Press release
VINCI PARTNERS ANNOUNCES QUARTERLY DIVIDEND OF US$0.16 PER SHARE FOR THE FIRST QUARTER 2023
RIO DE JANEIRO, May 11, 2023 /PRNewswire/ -- Vinci Partners Investments Ltd. (NASDAQ: VINP) ("Vinci Partners", "we", "us" or "our"), the controlling company
About this update from Vinci Compass Investments Ltd.
[{"type":"text","content":"RIO DE JANEIRO, May 11, 2023 /PRNewswire/ -- Vinci Partners Investments Ltd. (NASDAQ: VINP) (\"Vinci Partners\", \"we\", \"us\" or \"our\"), the controlling company of a leading alternative investment platform in Brazil, has declared a quarterly dividend of US$0.16 per share to record holders of common stock at the close of business on May 25, 2023. This dividend will be paid on June 09, 2023.\nAlessandro Horta, Chief Executive Officer stated, \"Vinci announced a quarterly dividend of US$0.16 per share which represents an attractive dividend yield to shareholders. Since our IPO, Vinci has distributed US$1.53 per common share to shareholders as dividends, a meaningful dividend distribution as a result of repeated strong quarterly results. We are pleased to announce that we are halfway through our initial R$10 billion target fundraising for Private Markets' products and we should see additional capital subscriptions coming in the next few quarters. The platform is starting to reap the benefits from the fundraising cycle, that should power attractive growth for the company and enhance our ability to generate free cash flow.\"\nAbout Vinci Partners\nVinci Partners is a leading alternative investment platform in Brazil, established in 2009. Vinci Partners' business segments include private equity, public equities, real estate, credit, special situations, infrastructure, hedge funds, investment products and solutions, and retirement services, 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.\nForward-Looking Statements\nThis 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 ...