Vinci Partners Investments Ltd. (NasdaqGS:VINP) is looking for acquisitions. Bruno Sacchi Zaremba, Chairman of Private Equity and Head of Investor Relations said, "And we're seeing the environment in Brazil and in the region very favorably from an M&A standpoint, right? So there are some structural changes happening in Brazil with the change in dividend taxation.

We feel that there is a significant consolidating trend to go alongside with that in several areas that, for instance, the Andre mentioned on the REIT side, other strategies that will eventually be also interesting for us from an M&A standpoint outside of Brazil, in other markets in Latin America. So what we felt was that we don't know exactly when we're going to have the need for that capital. But we felt very strongly that having the capital in the balance sheet now will put us in a relatively strong position to take advantage of those M&A opportunities.

So I would expect if everything goes according to plan, most of that capital, the capital infusion from Ares to be used in M&A. And hopefully, we can apply the capital in the coming, let's say, 2 years". Alessandro Monteiro Morgado Horta, CEO said, "I think the main point, the message is that we thought that was a perfect timing to build a war chest now that we expect the M&A activity, at least the opportunities that we are seeing for several different reasons, both to go deeper in our own strategies even in Brazil, if it's necessary, but also in Latin America, we are seeing there is a lot of opportunities. So we expect, of course, it's difficult to predict exactly, but the majority of this capital that we are receiving from Ares will be used in M&A".