Vinci Compass has agreed to acquire a majority stake in Verde Asset Management, one of Latin America’s oldest and most prominent hedge fund managers, in a cash-and-stock transaction that deepens its presence in Brazil’s asset management market, according to a report by Reuters.
Under the terms of the deal, Vinci Compass will acquire 50.1% of Verde for 3.1 million Class A shares and 46.8 million reais ($8.8m) in cash. The remaining 49.9% stake will be purchased five years after closing through an earnout valued at BRL127.4m, payable in stock, cash, or a combination of both.
Founded and led by veteran fund manager Luis Stuhlberger, Verde manages roughly BRL16bn ($3bn) across hedge fund and multi-strategy portfolios. The acquisition will expand Vinci Compass’s total assets under management to over BRL300bn, reinforcing its position as one of Brazil’s leading independent investment platforms with exposure to hedge funds, private equity, and infrastructure.
Verde will continue to operate under an independent governance structure, with Stuhlberger remaining as CEO and taking on a partnership role within Vinci Compass.
In a statement, Vinci Compass said the addition of Verde “enhances our multi-strategy and pension plan offerings within Global Investment Products & Solutions, strengthening earnings quality and discretionary mandates.”
The transaction – first disclosed in July – is expected to close in Q4 2025, pending regulatory approval.