Skip to content

Industry News

Vinci Partners Raises US$250m via Nasdaq IPO

28 January 2021

Brazil-based Vinci Partners Investments raised US$250m in its IPO on the Nasdaq by offering 13.9m shares at US$18. The asset manager is now listed on the Nasdaq under the symbol VINP.

(Nasdaq) Vinci Partners Investments, a leading independent alternative asset manager in Brazil, raised $250 million by offering 13.9 million shares at $18, the high end of the range of $16 to $18.

Vinci Partners’ business segments, or strategies, include private equity, public equities, real estate, credit, infrastructure, hedge funds, and investment products. It also has a financial advisory business, focusing mostly on pre-IPO and M&A advisory services for Brazilian middle-market companies. As of September 30, 2020, Vinci Partners’ AUM was $8.7 billion.

Vinci Partners Investments plans to list on the Nasdaq under the symbol VINP. J.P. Morgan, Goldman Sachs, BTG Pactual, Itau BBA, BofA Securities, Credit Suisse and UBS Investment Bank acted as lead managers on the deal.

The article Brazilian asset manager Vinci Partners prices US IPO at $18 high end originally appeared on IPO investment manager Renaissance Capital’s web site

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital’s research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital’s Renaissance IPO ETF (symbol: IPO)Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned.