Banco Nacional de Desenvolvimento Econômico e Social (BNDES) has earmarked a total of R$1 billion ($195 million) in capital commitments for Vinci Climate Change (VICC) and Vinci Credit Infra, strategies managed by Vinci Partners Investments, the controlling company of an alternative investment platform in Brazil.
Vinci Climate Change and Vinci Credit Infra funds are part of the company’s target fundraising pipeline of R$10 billion ($1.9 billion) in private market funds over the next 12 to 18 months.
VICC is a new vintage in the firm’s infrastructure segment, a pioneer strategy in Latin America dedicated to renewables generation, water and sewage, and innovative green technologies, meeting various international climate change objectives measured by its proprietary framework, seeking compelling risk-adjusted returns.
Vinci Credit Infra is a new vintage within the firm’s credit segment that aims to invest in incentivized infrastructure debentures, focusing o