Vinci Partners reached a BRL384m second close for Vinci Infraestrutura Água e Saneamento Fundo de Participações em Infraestrutura (VIAS) fund, which will focus on investing private capital into the privatization of state-owned companies that provide water and sewage services for the Brazilian population.
(Vinci Partners) RIO DE JANEIRO, Brazil, Aug. 24, 2021 (GLOBE NEWSWIRE) — Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “we”, “us”, or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today the closing of R$127.7 million in capital commitments for “Vinci Infraestrutura Água e Saneamento Strategy Fundo de Investimento em Participações em Infraestrutura”, or “VIAS”, a fund managed by the Vinci Partners Infrastructure strategy.
VIAS is a private equity style fund focused on investing private capital into the privatization of state-owned companies and concessions that provide water and sewage services for the Brazilian population. This fundraising marks the second closing for the VIAS strategy, which has raised so far approximately R$384 million and expects to raise up to R$1.0 billion in capital commitments.
José Guilherme Souza, partner and Head of Infrastructure for Vinci Partners, said, “Our team is very pleased with this successful second closing for VIAS. We believe there is a great opportunity to deploy capital in the sector, as new privatizations and concessions are announced by the government. We are confident that with the pipeline of assets ahead of us, we are well positioned to deliver strong returns to our investors.”
About Vinci Partners Infrastructure
Our infrastructure core plus strategy seeks to have exposure to real assets related to physical infrastructure, through investments in equity and debt instruments across several sectors, including but not limited to power generation and transmission, transportation and logistics, and water & sewage. The infrastructure team aims control or control-oriented positions in brownfield and greenfield opportunities and employs active hands-on management of assets and operations.
About Vinci Partners
Vinci Partners is a leading alternative investment platform in Brazil, established in 2009. Vinci Partners’ business segments include private equity, public equities, real estate, credit, infrastructure, hedge funds, and investment products and solutions, each managed by dedicated investment teams with an independent investment committee and decision-making process. We also have a financial advisory business, focusing mostly on pre-initial public offering, or pre-IPO, and merger and acquisition, or M&A, advisory services for Brazilian middle-market companies.
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