The following is a summary of the Vinci Partners Investments Ltd. (VINP) Q3 2024 Earnings Call Transcript:

Financial Performance:

• Vinci Partners Investments Ltd reported fee-related earnings of R$53.8 million, or R$1.02 per share, and adjusted distributable earnings of R$57.1 million, or R$1.08 per share, for the third quarter of 2024.

• They declared a quarterly dividend of $0.16 per common share.

• Management and advisory fees totaled R$112.7 million for the quarter, marking a 5% year-over-year increase.

• Total AUM reached R$70 billion, representing an 8% year-over-year growth.

Business Progress:

• Vinci announced the closing of their combination with Compass, establishing a leading pan-regional alternative asset manager.

• They acquired Lacan to launch their forestry strategy, leveraging Lacan's expertise and enhancing their product offerings.

• They reported expansions in several strategies including private equity, private credit, and infrastructure, reflecting strong fund-raising capabilities.

• Several funds, including VCP IV and VICC, are approaching final closings with significant commitments expected.

Opportunities:

• The combination with Compass will redefine Vinci's platform, creating a significant pan-regional presence and enabling cross-selling opportunities.

• The acquisition of Lacan allows Vinci to enter and expand in the forestry investment strategy, enhancing its diverse portfolio and attracting both local and international investors.

• Vinci's diversified investment strategy positions it well to capitalize on various market opportunities and investor needs across Latin America.

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