Fiduciaria Central

What Fiduciaria Central does

Fiduciaria Central S.A. is a Colombian trust company (sociedad fiduciaria) constituted on August 20, 1992, operating as a mixed-economy company (sociedad de economía mixta) under private law and supervised by the Superintendencia Financiera de Colombia. Since December 2002, the Instituto para el Desarrollo de Antioquia (IDEA) has been the controlling shareholder with a 94.97% stake, anchoring the company to Antioquia's public development apparatus while it operates nationally through headquarters in Bogotá and a regional office in Medellín. The company holds a AAA national-scale credit rating from Fitch Ratings Colombia and ISO 9001:2015/IQNet certification for fiduciary services administration.

The company delivers a comprehensive fiduciary product portfolio spanning real estate trusts, administration and payments trusts, guarantee trusts, public trusts, investment trusts, pension liability administration, bondholder legal representation, and collective investment funds. Its underlying technology platform comprises the SARM (Market Risk), SARL (Liquidity Risk), SARLAFT (AML/Terrorist Financing), and SARO (Operational Risk) administration systems, supplemented by the Central Day financial indicators platform, the transacciones.fiducentral.com transaction portal, and PSE/e-collect payment integrations. The firm also operates two open-ended investment funds (Fondo Abierto Fiduciaria Central and Fondo Abierto 1525 Fiducentral under Decree 1525 for public entities), two private capital funds (Valor Inmobiliario and Valor Forestal — in liquidation), and a securitization vehicle (Patrimonio Autónomo Juriscoop), alongside ongoing economic research output (Central Day, Central Week, monthly market reports).

Revenue is generated primarily through administration fees on assets under management across trust mandates and investment funds (commission rates ranging from 0.80% to 2.90% E.A. on collective funds), professional services fees for bondholder legal representation, and ongoing advisory mandates. The go-to-market is enterprise field sales driven by dedicated advisor relationships, targeting government entities as the primary segment, with corporate bond issuers (ISAGEN, ODINSA, Grupo Aval, Banco de Bogotá, COLTEL, Grupo Argos Cementos, RCI Colombia, among others) as a secondary segment, and retail/corporate investment fund distribution through a broad banking network and digital channels.

Name

Fiduciaria Central

Legal name

Fiduciaria Central S.A.

Website

https://fiducentral.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

251–500 employees

Short description

Fiduciaria Central S.A. is a Colombian supervised trust company (since 1992) providing real estate, public, guarantee, pension, and investment trust administration, collective investment funds, and bondholder representation. It serves government entities, corporate bond issuers, and retail/corporate investors, with 94.97% government ownership via IDEA.

Ownership category

akta.pro rank

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Fiduciary Administration Fees: Fees charged for administration of trust assets including real estate trusts, public trusts, guarantee trusts, and investment trusts. Revenue is generated through management fees on assets under administration.
2. Investment Fund Management (FIC): Administration fees from managing collective investment funds including Fondo Abierto Fiduciaria Central and Fondo Abierto 1525 Fiducentral. Commission rates range from 0.80% to 2.90% effective annually on assets under management.
3. Bondholder Representation Services: Legal representation services for bondholders including assembly convocation, issuer monitoring, and investor communication. Revenue generated through service fees for these fiduciary representations.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Fiduciaria Central S.A. is a Colombian trust company that administers fiduciary mandates and manages investment funds for government entities, corporations, and individual investors. Its core services include real estate trusts, public trusts, guarantee trusts, administration and payment trusts, investment trusts, and pension liability administration, alongside collective investment funds (Fondo Abierto Fiduciaria Central and Fondo Abierto 1525 Fiducentral), bondholder legal representation, and securitization vehicles. The firm is supervised by the Superintendencia Financiera de Colombia and operates with an AAA credit rating from Fitch Ratings.

Product overview

Fiduciaria Central offers a comprehensive portfolio of fiduciary products and services centered around trust management, investment funds, and financial administration. The core offering comprises real estate trusts (Fiducia Inmobiliaria), administration and payments trusts, guarantee trusts, public trusts, investment trusts, and pension liability administration. The investment fund lineup includes two open-ended funds (Fondo Abierto Fiduciaria Central and Fondo Abierto 1525 Fiducentral) plus two private capital funds (Valor Inmobiliario and Valor Forestal). Additional services include bond holder legal representation, securitization (Patrimonio Autónomo Juriscoop), mass service adhesion contracts, economic research reports (Central Day/Central Week), and works-for-taxes programs. The company operates as a trust company supervised by Colombia's financial regulator.

