# AFP Cuprum

AFP Cuprum is a Pension Fund based in Santiago, Chile.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Santiago, Chile
- **Region:** South America
- **Address:** Bandera 236 Piso 6-7, Santiago, Chile
- **Founded:** 1981
- **Assets under management:** 33303 (Altss estimate)
- **Website:** www6.cuprum.cl
- **LinkedIn:** https://www.linkedin.com/company/cuprum-afp/

## Regulatory record

- **Reports private funds:** No

## About

AFP Cuprum is a Chilean financial services company. It was established in 1981. AFP Cuprum belongs to Principal Financial Group and manages pension funds with recognition for service, profitability, and expertise in sustainable and alternative investments.

## Sectors

- Infrastructure
- Real Estate
- Private Equity

## People

- Martin Mujica Ossandon — Chief Executive Officer
- Andres Garcia Lagos — Chief Investment Officer
- Pedro Atria Alonso — Chairman of the Board
- Paulina Nucamendi — Head of International Alternatives

## Questions

### Who runs investment decisions at AFP Cuprum?

Andres Garcia Lagos serves as chief investment officer. Paulina Nucamendi heads international alternatives. Decisions follow mandates set by the AFP regulatory framework.

### Does AFP Cuprum participate in fund commitments or only direct deals?

The firm commits to funds and holds limited partnership interests in vehicles such as Banchile Infrastructure Fund and international private equity portfolios. It also maintains direct equity positions in listed Chilean companies.

### What investment stages does AFP Cuprum typically target?

Cuprum targets mature infrastructure assets, listed equities, and established real estate income funds. It also allocates to secondaries and special situations through dedicated alternative programs.

### How is AFP Cuprum related to Principal Financial Group?

Principal Financial Group owns 97.97 percent of AFP Cuprum through Principal Chile Ltda. The relationship provides access to international investment platforms while Cuprum remains locally regulated.

### Where does the underlying capital come from?

Assets consist of mandatory and voluntary pension contributions from Chilean workers under the AFP system. No single family or corporate sponsor supplies the capital.

### What is AFP Cuprum's known posture on co-investments alongside external GPs?

Cuprum participates as a limited partner in infrastructure and private equity funds. It does not disclose active co-investment programs alongside external managers.

## Related profiles

- [Supplemental Pension Plan for Employees of the Québec Construction Industry](https://altss.com/profile/supplemental-pension-plan-for-employees-of-the-qu-bec-construction-industry)
- [Herald Investment Management Limited](https://altss.com/profile/herald-investment-management-limited)

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

Canonical page: https://altss.com/profile/afp-cuprum

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