Press release
Vinci Partners Real Estate Industrial Development Fund (VFDL) Announces Second Investment
RIO DE JANEIRO, Brazil, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “we”, “us” or “our”), the
About this update from Vinci Compass Investments Ltd.
[{"type":"text","content":"RIO DE JANEIRO, Brazil, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “we”, “us” or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today the second investment for Vinci Fulwood FII (“the Fund” or “VFDL”), Vinci Partners’ industrial development strategy. VFDL has reached an agreement for the construction of a new industrial warehouse located in São João de Meriti, in the state of Rio de Janeiro. The team expects an investment of R$58 million for this development project, which alongside its first investment represents roughly 32% of the Fund’s total capital commitments raised to this date. Leandro Bousquet, partner and Head of Real Estate for Vinci Partners, said, “We are very pleased to announce our second development project for VFDL. When concluded, this industrial warehouse will be located close to one of the main highways in the state of Rio de Janeiro, one of Brazil’s most relevant consumer poles and the second largest logistic market in the country. Additional to this project, we have a pipeline of notable investment opportunities, placing VFDL in a unique position to generate the best returns for our limited partners.” 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. Forward-Looking Statements This press release contains forward-looking statements that can be ide...