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.
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SOURCE Vinci Partners