VINCI COMPASS REPORTS THIRD QUARTER 2025 EARNINGS RESULTS
Earnings Report: Vinci Compass Investments Ltd. reported a 32% FRE margin for Q3 2025, with R$77.1 million in Fee Related Earnings and R$73.1 million in Adjusted Distributable Earnings.
Acquisition Announcement: The company announced the acquisition of Verde Asset Management, enhancing its leadership in Latin America and expanding its investment capabilities.
Dividend Declaration: Vinci Compass declared a quarterly dividend of US$0.15 per share, payable on December 9, 2025, to shareholders recorded by November 24, 2025.
Company Overview: Vinci Compass is a leading alternative investments provider in Latin America, managing R$316 billion in assets as of September 2025, with operations across various investment sectors.
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- Market Opening Expectations: According to IG data, the UK's FTSE and Germany's DAX are expected to open 0.25% lower, while France's CAC 40 and Italy's FTSE MIB are anticipated to open flat, reflecting cautious sentiment ahead of earnings reports.
- Earnings Report Day: Today, several companies including Shell, BBVA, and BNP Paribas are set to release their earnings, with market participants closely monitoring these reports for potential impacts on stock prices amid the current economic climate.
- Central Bank Policy Decisions: Both the European Central Bank and the Bank of England are due to announce their latest monetary policy decisions today, with expectations that neither will change their current interest rate positions, which could influence investor sentiment.
- Global Market Volatility: Global markets have faced turbulence this week, with Wall Street experiencing a second consecutive day of losses, particularly due to a sell-off in software stocks, prompting investors to watch for Amazon's upcoming earnings report to gauge market trends.

- Acquisition Completed: Vinci Compass has finalized the acquisition of a 50.1% stake in Verde Asset Management, adding approximately R$16 billion in assets under management, significantly enhancing its Global Investment Products & Solutions portfolio and competitive positioning in the market.
- Transaction Structure: The deal is structured in two phases, with the first phase involving payment through newly issued VINP Class A common shares and cash, while the second phase will see the acquisition of the remaining 49.9% stake five years later, reflecting the company's confidence in future revenue growth.
- Financial Impact: The transaction is expected to be immediately accretive on a double-digit basis to free cash flow per share and low-to-mid single-digit accretive to distributable earnings per share, further enhancing the company's profitability and investment appeal.
- Strategic Partnership: This acquisition establishes Verde as a foundational element of Vinci Compass's multi-strategy platform, reinforcing its role as a partner of choice for clients' global and local allocation needs, thereby driving long-term growth potential.

Earnings Report Overview: Vinci Compass Investments Ltd. reported a disappointing quarterly earnings miss, with revenue of R$241m falling 4.4% short of expectations and EPS of R$0.74 being 47% below forecasts.
Analyst Forecasts: Following the earnings report, analysts predict a revenue increase to R$1.14b in 2026, with EPS expected to rise 105% to R$5.67, indicating improved sentiment despite unchanged revenue estimates.
Price Target Stability: The consensus price target for Vinci Compass Investments remains at US$13.39, suggesting that the improved earnings outlook is not expected to significantly impact long-term shareholder value.
Industry Comparison: Vinci Compass Investments is forecasted to grow revenues at a rate of 15% annually, outpacing the 6.9% growth expected for similar companies in the industry, highlighting its stronger growth potential.
Earnings Report: Vinci Compass Investments Ltd. reported a 32% FRE margin for Q3 2025, with R$77.1 million in Fee Related Earnings and R$73.1 million in Adjusted Distributable Earnings.
Acquisition Announcement: The company announced the acquisition of Verde Asset Management, enhancing its leadership in Latin America and expanding its investment capabilities.
Dividend Declaration: Vinci Compass declared a quarterly dividend of US$0.15 per share, payable on December 9, 2025, to shareholders recorded by November 24, 2025.
Company Overview: Vinci Compass is a leading alternative investments provider in Latin America, managing R$316 billion in assets as of September 2025, with operations across various investment sectors.
Investor Day Announcement: Vinci Compass Investments Ltd. is hosting its second Investor Day in New York City, where senior management will present the company's strategic vision and engage in a Q&A session with investors and analysts.
Company Overview: Vinci Compass is a leading alternative investments and global solutions provider in Latin America, managing R$304 billion in assets as of June 2025, with expertise across various investment sectors including Private Equity, Credit, and Real Estate.

Transaction Overview: Vinci Compass will acquire a 50.1% stake in Verde Asset Management, a leading Brazilian multi-strategy asset manager, with plans to acquire the remaining 49.9% after five years. The deal is structured in two phases, with an initial payment of shares and cash, and an earnout based on performance.
Strategic Benefits: The acquisition will enhance Vinci Compass' asset management capabilities by adding R$16 billion in assets under management, improving their product offerings, and leveraging Verde's established brand and expertise to drive growth and innovation in investment strategies across Latin America.






