Brazil’s Ministry of Regional Development has chosen Vinci Partners’ Infrastructure segment to manage its sustainable regional development fund (FDIRS).
The federal government hired BRL TRUST Investimentos, jointly with Vinci Partners, to manage the fund’s capital through different strategies, such as the structuring of partnerships between public and private players to develop sustainable infrastructure projects in Brazil.
To support these projects, Vinci said it can establish guarantee instruments that should have commitments from FDIRS and other private players.
The fund also could invest in other infrastructure funds focused on sustainable development.
The commitment will start at about R$750 million ($143), which is expected to activate near the end of fourth quarter 2022. The mandate has a significant potential to grow, considering its predetermined hard cap to invest as much as R$11 billion ($2 billion), as the team originates investment oppo