Vinci to acquire Verde for BRL177.3m.

Vinci, a platform of alternative investments, agreed to acquire Verde, a Brazilian investment management firm, for BRL177.3m. "Joining Vinci Compass is a compelling growth opportunity for Verde and our clients. The combination brings together Verde's multi-decade multi-strategy franchise with Vinci Compass' pan-regional distribution and depth in alternatives, creating a broader platform for performance and product innovation, while maintaining our investment independence. We see immediate potential to widen access to our strategies across high-net-worth and intermediaries' channels, deepen relationships with Brazilian institutions and co-develop new solutions that sit at the intersection of multi-strategy and alternatives," Luis Stuhlberger, Verde Chief Executive Officer.