Founded in 1904, PREVI (Caixa de Previdência dos Funcionários do Banco do Brasil) is one of the largest pension funds in Latin America with total assets of R$ 201.7 billion ($ 52.7 billion) and around 200,000 members as at December 31, 2018.
As one of the founding signatories to the UN PRI, PREVI is heavily involved with promoting responsible investment in South America. The Brazilian pension fund regularly organizes events with other institutional investors to share best practice, leading to the creation of best practice guide on ESG implementation for institutional investors.