Vinci Compass Drives Growth with Latin America Deal-Making and Fee Gains
Vinci Compass reported R$88.7 million in fee-related earnings for the quarter, up 36% year over year, alongside R$13 billion in capital formation and appreciation. The firm combined with BACS Asset Management in Argentina and agreed to acquire Navi’s real estate platform, with about R$800 million in assets under management. The deal closed ahead of schedule on September 1 and the portfolio includes four Brazilian exchange REITs.