Public Investment Corporation

Public Investment Corporation of South Africa
Quasi-Public Investment Corporation
Industry Finance
Founded 1911
Headquarters Pretoria, South Africa
Area served
South Africa
Key people

Daniel Matjila (CEO)
Matshepo More (CFO)
Paul Magula (CRF)

Mcebisi Jonas (Chairman)
Products Financial Services
Revenue Increase ZAR: 955.232 Million (2015)
Total assets Increase ZAR: 1813 Billion (2015)
Number of employees
405 (2015)
Website

The Public Investment Corporation (PIC) is a South African quasi-public investment entity with over R1.5 trillion (USD 150 Billion) of assets under management. Established in 1911, it holds large stakes in several South African companies, and is one of the entities through which the government implements its policy of Broad-Based Black Economic Empowerment. The PIC is also responsible for investing the South African Government Employees Pension Fund (GEPF).

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