efforts.

Where can I find Vinci Partners' complete earnings release and detailed presentation?

Vinci Partners' complete earnings release and detailed presentation can be found in the 'Events & Presentations' section of the company's website at: https://ir.vincipartners.com/news-and-events/events-and-presentations.