Ana Castro
Investor Relations Manager
Replay available
Vinci Compass Investments Ltd. (NASDAQ: VINP) Q1 2026 earnings conference call, held 2026-05-11. Replay captured from the company's public earnings webcast.

Investor Relations Manager
Chief Executive Officer
President of Finance and Operations
Chief Financial Officer
Analyst, BTG Pactual
Analyst, Goldman Sachs
Analyst, JP Morgan
Good afternoon and welcome to Vinci Compass first quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session and instructions will follow at that time. As a reminder, this call will be recorded. I will now like to turn the conference over to Ana Castro Investor Relations Manager. Please go ahead, Ana. Thank you and good evening, everyone. Joining us today are Alessandro Horta, Chief Executive Officer, Bruno Zaremba, President of Finance and Operations, and Sérgio Passos, Chief Financial Officer. Earlier today, we issued a press release, slide presentation, and our financial statements for the first quarter of 2026. which are available on our website at ir.vincicompass.com. I'd like to remind you that today's call may include forelooking statements, which are uncertain and outside of the firm's control and may differ from actual results materially. We do not undertake any duty to update these statements. For discussion of some of the risks that could affect results, please see the risk factors section of R20S. We will also refer to certain non-gap measures and new fine reconciliations in the release. Also note that nothing on this call constitutes an offer to sell or solicitation of an offer to purchase an interest in any Vinci Compass fund. On results for the first quarter of 2026, Vinci Compass generated fee-related earnings of R$ 96.3 million, or R$ 1.47 per share, FRE margin of 35.4%, and adjusted distributable earnings of R$ 62.2 million, or R$ 0.95 on the real per share. we declare a quarterly dividend of 17 cents on the dollar per common share, payable on June 8th to shareholders of record as of May 25th. With that, I'll turn the call over to Alessandro. Thank you, Ana, a...