Vinci Partners Announces the Launch of Vinci Credit Securities, First Perpetual Capital Listed REIT Within Credit Segment
RIO DE JANEIRO, Brazil, May 09, 2022 (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 the closing of the follow-on offering (“Primary Offering”) for “Vinci Credit Securities” (“The Fund”), which is now listed in the B3 under the ticker VCRI.
VCRI is the first listed REIT dedicated to MBS and debt-related securities managed by Vinci Partners, and a result of yet another successful joint venture between the Company’s Credit and Real Estate groups. The Fund currently amounts to R$177 million in AUM, adding its previous round of seed investment and the proceeds of the Primary Offering. With the launch of VCRI, the Company has seven listed vehicles in the B3 across Real Estate, Infrastructure and Credit segments, adding up to R$5.3 billion in perpetual capital AUM.
The Fund is focused on generating income to its quotaholders through a diversified portfolio of real estate mortgage-backed securities, also being able to invest in REITs with similar investment strategies.
Marcello Almeida, partner, and Head of Credit for Vinci Partners, said, “VCRI’s IPO is an important milestone for us as we launch a new strategy within the credit segment. We’re seeing a substantial demand from investors for listed REITs focused on real estate MBS, which is aligned with the extensive pipeline of high-quality assets we have ahead of us. This backdrop creates an enabling environment for us to further develop this new strategy into an enormous growth opportunity for our company”.
About Vinci Partners Credit
Vinci Partners’ Credit strategy is focused on customized credit transactions to meet the financing needs of both established and growing businesses, while generating interesting investment opportunities for our investors. The Credit strategy invests across four core sub-strategies/asset classes: Infrastructure Credit, Real Estate Credit, Structured Credit/ Multi-Strategy and Exclusive Mandates.
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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