Colfondos is a private Colombian pension company that provides products and services in the area of mandatory and voluntary pensions, and unemployment insurance. On 25 July 2010, Citi Colfondos became known as Colfondos when the company was aquired by the Colombian holding company Mercantil Colpatria and private equity funds Palmfund Management and Linzor Capital Partners. With this purchase, Mercantal Colpatria returned to dealing with private pensions in Colombia, after its absence in the market during the 90s, when AFP Colpatria was sold to Spanish group BBVA.
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