Vinci Partners' Growth Strategy - Vinci Partners leverages the underpenetration of alternatives in Brazil to grow organically, focusing on fundraising and Fee Related Earnings (FRE) expansion through GP commitments in proprietary funds[4] - The company utilizes opportunistic M&A to complement its business strategies and expand its footprint in Latin America[4] - Since its IPO, Vinci Partners has capitalized on Brazil's underpenetration in alternative investments to drive fundraising in closed-end funds and REITs[8] - Vinci Partners has raised over R$12 billion organically, leveraging seed investments by approximately 9x[7,8] Vinci Partners and Compass Combination - The combination of Vinci Partners and Compass creates a leading full-service alternative asset manager in Latin America, with R$296 billion in Assets Under Management (AUM)[27] - The combined company has a pan-regional presence with diversified exposure to product offerings, funding, and currency[36] - The transaction is immediately accretive to FRE per share, with a 9% accretion in FRE per share for the combined company in 3Q'24[70] - Compass is expected to contribute to 4Q'24 results with R$15 million in FRE[70] Growth Opportunities for Vinci Compass - Vinci Compass aims to increase allocation to alternatives from local Limited Partners (LPs) into country-specific funds, particularly in Private Credit and Real Estate[75] - The company intends to capture global investment capital into new regional mandates, leveraging strong investment track records and local knowledge[75] - Vinci Compass plans to leverage Compass' relationship network in Latin America to distribute Vinci's products and increase the average fee in Global Investment Products and Solutions (Global IP&S) by allocating to proprietary products[78]

Core Insights - Vinci Partners Investments Ltd. has officially rebranded as Vinci Compass, marking a significant transformation for the organization after years of strategic planning and growth [2]. Company Overview - Vinci Compass is a leading provider of alternative investments and global solutions in Latin America, with nearly three decades of experience and operations in eleven offices across Latin America and the US [4]. - The company manages over US$54 billion in assets under management and advisory on a proforma basis as of September 2024 [4]. - Vinci Compass specializes in various sectors including Private Equity, Credit, Real Estate, Infrastructure, Forestry, Equities, Global Investment Products & Solutions, and Corporate Advisory, with dedicated teams for each segment [4]. Webcast and Communication - The company hosted a virtual webcast to discuss its rebranding and future direction, accessible through its website [3]. - A detailed presentation related to the webcast is available for stakeholders [2].

Core Viewpoint - Vinci Partners Investments Ltd. is hosting a virtual webcast on November 25, 2024, to discuss the combination with Compass, ongoing integration, potential synergies, M&A activity, and future growth strategies across Latin America [1]. Company Overview - Vinci Partners is a leading alternative investment platform in Brazil, established in 2009, with business segments including private equity, public equities, real estate, private credit, infrastructure, special situations, investment products, and retirement services [3]. - The company also provides corporate advisory services, focusing on pre-IPO and M&A advisory for Brazilian middle-market companies [3]. - As of September 2024, Vinci Partners had over US$54 billion in assets under management following the closing of its combination with Compass, a prominent independent asset management firm in Latin America [3].

