tiprankstipranks
Vinci Partners reports Q3 adjusted EPS 19c, consensus 18c
The Fly

Vinci Partners reports Q3 adjusted EPS 19c, consensus 18c

Reports Q3 revenue R$112.72M from R$107M last year. Alessandro Horta, CEO, stated, “Vinci reached R$70B in AUM, posting an 8% year-over-year growth. Our efforts in raising capital for Private Market funds continue to boost our results in AUM and FRE numbers, with highlights this quarter to over half a billion reais in additional commitments, including the first coming from a global investor in our Credit Infra strategy. We also had some very exciting news since the end of the third quarter, as we announced the closing of our combination with Compass and the acquisition of Lacan. These transactions aren’t just milestones, they mark the beginning of a new era for Vinci Partners (VINP), officially establishing us as the gateway to alternative investments in Latin America. We believe these movements solidify Vinci’s status as a leading full-service player in Latin America, uniquely positioned to capitalize on the region’s high growth potential for alternative investments.”

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App