Vinci Seeks to Raise $1.1 Billion for Brazil Private-Equity Fund
Vinci Partners Investimentos Ltda., the Brazilian investment firm founded by former Banco Pactual SA executives, is seeking to raise as much as 2 billion reais ($1.1 billion) for a private-equity fund.
Vinci Capital Partners II F Fundo de Investimento em Participacoes plans to buy stakes in companies and take part in their management, according to a March 23 regulatory filing by the Rio de Janeiro-based company. The fund will have a 10-year term and may be extended for two years.
Vinci Partners, led by Gilberto Sayao, was created in 2009 with about 5 billion reais from its partners, according to the statement. Vinci has invested in Brazilian energy companies Equatorial Energia SA (EQTL3) and Light SA (LIGT3), as well as car-rental firm Unidas SA and Argentine soybean producer Grupo Los Grobo LLC. Last year, the company became the master franchisee for Burger King Holdings Inc. in Brazil.
To contact the reporter on this story: Francisco Marcelino in Sao Paulo at mdeoliveira@bloomberg.net
To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net
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