Grupo SURA hereby announces that it has set up a new private equity firm, domiciled in Luxembourg, called AM SURA SICAV; whose corporate purpose is to invest in and manage transferable securities and financial products.
Grupo SURA shall hold an indirect 100% stake in this new company, through its subsidiary SURA Asset Management Chile S.A., which made the initial capital investment required in the amount of € 31,000. The start-up of operations of AM SURA SICAV is subject to obtaining due authorization from the respective authorities in both Colombia and Luxembourg.
This new vehicle shall allow SURA Investment Management (a subsidiary of SURA Asset Management), an expert player in providing asset management services for institutional clients, to strengthen and complement its international operations by offering its clients an investment platform specially focused on Latin America.