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Vinci Partners Announces R$381 Million Capital Raise For New Industrial Development Strategy

RIO DE JANEIRO, March 12, 2021 /PRNewswire/ — Vinci Partners Investments Ltd. (“Vinci Partners, “the Company,” “we,” “us,” or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today the closing of R$381 million in commitments for “Vinci Fulwood Desenvolvimento Logístico FII”, or “VFDL”, a fund managed by the Vinci Partners Real Estate segment.  

This capital raise marks the beginning of a new strategy in Vinci Partners’ Real Estate segment, focused on the development of greenfield industrial properties, for which we expect to raise up to R$ 800 million. Fulwood Empreendimentos Logísticos, one of the largest development players for industrial real estate assets in Brazil, will act as the fund’s development partner through a joint venture with Vinci Partners.

Leandro Bousquet, partner and Head of Real Estate for Vinci Partners, said, “We completed a successful fundraise that sets the beginning of a new strategy within the Real Estate segment. We have seen great demand for this type of product inside the real estate asset class, with the increasing demand for high-quality industrial assets combined with the mitigation of risk due to a shorter investment cycle. We believe our joint venture with Fulwood, together with the team’s track record in the industrial segment puts us in a unique position to take advantage of this market opportunity.”

About Vinci Partners Real Estate

Vinci Partners’ Real Estate strategy is primarily focused on the acquisition of core, income-generating assets through public real estate funds (REITs). Our Real Estate strategy invests across various sub-strategies including shopping malls, industrial and logistics, offices, and financial instruments related to real estate assets. The Real Estate segment also manages opportunistic development funds.

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

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

Nick Lamplough / Kate Thompson / Katie Villany

Joele Frank, Wilkinson Brimmer Katcher

+1 (212) 355-4449

Brazil Media Contact

Danthi Comunicações

Carla Azevedo ([email protected])

+55 (21) 3114-0779

Investor Contact

[email protected]  

NY: +1 (646) 559-8040

RJ: +55 (21) 2159-6240

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SOURCE Vinci Partners

Written by Tenner Smith

Tenner Smith - I have experience in financial intelligence and automated intelligence. In industry I have worked on artificial intelligence and machine learning. Tenner Smith is a reporter at DF media.

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