Vinci Partners Announces Joint Venture for a New Strategy in the Agribusiness Sector

5/10, 3:12 PM (Source: GlobeNewswire)

RIO DE JANEIRO, Brazil, May 10, 2021 (GLOBE NEWSWIRE) -- Vinci Partners Investments Ltd. (NASDAQ: VINP) ("Vinci Partners, "the Company," "we," "us," or "our"), the controlling company of a leading alternative investment platform in Brazil, announced today a joint venture with Chrimata, an investment company focused on the agribusiness sector, to set up a new strategy, that will be co-managed by Vinci Partners’ Real Estate and Credit segments.

The partnership already has a pipeline of 12 potential investments in the sector, which represents over R$ 1 billion in total transaction volume. The joint venture’s economics are in line with those practiced within Vinci’s proprietary strategies when it comes to revenue splits between the firm and the investment teams. In addition, there will be no consideration paid at the inception of the JV.

Leandro Bousquet, partner and Head of Real Estate for Vinci Partners, said, “This joint venture will allow us to take advantage of the large addressable local market as we partner with a player that has more than 20 years of experience in the sector. Brazil presents strong competitive advantages when it comes to climate and soil for agribusiness development, a sector that expanded by 37% in the last decade. We are very optimistic with this partnership as we already have a robust pipeline and expressive demand for this type of product.”

Marcello Almeida, partner and Head of Credit for Vinci Partners, said, “We are extremely excited with this new investment opportunity, as we see a shortage of long-term credit financing in the agribusiness sector. We believe that with the Credit team’s track record we can provide wise custom-made financial solutions for the agribusiness industry, at a competitive cost, which will set us apart from competition.”

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 Credit

Vinci Partners’ Credit strategy is divided in three core sub-strategies: Infrastructure Debentures to finance projects, generally with a senior secured collateral package, or infrastructure debt; Senior secured loans with the first lien collateral in real estate assets or a MBS securitization, or real estate debt; and the third one, referred to as Structured Credit focused on secured loans, private debt and a reverse factoring platform.

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 (carla@danthicomunicacoes.com.br)
+55 (21) 3114-0779

Investor Contact
ShareholderRelations@vincipartners.com
NY: +1 (646) 559-8040
RJ: +55 (21) 2159-6240


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