Vinci's Combination with Compass

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]