Press release
VINCI PARTNERS ANNOUNCES QUARTERLY DIVIDEND OF US$0.20 PER SHARE FOR THE SECOND QUARTER 2023
RIO DE JANEIRO, Aug. 10, 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, Aug. 10, 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$0.20 per share to record holders of common stock at the close of business on August 24, 2023. This dividend will be paid on September 08, 2023.\nAlessandro Horta, Chief Executive Officer stated, \"Our second quarter 2023 results resonate the growth seen across the platform over the last twelve months. Vinci declared a quarterly dividend of US$0.20 per share and Adjusted Distributable Earnings of R$70.4 million, or R$1.30 per share in the quarter, an increase of 18% in our cash earnings per share year-over-year. As we enter a new easing cycle for interest rates, momentum is appealing for all our strategies. Vinci is very well positioned to take the most out of the market opportunity and we could not be more excited about the future ahead.\"\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 actual results, performance or developments to differ materially from those expressed or implied by such forward-looking statemen...