Vinci Compass Investments Ltd. is acquiring a controlling stake in Verde Asset Management, a Brazilian asset manager founded by Luis Stuhlberger. Stuhlberger will join Vinci as a partner and remain CEO/CIO of Verde. The deal will consist of two phases, with Vinci paying 50.1% of Verde's shares in the first phase and the remaining shares in the second phase, contingent on revenue targets and customary conditions. The sale comes amid heavy outflows from the hedge fund industry due to high interest rates and tax law changes.
Vinci Compass Investments Ltd. (NASDAQ: VINP) has announced the acquisition of a 50.1% stake in Verde Asset Management, a Brazilian asset manager founded by Luis Stuhlberger. The deal, which will consist of two phases, is expected to be immediately accretive to Vinci Compass' earnings per share on a double-digit basis
VINCI COMPASS ANNOUNCES ACQUISITION OF 50.1% STAKE IN VERDE ASSET MANAGEMENT, BUILDING THE REGION'S LEADER IN GLOBAL AND LOCAL ASSET ALLOCATION[1].
The first phase of the transaction involves Vinci Compass acquiring 50.1% of Verde's shares, with a total consideration of 3.1 million new Class A common shares and R$46.8 million in cash. This will be paid in two installments, with the first installment at closing and the second installment after two years, contingent on revenue targets and other customary conditions
VINCI COMPASS ANNOUNCES ACQUISITION OF 50.1% STAKE IN VERDE ASSET MANAGEMENT, BUILDING THE REGION'S LEADER IN GLOBAL AND LOCAL ASSET ALLOCATION[1].
In the second phase, Vinci Compass will acquire the remaining 49.9% of Verde's shares, with a consideration payable in new Class A common shares and/or cash at Vinci Compass' discretion, valued at R$127.4 million. This will occur after five years from the closing of the transaction
VINCI COMPASS ANNOUNCES ACQUISITION OF 50.1% STAKE IN VERDE ASSET MANAGEMENT, BUILDING THE REGION'S LEADER IN GLOBAL AND LOCAL ASSET ALLOCATION[1].
Luis Stuhlberger, recognized as one of Brazil's leading voices in asset allocation, will join Vinci Compass as a partner. He will continue to serve as Verde's CEO and CIO, preserving the team's day-to-day autonomy while benefiting from Vinci Compass' broader platform
VINCI COMPASS ANNOUNCES ACQUISITION OF 50.1% STAKE IN VERDE ASSET MANAGEMENT, BUILDING THE REGION'S LEADER IN GLOBAL AND LOCAL ASSET ALLOCATION[1].
The acquisition is expected to close in the fourth quarter of 2025, subject to regulatory approvals and other customary closing conditions
VINCI COMPASS ANNOUNCES ACQUISITION OF 50.1% STAKE IN VERDE ASSET MANAGEMENT, BUILDING THE REGION'S LEADER IN GLOBAL AND LOCAL ASSET ALLOCATION[1].
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