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Stock impact report

VINCI PARTNERS COMPLETES ACQUISITION OF MAV CAPITAL

Vinci Partners Investments Ltd. - Class A Common Shares (VINP) 
Company Research Source: PR Newswire
RIO DE JANEIRO, June 28, 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 that it has completed the previously announced acquisition of MAV Capital ("MAV", "Team"), an alternative asset manager focused on the agribusiness segment in Brazil.As a result of the closing, Vinci will add approximately R$550 million in assets under management, distributed mainly across two vintages in MAV's flagship strategy."We are thrilled to announce the closing of the acquisition of MAV Capital.", said Alessandro Horta, Vinci Partners' Chief Executive Officer and Director. "We are confident that the MAV team is a valuable addition to our platform, strengthening our presence in agribusiness. This transaction aligns with our long-term goals of expanding business lines and building leading franchises."Transaction OverviewThe Transaction, which Show less Read more
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