Press release
VINCI PARTNERS TO EXPAND AGRIBUSINESS FOOTPRINT WITH THE ACQUISITION OF MAV CAPITAL
MAV Capital is an alternative asset manager focused on agribusiness with approximately R$550 million in assets under management in sector specific private
About this update from Vinci Compass Investments Ltd.
[{"type":"text","content":"MAV Capital is an alternative asset manager focused on agribusiness with approximately R$550 million in assets under management in sector specific private credit funds, led by a best-in-class and highly seasoned team with extensive experience in the sector;The transaction aims to consolidate Vinci's position across the agribusiness segment in Brazil, a substantially underserved segment by the investment industry;Brazil exhibits numerous competitive advantages and is currently recognized as a key global player, while locally agribusiness and related activities are a meaningful contributor to the country's GDP; The acquisition is aligned with Vinci's long-term growth plan, enabling Vinci to further expand its product offering by enhancing its credit segment and creating a dedicated vertical to the Agribusiness sector;RIO DE JANEIRO, April 25, 2024 /PRNewswire/ -- Vinci Partners Investments Ltd. (NASDAQ: VINP) (\"Vinci Partners,\" \"Vinci,\" \"we,\" \"us,\" or \"our\"), the controlling company of a leading alternative investment platform in Brazil, announced today an agreement (\"Transaction\") to acquire MAV Capital (\"MAV,\" \"Team\"), an alternative asset manager focused on the agribusiness segment in Brazil, with approximately R$550 million in assets under management.\n\n\"We are thrilled to announce this transaction and welcome the MAV team to our platform. We firmly believe that MAV's exceptional team will be a great addition to the platform and will act as a powerful catalyst to solidify our presence in the agribusiness landscape\" said Alessandro Horta, Vinci Partners' Chief Executive Officer and Director.\n\"The agribusiness impact in Brazil is substantial, with the country being recognized as a key global player and a major exporter, thanks to its competitive advantages like extensive fertile land and favorable climate conditions.\nAccess to credit poses a significant challenge for producers, driving them towards private credit and capital markets, which translates into a sizeable market opportunity to Vinci. Having a dedicated, first-class team with extensive experience and a proven track record deploying capital to the sector allows us to expand our franchise and tackle this opportunity. This transaction is aligned with Vinci's long-term goals of broadening its business lines and building leading franchises.\"\nFounded ...