VINCI PARTNERS IMPACT AND RETURN STRATEGY ANNOUNCES INVESTMENT IN DM CARD
Vinci Partners Investments Ltd., the controlling company of a leading alternative investment platform in Brazil, announced today that “Vinci Impacto e Retorno IV”, or “VIR IV” (“the Fund”), the Impact family of funds managed by Vinci Partners’ Private Equity strategy, entered an agreement to invest a R$ 100 million in an investment round for the acquisition of a minority stake in DM Card, a fintech focused on credit to low income population and one of the main Private Label card issuers to retailers in Brazil.
