This move places the Colombian government in direct competition with former AFPs.
Chilean executive takes over Colfondos presidency
His experience in the Chilean pension system was considered critical for dealing with the challenges of the new pension system approved in Colombia.
HMC secures over USD 500 million in commitments for Insight Partners’ Fund XIII
The increase in commitments from Latin American investors, especially in a challenging environment, reflects Insight’s leadership and positions the firm as a leading tech GP in the region, noted Ricardo Morales, co-founder and executive chairman at HMC.
Porvenir gets 48.1% of participants in ACCAI selection process
The process showed some correlation with AFPs’ percentage market share before approval of the pension reform.
CCR Monthly Approval Report – February 2025
A total of 13 products were added in the month from 10 different asset managers: Veritas, Credicorp Capital, Global X, Jupiter, RAMS, Bain Capital, Copenhagen Infrastructure Partners, I Squared Capital, One Equity Partners and Revcap.
Executive from Habitat appointed as president of the AAFP
Will Assume the position vacated by Giovanna Prialé, who has taken over the presidency of FIAP.
Brazilian international fund outflows surge amid recent exchange rate volatility
International investment funds faced net withdrawals of USD 2.4 billion in 2024. Yet, global credit and US equity strategies emerged as key opportunities, attracting demand from the institutional and the wealth channel.
Strong criticism of the pension reform from some AFPs
The bidding process for 10% of existing participants is one of the issues of most concern to players in this market.
Congress passes reform confirming the individually funded model
With the support of the main political forces, Congress finally passed the pension system reform. The reform raises contributions, confirms the role of AFPs and strengthens social protection.
CCR Monthly Approval Report – January 2025
Sponsors gaining approval were Schroders, Ishares, Invesco, Nomura, Pamlico and Permira.










