SURA Investment Management’s Acquisition Of Gestión Fiduciaria

Posse Herrera Ruiz acted as legal advisor in Colombia to SURA Investment Management on the deal.

SURA Investment Management entered into a definitive agreement to acquire 100% of the issued and outstanding shares of Gestión Fiduciaria S.A. and obtained the regulatory approval by the Colombian Superintendence of Finance.

Gestión Fiduciaria S.A. is a financial services company incorporated in 2009.

SURA Investment Management is the leading Latin American Asset Manager in pension fund administration, asset management, and investment consulting.

The acquisition will help SURA Investment Management to expand its regional business by offering a greater portfolio of products to its clients in Colombia.

Posse Herrera Ruiz advised SURA Investment Management with a team led by Jaime Cubillos (Picture), assisted by Lina Lineros, Emilia Arango, and Daniel Meza.

Involved fees earner: Emilia Arango – Posse Herrera Ruiz; Jaime Cubillos – Posse Herrera Ruiz; Lina Lineros – Posse Herrera Ruiz;

Law Firms: Posse Herrera Ruiz;

Clients: SURA Investment Management;

Author: Ambrogio Visconti.