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Three pension funds to invest $450 million in Colombia

Wednesday, November 25, 2015

Three Colombian pension funds, along with the Development Bank of Latin America and hedge fund Ashmore, will contribute $450 million to road infrastructure via a new investment fund, they said on Tuesday.

The group - including pension funds Porvenir, Colfondos and Proteccion - will finance seven road projects over a period of up to 25 years.

Source: Reuters