Porvenir is an administrator of pension and severance funds set up in 1991, as a severance fund only. However, in 1994, an alliance was established with AFP Provida S.A. of Chile, at the time the largest pension administrator in that country, to enter into operation with a private fund of mandatory pensions. Provida maintained its 20% stake in Porvenir until September 2003. Currently, Porvenir manages a Voluntary Pension Fund, Mandatory Pension Funds and Unemployment Funds, as well as Autonomous Patrimonies. Porvenir is part of Grupo AVAL, one of the most important financial multinationals in the country.
Headquarters
Carrera 13 No. 26 A - 65
Bogota D.C.; Bogota D.C;
Contact Details: Purchase the PORVENIR S.A. report to view the information.
Website: http://www.porvenir.com.co
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