Bank / Wealth / TrustRIA · CRD 163006Exempt Reporting AdviserPrivate Fund Adviser

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Vinci Gestora de Recursos

Vinci Compass is a premier partner for alternative investments and global solutions in Latin America. With nearly three decades of experience and twelve...

Vinci Gestora de Recursos logo

Vinci Gestora de Recursos

Vinci Compass is a premier partner for alternative investments and global solutions in Latin America. With nearly three decades of experience and twelve offices across Latin America and the United States, its expertise spans Private Equity, Credit, Real Estate, Infrastructure, Forestry, Equities, Global Investment Products and Solutions, and Corporate Advisory. Each segment is led by specialized teams committed to excellence in investment and advisory services.

General information

Firm type

Bank / Wealth / Trust

Year founded

2009

Location

Region

Latin America

Country

Brazil

City

Rio de Janeiro

Corporate office

Rio de Janeiro, Brazil

Additional offices

São Paulo, Brazil · New York, NY, United States

Principals

Alessandro Horta

Chief Executive Officer

Gilberto Sayão

Founder

José Guilherme Lembo

Partner, Private Equity

Sector focus

Private EquityPrivate CreditInfrastructureReal EstatePublic EquitiesHedge Funds

Frequently asked questions

Who runs investment decisions at Vinci?

Private equity decisions run through a committee led by partner José Guilherme Lembo and founder Gilberto Sayão. The firm operates a sector-specialist model, with dedicated managing partners overseeing each vertical — infrastructure, private credit, real estate, and liquid strategies — each maintaining independent investment committee authority within mandate parameters.

How does Vinci source proprietary deal flow?

Vinci sources through founder Gilberto Sayão's three-decade network built at BTG Pactual and predecessor institutions, combined with a mid-market focus that avoids auction processes dominated by global firms. The firm's infrastructure practice originates projects through Brazilian concession rounds and public-private partnerships, while private equity emphasizes succession-driven family businesses that require a full-service capital markets partner rather than a simple financial sponsor.

Is Vinci structured as an asset manager or does it operate more like a holding company?

Vinci Partners, the parent, is a publicly listed Delaware corporation trading on Nasdaq. It operates as a conventional asset manager with distinct fund vehicles and limited-partner relationships, not a permanent-capital holding company. All investment strategies deploy third-party institutional capital through commingled funds, separate accounts, and co-investment vehicles.

What is Vinci's known posture on co-investments alongside external GPs?

Vinci accepts co-investments from its own limited partners and selectively from sovereign and development-finance institutions, particularly in infrastructure projects. In 2021, Ares Management took a minority equity stake in Vinci Partners and entered a distribution agreement, creating a preferred co-underwriting relationship for certain North American-sourced mandates while leaving investment decision-making with Vinci's Rio-based committees.

How is Vinci's public listing structured relative to its Brazilian investment operations?

Vinci Partners Ltd. is the Nasdaq-listed parent, controlling Vinci Gestora de Recursos, the Brazilian operating entity regulated by the CVM. The structure separates US public-company governance and SEC reporting obligations from Brazilian investment management operations, with the listed entity receiving management fees, performance fees, and GP commitments as its primary revenue streams. This architecture was established through the 2021 SPAC merger with Glenn Fuhrman's vehicle.

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