Ares Management Corporation and Vinci Partners Investments Ltd. announced that they have reached an agreement to form a strategic partnership to accelerate the growth of Vinci's platform in Latin America and to collaborate on distribution, product development and other business opportunities (the "Strategic Partnership"). In connection with the formation of the Strategic Partnership, an affiliate of Ares will currently make a USD 100 million investment in new convertible preferred shares to be issued by Vinci (the "Investment"), subject to customary closing conditions. Together, Ares and Vinci plan to primarily collaborate across three strategically accretive areas: Strategic Distribution: Ares and Vinci will collaborate on fundraising to seek to broaden each of the respective company's limited partner relationship networks within Brazil and globally.

New Product Development and Investment Collaboration: Ares and Vinci will explore launching co-branded products and investment strategies that leverage each platform's unique capabilities. Additionally, Ares and Vinci will collaboration on new investment opportunities in Latin America that could be suitable for the companies' respective investment strategies. Implementation of Operational and Strategy Best Practices: Ares will provide Vinci with strategic guidance on investment strategy, investor relations, business operations, pursuit of strategic initiatives and other related functions with the goal of driving continued growth of the platform.

In connection with the Investment and in order to drive success of the Strategic Partnership and connectivity between the platforms, a representative from Ares will be appointed to the Vinci Board of Directors. Vinci intends to use the proceeds from the Investment for strategic initiatives, including ongoing organic growth efforts as well as potential complementary inorganic opportunities within Brazil and broader Latin America. Consummation of the Investment and the formation of the Strategic Partnership is subject to the satisfaction of customary closing conditions.

Vinci expects the formation of the Strategic Partnership and the issuance of the convertible preferred shares to occur in late October 2023. Vinci Partners Investor Day on October 11, 2023. Vinci's senior management team will discuss the Strategic Partnership as part of its first Investor Day to be held in New York City on October 11, 2023 at 8:30 AM ET.

Registration for on-site attendance is required.