Colombia

LarrainVial has been in Colombia since 2006 through the distribution of third-party funds, the generation of research on various companies in the country, and the structuring of private equity funds.

2013 was a milestone year for the company in Colombia thanks to the start of LarrainVial Comisionista de Bolsa’s operations in mid- April.

In 2019 we consolidated our position in several of our business lines in Colombia: (i) We were already one
of the top five equities brokerages in the country, with a 9.9% market share; (ii) Our third-party distribution
business accounted for more than 7% of the country’s pension fund portfolios; and (iii) Our asset
management business managed four private equity funds with AuM of close to USD 200 million.

Our fixed income business also reached a pivotal landmark when it added local fixed income trading to its service platform.

In 2019 our brokerage house took fifth place in equity transactions in the Colombian market, with a 9.9% market share.