Pension Fund

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Skandia Colombia

Skandia Colombia was established in 1953. It provides financial planning, savings products and investment services. Ownership transferred from Old Mutual to...

Skandia Colombia logo

Skandia Colombia

Skandia Colombia was established in 1953. It provides financial planning, savings products and investment services. Ownership transferred from Old Mutual to CMIG International Singapore in 2019. The firm allocates across public equities, private equity and real estate. Confirmed public positions include Bancolombia, Ecopetrol and ISA. It maintains a 7% allocation to private equity against an 8.5% target. Geographic focus centers on Colombia with additional exposure through Latin American private markets. Assets under management stand at $8.07B. The firm maintains membership in Asofondos and FIAP. It sponsored Congreso Asofondos in April 2024. Skandia Colombia runs four wholly owned operating subsidiaries through Skandia Holding de Colombia S.A. These include Skandia Pensiones y Cesantías, Skandia Seguros de Vida, Skandia Fiduciaria and Skandia Valores.

General information

Firm type

Pension Fund

Year founded

1953

Location

Region

South America

Country

Colombia

City

Bogota

Corporate office

Avenida 19 No. 109A - 30, Bogota, Colombia

Principals

Santiago García

CEO

Sector focus

Diversified

Frequently asked questions

Who runs investment decisions at Skandia Colombia?

Santiago García serves as CEO. Investment strategy follows a balanced mandate with documented targets for private equity and public markets.

Does Skandia Colombia participate in fund commitments or only direct deals?

The firm runs both fund commitments and direct holdings. Private equity exposure includes a 7% allocation with an 8.5% target.

Where does the underlying ownership come from?

CMIG International Singapore has owned Skandia Colombia since 2019. Prior ownership rested with Old Mutual from 2006 to 2019.

What asset classes receive allocation?

Public equities, private equity, real estate and insurance-linked products form the core mix. Real estate includes direct ownership of Torre 3 del Centro Empresarial Colpatria and headquarters property.

How is Skandia Colombia related to CMIG International Singapore?

CMIG International Singapore acquired full ownership in 2019 and serves as the parent entity.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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