Banesprev

Banesprev

Banesprev was founded on February 17, 1987 as a non-profit closed supplementary pension entity. Its primary sponsor is Banco Santander (Brasil) S.A., which replaced the original Banco Banespa relationship. The fund provides retirement and social-security benefits to employees and their families. Banesprev allocates across real-estate funds and private-credit instruments. Confirmed holdings include Rio Bravo Renda Corporativa (FFCI11), RB Capital FII, and Vinci Fundo de Investimento Imobiliário Crédito Privado II. All positions sit inside Brazil. The fund also maintains a participant-loans portfolio. The entity reports nearly 30,000 participants across its twelve plans. It maintains membership in ABRAPP and ICSS. No additional offices or recent operational events from the last 24 months appear in available records. Banesprev functions as a sponsor-specific closed pension fund rather than an open multi-employer vehicle, which restricts participation to the defined employee group tied to its historical Banco Banespa and current Santander relationship.