RIO DE JANEIRO, Brazil, Sept. 26, 2022 (GLOBE NEWSWIRE) — Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “the Company”, “we”, “us” or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today that the Ministry of Regional Development (the “Ministry”) has selected Vinci Partners’ Infrastructure segment to manage its Sustainable Regional Development fund (the “Fund”, “FDIRS”).
The federal government hired BRL TRUST Investimentos jointly with Vinci Partners to manage the Fund’s capital through different strategies, such as the structuring of partnerships between public and private players to develop sustainable infrastructure projects in Brazil. To support these projects, our team can establish guarantee instruments that should have commitments from FDIRS and other private players. Lastly, the Fund could also invest in other infrastructure funds focused on sustainable development.
The commitment will start at approximately R$750 million and we expect that should be activated in Vinci Partners’ AUM towards the end of the fourth quarter of 2022. The mandate has a significant potential to grow over the years, considering its pre-determined hard cap to invest up to R$11 billion, as the team originates investment opportunities combined with additional capital commitments from the Ministry.
José Guilherme Souza, partner, and Head of Infrastructure for Vinci Partners, said, “Our team is very pleased and proud to be the partner of choice selected to manage such an important strategy to Brazil’s sustainable infrastructure landscape. With FDIRS, we widen the investment approach of our Infrastructure segment through a mandate with great growth potential, for both AUM and revenues in the medium to long term. We are very optimistic with the road ahead of us as we consolidate ourselves as a reference for infrastructure investments in Brazil.”
About Vinci Partners Infrastructure
Our infrastructure core plus strategy seeks to have exposure to real assets related to economic infrastructure, through investments in equity and debt instruments across several sectors, including but not limited to power generation and transmission, transportation and logistics, and water & sewage. The infrastructure team aims control or control-oriented positions in brownfield and greenfield opportunities and employs active hands-on management of assets and operations.
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, credit, infrastructure, hedge funds, and investment products and solutions, each managed by dedicated investment teams with an independent investment committee and decision-making process. We also have a financial 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
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USA Media Contact
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Joele Frank, Wilkinson Brimmer Katcher
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Carla Azevedo ([email protected])
+55 (21) 3114-0779
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