RIO DE
JANEIRO, Feb. 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 fourth quarter and full year 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, "Vinci delivered strong results, with FRE and DE
increasing respectively 14 and 17% year-over-year on a per share
basis. We ended the year with R$69
billion in assets under management, with more than
R$4 billion in capital subscriptions
in our Private Markets funds throughout the year. Momentum is great
as we enter 2024, our pipeline is full of opportunities to reach
our R$15 billion target fundraising,
with 55% already in-house."
Dividends
Vinci Partners has declared a quarterly dividend of US$0.20 per share to record holders of common
stock at the close of business on February
22, 2024. This dividend will be paid on March 07, 2024.
Financial Highlights
Vinci Partners posted Fee Related Earnings of R$57.3 million in the 4Q'23, or R$1.07 per common share. Adjusted Distributable
Earnings for the quarter reached R$63.6
million, or R$1.18 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 4Q23 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.