Pension fund or public asset manager

Public Investment Corporation

Checked against official source Last checked 14 November 2026

South Africa’s state-owned asset manager and the largest investment manager on the continent, whose main client is the Government Employees Pension Fund.

Africa mandate and approach

Invests across listed equities, bonds, property, private equity and unlisted investments, including developmental investments in South Africa and the rest of Africa.

Investment focus

Sectors
Financial servicesInfrastructureReal estate and housingEnergy and power
Stages and strategies
GrowthBuyoutFund investments
Instruments
EquityDebt
Regions
Southern Africa
African markets named in public materials
South Africa

Sources

  1. Public Investment Corporation official website, www.pic.gov.za. Accessed 14 November 2026; link checked 14 November 2026.