# AFAP Sura

AFAP Sura is a Pension Fund based in Montevideo, Uruguay.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Montevideo, Uruguay
- **Region:** South America
- **Address:** Montevideo, Uruguay
- **Founded:** 2001
- **Assets under management:** 21 (Altss estimate)
- **Website:** www.afapsura.com.uy
- **LinkedIn:** https://uy.linkedin.com/company/afapsura

## Regulatory record

- **Reports private funds:** No

## About

AFAP Sura was established in 2001 as a private pension fund administrator in Uruguay. Its immediate parent is Sura Asset Management and its ultimate parent is the Latin American conglomerate Grupo SURA. The firm operates an Accumulation Sub-fund and a Retirement Sub-fund that together manage worker contributions. Capital is allocated across fixed-income instruments, local infrastructure projects and real assets. Confirmed holdings include stakes in WTC Free Zone, Ferrocarril Central and the ANEP PPP Schools Project. Geographic exposure is concentrated in Uruguay with no disclosed positions outside the country. The firm participates in direct infrastructure investments rather than fund commitments. AFAP Sura employs an unknown number of professionals and maintains no additional offices beyond its Montevideo headquarters. It belongs to ANAFAP, the national association of pension administrators, and is a signatory of the Principles for Responsible Investment and the Partnership for Carbon Accounting Financials. No operational events from the last 24 months appear in available records. The firm sits inside the Sura Asset Management platform, which supplies investment infrastructure and governance oversight that a standalone Uruguayan pension administrator would otherwise lack.

## Sectors

- Infrastructure

## People

- Joaquín Idoyaga — President
- Bárbara Mainzer — Vice President and Independent Board Member
- Sebastián Peaguda — General Manager
- Santiago Hernández — Investment Manager

## Questions

### Who runs investment decisions at AFAP Sura?

Santiago Hernández serves as Investment Manager. Joaquín Idoyaga as President and Sebastián Peaguda as General Manager also participate in oversight of the portfolio.

### Does AFAP Sura participate in fund commitments or only direct deals?

The firm makes direct investments in Uruguayan infrastructure assets such as Ferrocarril Central and ANEP PPP Schools.

### Where does AFAP Sura deploy capital geographically?

All known investments are located inside Uruguay.

### How is AFAP Sura related to Sura Asset Management?

Sura Asset Management is the immediate parent company that provides investment and operational support.

### What industry associations does AFAP Sura belong to?

The firm is a member of ANAFAP and a signatory of PRI and PCAF.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/afap-sura

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology