AFP Prima

AFP Prima

AFP Prima was established in 2005 and is majority owned by Grupo Crédito S.A., itself controlled by Credicorp Ltd. The pension administrator collects contributions from Peruvian workers and deploys capital across public equities, private equity holdings, and infrastructure projects. The fund holds long equity positions in Aenza S.A.A. at 16.05 percent and Union Andina de Cementos at 5.03 percent. It participates in the Fideicomiso de Infraestructura vehicle and has exposure to Lima Metro Line 1. Additional private holdings include Maestro Home Center, Talma Servicios Aeroportuarios, and Cerámica Lima. Geographic focus remains Peru with limited external allocations. The firm employs 569 professionals at its San Isidro headquarters. It belongs to the Asociación de AFP and maintains a corporate responsibility program that supports financial education and carbon reduction initiatives. In October 2024 AFP Prima executives spoke at the Picton Latam Summit on pension investment regimes and alternative assets. Ownership by Credicorp creates a structural link to banking and insurance affiliates that supply custody, advisory, and risk management services. This integrated relationship shapes mandate execution and limits the use of external managers.