FINPRO, founded in 2012, was constituted with US$1.2 billion, composed of a non-refundable transfer of US$600 million and a US$600 million loan from the Central Bank of Bolivia. At the time, Bolivia had a record high of US$ 12 billion in reserves (roughly 50% of GDP). The Fund was to have a life of 30 years and designed to finance productive enterprises of the State that generate surpluses and employment carried out by public companies or others that are formed with majority State participation.
Assets under Management (AuM):
Alternative Assets: 100%
“To finance the investment of productive enterprises of the State that generate surpluses.” (Strategic Fund)
28% (4/10 Governance, 3/10 Sustainability, 0/5 Resilience) in 2022 (first year of assessment).