# Bankia Pensiones Bankia Pensiones is a Pension Fund based in Madrid, Spain. ## Overview - **Organization type:** Pension Fund - **Headquarters:** Madrid, Spain - **Region:** Europe - **Address:** Madrid, Spain - **Assets under management:** Undisclosed - **Website:** http://www.bankia.com/es/quienes-somos/areas-de-negocio/gestion-de-activos ## Regulatory record - **Reports private funds:** No ## About Bankia Pensiones operated as the private pension arm of the Bankia financial group, founded after the 2010 merger of seven Spanish savings banks created the parent institution. The pension manager's board was chaired by Joaquín Vilar, with Augusto Caro serving as Chief Executive, and its governance sat within a banking group that was itself nationalized during Spain's financial crisis before eventually returning to private control. The fund's mandate balanced public-market exposure with private-markets allocations, including buyout funds, growth equity, secondaries, and real assets. As a member of Inverco, the Spanish investment and pension fund association, and Eurosif, the European Sustainable Investment Forum, Bankia Pensiones signaled alignment with institutional ESG frameworks. Specific portfolio holdings were not publicly enumerated, though the asset-class mix mirrored the allocation patterns typical of mid-tier European pension capital deploying through fund-of-funds structures. In March 2021, CaixaBank completed its acquisition of Bankia, creating Spain's largest domestic bank. By late 2021, VidaCaixa—the insurance and pension subsidiary of CaixaBank—absorbed Bankia Pensiones through a formal merger by absorption, leading to the administrative extinction and cancellation of the Bankia Pensiones entity. Legacy contracts and assets moved to VidaCaixa, which now manages those commitments alongside its own pension book exceeding €100 billion. The structural differentiator here is not operational but historical: Bankia Pensiones represents a pension consolidation event inside a broader Spanish banking rationalization. Allocators tracking counterparty continuity on legacy fund commitments should now engage VidaCaixa's alternatives team. For vintage analysis, the extinction date anchors due-diligence timelines on any outstanding capital calls or clawback provisions still linked to the original signature. ## Sectors - Secondaries & Special Situations - Private Credit - Real Estate - Infrastructure ## People - Joaquín Vilar — Chairman of the Board - Augusto Caro — Chief Executive ## Questions ### Does Bankia Pensiones still exist as a standalone entity? No. Bankia Pensiones was absorbed by VidaCaixa, SAU, de Seguros y Reaseguros in December 2021 through a merger by absorption, a process that legally extinguished the entity. All legacy pension contracts and assets transferred to VidaCaixa, the insurance and pension subsidiary of CaixaBank. Any allocator with outstanding capital commitments originally made through Bankia Pensiones should now interface with VidaCaixa's institutional team for ongoing administration. ### Who ran investment decisions at Bankia Pensiones prior to the absorption? The board was chaired by Joaquín Vilar, with Augusto Caro serving as Chief Executive. Day-to-day investment decisions operated within a governance framework set by the parent bank, Bankia, SA, which retained ultimate control over asset-allocation policy and manager selection until the CaixaBank merger closed in March 2021. Specific internal investment committee members were not publicly disclosed. ### How is Bankia Pensiones related to CaixaBank and VidaCaixa? Bankia, SA, the pension fund's parent bank, merged into CaixaBank in March 2021 after a long consolidation process that followed Spain's financial crisis. Later that year, CaixaBank's insurance and pension subsidiary, VidaCaixa, absorbed Bankia Pensiones as part of a broader integration designed to eliminate redundant pension entities and capture operational efficiencies. VidaCaixa now holds the legacy Bankia Pensiones book alongside its own dominant Spanish pension franchise. ### Who should allocators contact for legacy commitments originally signed with Bankia Pensiones? VidaCaixa's institutional client and alternatives teams now administer any surviving commitments, capital calls, or reporting obligations tied to the legacy Bankia Pensiones portfolio. Allocators should locate the specific VidaCaixa relationship manager assigned to the transferred book, as individual counterparty records migrated during the 2021 absorption process. Direct Bankia Pensiones contacts are no longer operational. ## Related profiles - [Bankhaus Ellwanger & Geiger](https://altss.com/profile/bankhaus-ellwanger-geiger) - [Bankoh Advisors](https://altss.com/profile/bankoh-advisors) --- Updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/bankia-pensiones Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology