Release date: 26 October 2023
Promoter – Financial Intermediary
VINCI CAPITAL GESTORA DE RECURSOS LTDALocation
Description
The operation consists of an equity participation in Vinci Capital Partners IV (the ´Fund´), a generalist, closed ended private equity fund targeting investments in Brazilian companies to support their growth.
Additionality and Impact
The proposed operation consists of an equity participation in Vinci Capital Partners IV (the 'Fund'), a generalist closed-ended private equity fund focusing on Brazil. The Fund's investment thesis consists mainly in acquiring majority stakes in companies to support their growth strategies. The Fund will focus on (i) Healthcare, (ii) Education, (iii) Technology, media, and telecommunications (Digitalization), (iv) Financial and Business services, and (v) Consumer Goods & Retail. Those sectors are aligned with the Global Gateway core investments priorities.
The proposal is expected to contribute to EIB objectives outside the EU for private sector development and job creation.
The proposal is expected to support several Sustainable Development Goals (SDGs), SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation, and Infrastructure), SDG 3 (Good Health and Well-being), SDG 4 (Quality Education) and SDG 5 (Gender Equality).
The support of EIB is deemed fundamental for the Fund Manager to continue supporting Brazilian companies seeking to growth and create jobs in the country. Thanks to EIB, the Fund Manager has decided to commit to the 2X Challenge and EIB´s contribution is considered key due to the Bank´s leadership in gender equality.
Objectives
The operation consists of an equity participation in Vinci Capital Partners IV (the 'Fund'), a generalist closed-ended private equity fund focusing on Brazil. The Fund's investment thesis consists mainly in acquiring majority stakes in companies to support their growth strategies. The Fund will prioritize opportunities in the following sectors: (i) Healthcare, (ii) Education, (iii) Technology, media, and telecommunications (Digitalization), (iv) Financial and Business services, and (v) Consumer Goods & Retail. These sectors are aligned with the Global Gateway core investments priorities. The proposal is expected to support several Sustainable Development Goals (SDGs), SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation, and Infrastructure), SDG 3 (Good Health and Well-being), SDG 4 (Quality Education) and SDG 5 (Gender Equality).
Comments
N/A
Sector(s)
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
USD 52 million (EUR 49 million)
Total cost (Approximate amount)
USD 1000 million (EUR 927 million)
Environmental aspects
The fund's operational guidelines will provide for environmental and social due diligence of investee companies according to guidelines acceptable to the Bank.
Procurement
The fund is expected to comply with EIB's procurement guidelines.
Status
Signed - 28/06/2024
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).