PREVI (Caixa de Previdência dos Funcionários do Banco do Brasil) was founded in April 1904 as the pension fund for Banco do Brazil employees. Today, it has four benefit plans and is one of the largest institutions in its segment in Latin America. With US$ 46 billion in assets, it is one of the largest institutional investors in the country and is therefore considered by the national supplementary pension agency to be a Systemically Important Entity for the Brazilian market.
Assets under Management (AuM):
Alternative Assets: 5%
“To provide efficient, secure and sustainable benefits payments to all members.” (Public Pension Fund)
GSR'23: 68% (9/10 Governance, 6/10 Sustainability, 2/5 Resilience), same as in 2022