State asset manager
Public Investment Corporation
State-owned asset manager that invests funds on behalf of the Government Employees Pension Fund and other South African public-sector clients; among the largest investors in Sub-Saharan Africa.
Type
State asset manager
Funding
Non-commodity
Established
1911 (corporatised 2005)
Assets
ZAR ~2.7 trillion / USD ~145 billion (PIC, 2024)
Based in
Pretoria, South Africa
Region
Africa
Investment focus
Public equity, Fixed income, Property, Private equity, Pan-African investments
Sector interests
Diversified domestic, Pan-African development
Style
Long-term, Internal, Anchor in JSE
Public profile
High
Sources
Focus, sectors and style are compiled from public sources and industry listings, not confirmed with the fund.
Visit pic.gov.zaOpens the fund’s own site in a new tab.
More sovereign funds in South Africa
Government Employees Pension Fund
Public pension fund · Pretoria
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