Vinci Compass reported Q4 fee-related earnings of BRL 80.4 million (BRL 1.23/sh) and adjusted distributable earnings of BRL 81.3 million (BRL 1.24/sh). For full year 2025, fee-related earnings reached BRL 188.4 million (BRL 4.52/sh) with a 30.4% margin and ADE of BRL 292.4 million (BRL 4.58/sh). The board declared a $0.17 quarterly dividend payable April 2.

The December close of Verde added approximately BRL 16 billion in AUM and enabled the launch of the co-managed Vinci Verde FE Infra product. Early demand from intermediaries highlights expected cross-country collaboration benefits and broader distribution synergies in 2026.

Liquidity events including the Agibank IPO, delivering a 3.8x gross multiple and 35% IRR, and a planned CBO reverse IPO drove a record BRL 45 million of unrealized investment-related earnings. Management expects unrealized earnings to become a larger net-profit contributor in 2026 and is targeting low double-digit currency-adjusted AUM growth.

Total AUM rose to BRL 354 billion by year-end, driven by BRL 14 billion in Q4 capital formation and appreciation and BRL 42 billion for the full year, representing 13% growth. A BRL 2.8 billion separate account mandate with an Asian partner and a third sustainable finance mandate from BNDES underscore global investor interest and ESG credentials.