Family Office

Venezuela - FIEM

In 1988, the Macroeconomic Stabilization Fund or FIEM, was established based on a suggestion by the International Monetary Fund to invest money from oil revenues. The fund transfers revenues to the treasury when oil prices drop below the reference price to compensate for the losses and stabilize the budget. The Fund fo

Headquarters
Caracas, Venezuela

Decision-makers

SimóN Alejandro Zerpa Delgado
Director of the National Executive
Yosmer Daniel ArelláN Zurita
Director
Calixto José Ortega SáNchez
President
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