Differentiator

Problem solved

Functional benefit

Products and services

• Fondo Abierto Fiduciaria Central Open-ended collective investment fund (FIC) targeting the Colombian fixed-income market with a conservative risk profile. Offers daily liquidity without permanence commitment and invests in CDT, bonds, TES, sight deposits, FICs, and commercial papers. Commission rates range from 0.80% to 2.90% effective annually; minimum initial investment of 200,000 COP; maximum 10% participation per investor.
• Fondo Abierto 1525 Fiducentral Open-ended collective investment fund directed primarily at public entities and governed by Decree 1525 of 2008. Diversifies between sight investments and Colombian fixed-income securities for capital stability. Holds S1/AAAf (col) rating from Fitch Ratings Colombia.
• Fiducia Inmobiliaria (Real Estate Trust) Trust structure for administering resources and assets in real estate projects, protecting the interests of all parties. Includes administration and payments, treasury, and pre-sales modalities. Targeted at real estate developers, housing projects, and pre-sale fiduciary mandates.
• Fiducia de Administración y Pagos (Administration and Payments Trust) Trust business that administers movable and/or immovable assets for the timely and adequate fulfillment of contract objectives. Targeted at corporate and public-sector counterparties requiring contractually defined asset and payment administration.
• Fiducia en Garantía (Guarantee Trust) Autonomous patrimony that administers movable or immovable assets as guarantee for obligations. Includes guarantee and payment source modality for future flows. Targeted at lenders, creditors, and structured finance transactions requiring collateralized guarantees.
• Fiducia Pública (Public Trust) Fiduciary vehicle for Colombian public entities to entrust assets and/or resources for administration according to contract purpose without domain transfer. Targeted at municipal governments and public entities for infrastructure, housing, and public service projects.
• Administración de Pasivos Pensionales (Pension Liability Administration) Autonomous patrimony with specific destination for managing pension liabilities, responding for pension bonds, quota parts, and worker obligations. Targeted at pension liability administrators and public entities managing pension obligations.
• Representación Legal Tenedores de Bonos (Bondholder Legal Representation) Legal representation services for bondholders, including assembly convocation, issuer monitoring, and investor communication. Clients include ISAGEN, ODINSA, RCI Colombia, Primax, COLTEL, Grupo Aval, and Banco de Bogotá. Targeted at Colombian corporations issuing bonds.
• Fiducia de Inversión (Investment Trust) Customized portfolio construction adjusted to investor characteristics, liquidity requirements, investment horizon, and risk profile under expert management. Targeted at investors requiring bespoke fiduciary portfolio mandates.
• Patrimonio Autónomo Juriscoop (Securitization Vehicle) Securitization vehicle under the Juriscoop program for structured asset management. Targeted at issuers structuring asset-backed securities through autonomous patrimony vehicles.
• Contratos de Adhesión y Prestación Masiva (Mass Service Adhesion Contracts) Standardized fiduciary contracts including pre-sales mandate, real estate trust, and fiduciary participation commercialization arrangements for mass-market fiduciary service delivery.

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• BNP Paribas Securities ServicescoreTechnology or IntegrationCustodian bank for investment fund assets, providing secure custody and administration services for the Fondo Abierto Fiduciaria Central portfolio including CDT, bonds, TES, and other fixed-income instruments.
• Fitch Ratings ColombiacoreTechnology or IntegrationCredit rating agency providing independent assessment of Fiduciaria Central's creditworthiness and investment fund ratings, essential for investor confidence and regulatory compliance.
• AMV (Autorregulador del Mercado de Valores)coreOthersSelf-regulatory organization for Colombia's securities market; Fiduciaria Central's professionals are certified through AMV, ensuring compliance with securities market regulations and professional standards.
• ISAGEN S.A. E.S.P.minorOthersHydropower company for which Fiduciaria Central serves as legal representative of bondholders, managing assembly convocations and issuer oversight.
• AsofiduciariascoreOthersColombian fiduciary industry association; Fiduciaria Central participates as an affiliated entity, contributing to industry standards development and representing fiduciary sector interests.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Others

• Asofiduciarias: Asofiduciarias is the Colombian fiduciary industry association of which Fiduciaria Central is a member. It is thematically related as the industry body that represents the sector's collective interests and sets standards.

Direct peers

• Alianza Fiduciaria: Alianza Fiduciaria is a mid-sized Colombian trust company offering trust administration, investment funds, and fiduciary services to corporate and public-sector clients, directly competing with Fiduciaria Central in the same market segments.
• Fiduciaria Corficolombiana: Fiduciaria Corficolombiana is a Colombian trust company affiliated with Grupo Argos, providing trust administration and investment services. It overlaps with Fiduciaria Central in serving infrastructure, public-sector, and corporate clients in Colombia.
• Fiduciaria Colpatria: Fiduciaria Colpatria is a Colombian trust company offering trust administration and investment fund services to corporate and government clients, with a similar product portfolio to Fiduciaria Central in the Colombian market.
• Fiduciaria de Occidente: Fiduciaria de Occidente is a Colombian trust company providing fiduciary administration, investment funds, and public-sector trust services. It competes directly with Fiduciaria Central for municipal government and corporate mandates.
• Fiduciaria Davivienda: Fiduciaria Davivienda is the trust affiliate of Banco Davivienda, providing trust administration, investment fund management, and structured fiduciary services to corporate clients in Colombia, with overlapping offerings and customer base to Fiduciaria Central.
• Fiduciaria Bancolombia: Fiduciaria Bancolombia is a leading Colombian trust company affiliated with Bancolombia, providing trust administration, investment funds, and pension services. It is a direct competitor serving the same government and corporate segments as Fiduciaria Central.
• Fiduciaria Bogotá: Fiduciaria Bogotá is the largest trust company in Colombia, part of Grupo Aval. It offers a directly comparable suite of trust administration, investment fund management, and bondholder representation services to government and corporate clients across the country.

Broad incumbents

• BBVA Asset Management Colombia: BBVA Asset Management is the asset management arm of BBVA in Colombia, offering investment fund and wealth management services. As part of a global banking group, it competes with Fiduciaria Central in the investment fund segment while offering broader financial services.

Emerging players

• Colfondos: Colfondos is a Colombian pension and severance fund administrator with risk management expertise. While primarily a pension administrator, it overlaps with Fiduciaria Central in the autonomous patrimony and pension liability administration space.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Customer concentration

• Xx.com/FIDUCENTRAL
• Facebookfacebook.com/fiduciaria.centralsa

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fiduciaria Central