SovereignWealthFunds.comSovereign wealth funds in Latin America and Caribbean
We group every entity into one of seven regions. The counts are: Asia 46, North America 43, Africa 38, Europe 35, Middle East 34, Latin America and Caribbean 21, and Australia and Pacific 14.
The regions look very different once you look inside them. North America's count is mostly state and provincial funds: 37 of its 43 entities are sub-national. The Middle East includes several funds that sit near the top of most published size lists, and several of those do not publish their size. Africa has many young funds and 9 of its 38 entities are still proposed or not yet operating. Membership of the International Forum of Sovereign Wealth Funds also varies: 8 African entities are full members, and 2 in North America.
Each region page has a sortable table, the transparency picture for the region, the newest funds, and links to every country page. We also have dedicated pages for the Gulf, Africa and Asia.
Funds in Latin America and Caribbean (21)
| Fund | Country | Type | Size, as published | Transparency | Founded |
|---|---|---|---|---|---|
| Pension Reserve Fund (Fondo de Reserva de Pensiones) | Chile Latin America and Caribbean | Pension reserve fund | USD 10.71B Fund market value, | 9.0 | 2006 |
| Budgetary Income Stabilization Fund | Mexico Latin America and Caribbean | Stabilisation fund | MXN 136.6B Fund market value, | 5.5 | 2000 |
| Heritage and Stabilisation Fund (Trinidad and Tobago) | Trinidad and Tobago Latin America and Caribbean | Stabilisation fund | USD 6.25B Net assets or equity, | 9.0 | 2007 |
| Savings and Stabilization Fund (FAE), Colombia | Colombia Latin America and Caribbean | Stabilisation fund | USD 4,588.5M Total assets (balance sheet), | 5.5 | 2012 |
| Natural Resource Fund (Guyana) | Guyana Latin America and Caribbean | Savings and future generations fund | USD 4.29B Fund market value, | 8.5 | 2019 |
| Economic and Social Stabilization Fund (FEES), Chile | Chile Latin America and Caribbean | Stabilisation fund | USD 3,885.14M Fair value of state company holdings, | 9.0 | 2007 |
| Fiscal Stabilization Fund of Peru | Peru Latin America and Caribbean | Stabilisation fund | USD 3,214.38M Fund market value, | 8.0 | 1999 |
| Fondo de Ahorro de Panama (Panama Savings Fund) | Panama Latin America and Caribbean | Savings and future generations fund | B/. 3,084.8M (USD 3.08B) Net assets or equity, | 9.5 | 2012 |
| Fund for the Productive Industrial Revolution (FINPRO) | Bolivia Latin America and Caribbean | Strategic development fund | USD 1.2B initial capital Committed or authorised capital, | 2.0 | 2012 |
| Mexican Petroleum Fund for Stabilization and Development | Mexico Latin America and Caribbean | Savings and future generations fund | USD 1,192.3M Fund market value, | 8.0 | 2013 |
| Fundo Soberano do Estado do Espirito Santo (FUNSES) | Brazil (Espírito Santo) Latin America and Caribbean | Strategic development fund | R$ 2.93B Fund market value, | 7.5 | 2019 |
| Marica Sovereign Fund | Brazil (Marica, Rio de Janeiro) Latin America and Caribbean | Sub-national permanent fund | R$ 2.10B Fund market value, | 4.5 | 2017 |
| Fundo Soberano do Estado do Rio de Janeiro | Brazil (Rio de Janeiro) Latin America and Caribbean | Strategic development fund | R$ 2.07B Fund market value, | 3.0 | 2022 |
| Fundo de Equalizacao da Receita de Niteroi | Brazil (Niteroi, Rio de Janeiro state) Latin America and Caribbean | Sub-national permanent fund | BRL 1.75B Net assets or equity, | 9.0 | 2019 |
| Turks and Caicos National Wealth Fund | Turks and Caicos Islands Latin America and Caribbean | Savings and future generations fund | USD 98M Fund market value, | 3.0 | 2017 |
| Macroeconomic Stabilization Fund of Venezuela | Venezuela Latin America and Caribbean | Stabilisation fund | USD 3M Total assets (balance sheet), | 3.5 | 1998 |
| Forum of Brazilian Sovereign Funds (FFSB) | Brazil Latin America and Caribbean | Sub-national permanent fund | No assets (network) Fund market value | 3.0 | 2022 |
| Ilhabela Sovereign Fund | Brazil (Ilhabela, Sao Paulo) Latin America and Caribbean | Sub-national permanent fund | Not disclosed Estimate Published estimate, | 1.5 | 2018 |
| National Investment Fund (The Bahamas) Legislated, not yet investing | The Bahamas Latin America and Caribbean | Proposed or pipeline fund | Not disclosed Fund market value, | 2.0 | 2022 |
| Saint Kitts and Nevis Sovereign Wealth and Resilience Fund Legislated, not yet investing | Saint Kitts and Nevis Latin America and Caribbean | Proposed or pipeline fund | No assets yet Fund market value, | 2.0 | |
| Savings and Stabilisation Fund Suriname Legislated, not yet investing | Suriname Latin America and Caribbean | Proposed or pipeline fund | Not yet funded Fund market value, | 1.5 | 2024 |
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