Vinci Partners Investments Ltd. (NASDAQ:VINP) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET

Company Participants

Anna Castro - Investor Relations Manager

Alessandro Horta - Chief Executive Officer

Bruno Zaremba - Private Equity Chairman and Head of Investor Relations

Sergio Passos - Chief Financial Officer

Conference Call Participants

Ricardo Buchpiguel - Banco BTG Pactual

Pedro Leduc - Itaú BBA

Beatriz Abreu - Goldman Sachs

Operator

Good afternoon, and welcome to the Vinci Partners Third Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode. Later, we'll conduct a question-and-answer section, and instructions will follow at that time. As a reminder, this call will be recorded.

I would now like to turn the conference over to Anna Castro, Investor Relations Manager. Please go ahead, Anna.

Anna Castro

Thank you, and good afternoon, everyone.

Joining today are Alessandro Horta, Chief Executive Officer; Bruno Zaremba, Private Equity Chairman and Head of Investor Relations; and Sergio Passos, Chief Financial Officer.

Earlier today, we issued a press release, slide presentation in our financial statements for the quarter, which are available on our website at ir.vincipartners.com.

I'd like to remind you that today's call may include forward-looking statements, which are uncertain and outside of the fund's control and may differ from actual results materially. We do not undertake any duty to update these statements. For a discussion of some of the risks that could affect results, please see the Risk Factors section of our 20-F.

We will also refer to certain non-GAAP measures and you'll find the reconciliations in the release.

Also note that nothing on this call constitutes an offer to sell or solicitation of an offer to purchase an interest in any Vinci Partners fund.

On results, Vinci generated fee-related earnings of R$51.3 million or R$0.95 per share, and distributable earnings of R$51.8 million or R$0.96 per share for the third quarter 2023. We declared a quarterly dividend of $0.17 on the dollar per common share payable on December 7 to shareholders as of record as of November 22.

With that, I'll turn the call over to Alessandro.

Alessandro Horta

Thank you, Anna. Good afternoon, and thank you all for joining our call. We are very pleased to join you today as we announce results for the third quarter of 2023.

In my opening remarks, I'd like to cover some important topics before Bruno and Sergio go further deep into details on results for the quarter.