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

Focus, sectors and style are compiled from public sources and industry listings, not confirmed with the fund.

Visit pic.gov.za

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More sovereign funds in South Africa

Government Employees Pension Fund
Public pension fund · Pretoria
All sovereign funds in South Africa

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