# Afore Azteca Pension Scheme

Afore Azteca Pension Scheme is a Pension Fund based in Mexico City, Mexico.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Mexico City, Mexico
- **Region:** Latin America
- **Founded:** 2002
- **Assets under management:** 14900 (Altss estimate)
- **LinkedIn:** https://www.linkedin.com/company/afore-azteca

## Regulatory record

- **Reports private funds:** No

## About

Afore Azteca Pension Scheme was established to administer retirement benefits for Grupo Salinas employees. Ricardo Salinas Pliego controls the parent conglomerate that includes Grupo Elektra and TV Azteca. The scheme allocates across fixed income, real estate, and listed equities. Confirmed holdings include Thor Urbana CERPIs and positions in Vanguard and BlackRock ETFs. More than half the portfolio sits in Mexican government bonds. Geographic exposure remains concentrated in Mexico with limited international diversification through index products. The plan maintains membership in AMAFORE. It also supports Fundación Azteca, established in 1997. Francisco Tonatiuh Rodríguez Gómez was appointed CEO in February 2024. September 2024: Participated as panelist at IPEM Paris on Private Equity in Latin America. Governance flows through the parent Grupo Salinas structure with oversight from Consar. Investment decisions integrate ESG factors per the scheme's stated policy.

## Sectors

- Real Estate
- Fixed Income

## People

- Francisco Tonatiuh Rodríguez Gómez — CEO
- Alejandro Valenzuela del Río — Chairman of the Board

## Questions

### Who runs investment decisions at Afore Azteca Pension Scheme?

Francisco Tonatiuh Rodríguez Gómez serves as CEO. Alejandro Valenzuela del Río chairs the board. Decisions follow the regulatory framework set by Consar.

### What asset classes does Afore Azteca Pension Scheme hold?

The scheme invests in Mexican government bonds, real-estate CERPIs, and global ETFs. It also maintains exposure to commodities and Bitcoin.

### How is Afore Azteca Pension Scheme related to Grupo Salinas?

It operates as the corporate pension vehicle for employees of Grupo Salinas and its subsidiaries including Grupo Elektra.

### Does Afore Azteca Pension Scheme participate in alternative investments?

Yes. It holds a minority position in Thor Urbana CERPIs and maintains an art collection through Fomento Cultural Grupo Salinas.

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

Canonical page: https://altss.com/profile/afore-azteca-pension-scheme

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