Financial Data and Key Metrics Changes - Vinci generated fee-related earnings of R$53.8 million or R$1.02 per share for Q3 2024, with adjusted distributable earnings of R$57.1 million or R$1.08 per share, reflecting a 12% year-over-year increase on a per share basis [6][55] - The company reached R$70 billion in assets under management (AUM), posting an 8% year-over-year growth [7] - Year-to-date FRE totaled R$169 million or R$3.19 per share, representing a 14% year-over-year increase on a per share basis [48] Business Line Data and Key Metrics Changes - Distributable earnings reached R$57 million in the quarter, reflecting a 12% year-over-year increase on a per share basis [10] - The public equity strategy saw positive net inflows, primarily from institutional investors, indicating a potential recovery in this segment [22][71] - The IP&S segment experienced outflows of R$1.2 billion, primarily driven by withdrawals within separate mandate strategies [25][88] Market Data and Key Metrics Changes - The Brazilian economy has been growing strongly post-pandemic, while the stock market has remained stable since early 2021, leading to a perception of undervaluation among international investors [23][71] - The company noted that Brazil's market is currently two standard deviations from the mean compared to the S&P 500, suggesting a favorable entry point for medium-to-long term investors [22] Company Strategy and Development Direction - The combination with Compass marks the establishment of a leading pan-regional alternative asset manager, enhancing the product offering across major strategies [11][20] - The acquisition of Lacan will allow Vinci to launch a forestry strategy, which is expected to complement existing investment solutions and tap into the carbon market [16][60] - The company aims to expand its reach into other Latin American markets beyond Brazil, with potential growth in countries like Uruguay and Chile [62] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a strong finish to the year, anticipating final closings for several funds and continued fundraising success in private markets [8][10] - The company expects to see growth in the retirement services vertical following the launch of the Mio Vinci Partners platform [27][30] - Management acknowledged the challenges posed by high interest rates in Brazil but remains focused on navigating these conditions effectively [25][94] Other Important Information - The integration process with Compass is progressing well, with a strong cultural alignment and shared vision between teams [13] - The company expects the acquisition of Lacan to favorably impact AUM and segment results for Q4 2024 and into 2025 [19] Q&A Session Summary Question: Can you talk about the ambitions for the Lacan vertical mid to long-term? - Management expressed enthusiasm for Lacan, estimating potential AUM could reach around R$5.5 billion to R$6 billion, with plans to expand internationally in the future [60][62] Question: Can you provide an update on the fundraising for VCP IV? - Management indicated that VCP IV is nearing completion, with strong interest from local institutional investors and some international investors in due diligence [66][68] Question: What are the expectations regarding management fees and retroactive fees? - Management reported R$3 million in retroactive fees for the quarter, with expectations for continued impact from new commitments in VCP IV and VICC [78][80] Question: How is the IP&S segment expected to evolve given the current interest rate environment? - Management noted that while the high interest rate environment poses challenges, recent performance improvements in funds may help moderate outflows [94]

Group 1 - Vinci Partners Investments (VINP) reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.16 per share, and showing an increase from $0.11 per share a year ago, resulting in an earnings surprise of 18.75% [1] - The company posted revenues of $20.67 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 4.18%, although this represents a decline from year-ago revenues of $22.35 million [2] - Vinci Partners has surpassed consensus EPS estimates two times over the last four quarters and has topped consensus revenue estimates four times during the same period [2] Group 2 - The stock has underperformed the market, losing about 3% since the beginning of the year, while the S&P 500 has gained 24.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.17 on revenues of $21.04 million, and for the current fiscal year, it is $0.65 on revenues of $83.52 million [7] Group 3 - The Zacks Industry Rank indicates that the Financial - Miscellaneous Services sector is currently in the top 31% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this industry [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]

Core Insights - Vinci Partners reported a significant growth in Assets Under Management (AUM), reaching R$70 billion, which represents an 8% year-over-year increase [1] - The company secured over half a billion reais in additional commitments for its Private Market funds, including investments from a global investor in its Credit Infra strategy [1] - Recent strategic milestones include the closing of a combination with Compass and the acquisition of Lacan, positioning Vinci as a leading player in alternative investments in Latin America [1] Financial Highlights - Vinci Partners posted Fee Related Earnings of R$53.8 million in the third quarter of 2024, equating to R$1.02 per common share [3] - Adjusted Distributable Earnings for the quarter were R$57.1 million, or R$1.08 per common share [3] Dividend Information - The company declared a quarterly dividend of US$0.16 per share, payable on December 5, 2024, to record holders as of November 20, 2024 [2] Company Overview - Vinci Partners is a prominent alternative investment platform in Brazil, established in 2009, with diverse business segments including private equity, public equities, real estate, private credit, and corporate advisory services [5]

Lacan is a leading Timberland Investment Management Organization (TIMO) in Brazil managing R$1.5 billion in forestry assets across 130,000 hectares in Brazil through four vintages The transaction aims to establish Vinci's presence in Brazil's forestry sector, a key strategy in Latin America with substantial growth potential over coming years The acquisition is aligned with Vinci's long-term growth plan, enabling the Company to further expand its product offering by creating a new strategy within Private Ma ...

Transaction creates the Gateway to Alternative Asset Management in Latin America, with US$52 billion in assets under management RIO DE JANEIRO, Oct. 29, 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, announced today that it has completed its previously announced combination with Compass ("Transaction"), a leading asset manager and investment advisory firm in Latin Am ...

Vinci Partners Investments (VINP) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -41.18%. A quarter ago, it was expected that this investments platform would post earnings of $0.19 per share when it actually produced earnings of $0.19, delivering no surprise. Over the last four quar ...

RIO DE JANEIRO, Aug. 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 second quarter 2024 earnings results. Vinci Partners 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 Of ...