The Role Of The Chilean CCR In Private Equity
The Chilean pension fund system has breached in 2018 the 200bn threshold. Its pension fund system – Administradoras de Fondos de Pensiones – traditionally already very open to investment overseas, has now the potential to increase exponentially the exposure to overseas alternative investments. A recent reform affecting the pension system allows in fact Chilean pension funds now to directly invest as well as co-invest in foreign private equity funds. The Chilean pension regulator - Superintendencia de Pensiones - issued in November 2017 a regulation...
