Private equity firm

The Government Employees Pension Fund (GEPF)

Compiled from public sources

The Government Employees Pension Fund (GEPF) is Africa’s largest pension fund and one of the largest emerging market sovereign pension funds globally. Established in May 1996 through the consolidation of various public sector funds, it is based in Pretoria, South Africa. The GEPF provides retirement, disability, and survivor benefits to approximately 1.8 million active and former government employees. Its investment strategy is dual-purpose: achieving long-term financial returns to meet member liabilities while fulfilling a developmental mandate to support South African economic growth, job creation, and transformation. The fund's assets are primarily managed by the Public Investment Corporation (PIC), a state-owned asset manager. The GEPF's portfolio is heavily weighted toward domestic South African assets, including listed equities, fixed income, and a significant allocation to unlisted developmental investments in infrastructure and private equity.