Vinci Compass (VINP) Q1 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, December 23, 2025 astatine 10:59 AM CST 36 min read

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Monday, May 12, 2025 astatine 5:00 p.m. ET

• Chief Executive Officer — Alessandro Horta

• Partner and Head of Private Equity, Technology, and Innovation — Bruno Zaremba

• Chief Financial Officer — Sergio Passos

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On results, Vinci Compass generated fee-related net of BRL65.7 million, oregon BRL1.04 per share, and adjusted distributable net of BRL62.3 million, oregon BRL0.98 per share, for the archetypal 4th of 2025. We declared a quarterly dividend of BRL0.15 connected the dollar per communal share, payable connected June 10th to shareholders of grounds arsenic of May 27th. With that, I'll crook the telephone implicit to Alessandro.

Alessandro Horta: Thank you, Anna. Good evening and convey you each for joining our call. We are precise pleased to articulation you contiguous arsenic we denote results for the archetypal 4th of 2025. Our archetypal afloat 4th operating arsenic Vinci Compass and a meaningful milestone marking six months since the palmy closing of our combination. During these six months, we person precocious importantly successful the integration of our combined platforms by fostering collaboration astatine each level, from operational synergies successful our bureau to the unification of expertise crossed absorption and commercialized teams. By bringing unneurotic complementary capabilities and divers perspectives, we person accelerated worth instauration and person been laying a beardown instauration for sustainable maturation crossed the short, medium, and agelong term.

Moving connected to our results, historically, the archetypal 4th tends to beryllium a quieter 4th for the industry. However, contempt seasonality, we delivered beardown fundraising results with BRL1.1 cardinal successful superior subscriptions during the quarter. This represents our astir progressive archetypal 4th successful caller years and reflects the increasing momentum of our combined platform. As highlighted successful our caller calls, recognition remains a cornerstone of our strategical focus. We are actively scaling aggregate initiatives crossed a wide scope of strategies and geographies, proceed to thin into areas wherever we clasp beardown conviction. It is nary coincidence that the conception was 1 of the main highlights this quarter.

We successfully completed the 2nd closing of our semipermanent backstage recognition money successful Peru, PEPCO II, raising much than BRL600 cardinal from Peruvian pension funds, security companies, and different organization LPs. Fundraising has besides been progressive crossed our opportunistic recognition fund, SPS4, and our agribusiness recognition fund, MAV III, some raising commitments this 4th and marking each fund's archetypal closing. This accomplishment underscores some the scalability of our level and our quality to present differentiated solutions crossed Latin America. FRE totaled BRL66 cardinal successful the archetypal quarter, up 22% year-over-year. Adjusted distributable net reached R$62 cardinal oregon BRL0.98 per share, up 26% and 6% year-over-year.