Public Investment Corporation

The Public Investment Corporation (PIC) is a government-owned investment management company in South Africa, established in 1911. It exclusively serves the public sector, managing funds for public bodies that include pension, provident, social security, and guardian funds. As one of Africa's largest and most successful investment managers, PIC operates with a diversified portfolio that encompasses various asset classes, including listed and unlisted equities, bonds, properties, and cash. The corporation's investment strategy incorporates both in-house and externally managed assets, with a focus on maximizing returns for the public sector while adhering to responsible investment principles. Through its comprehensive approach, PIC plays a crucial role in supporting the financial sustainability of public institutions in South Africa.

Vuyani Hako

Executive Head of Properties

Koketso Mabe

Fund Principal

Daniel Mmushi Matjila

Chief Executive Officer and Chief Investment Officer

Matshepo More

Acting Chief Executive of Asset Management

Mervin Muller

Executive Head of Private Equity and Structured Products

Roy Rajdhar

Acting General Manager

Past deals in Southern Africa

Karan Beef

Acquisition in 2018
Karan Beef (Pty) Ltd is a prominent producer and supplier of beef products based in City Deep, South Africa, where it was established in 1974. The company serves the South African meat industry by offering a diverse range of products, including boneless and bone-in beef, offals, and various cuts such as ribeye, rump, striploin, blade, brisket, and liver. Karan Beef is recognized for its commitment to high standards of productivity, hygiene, and maintenance, setting a benchmark for excellence within the local beef sector.

ZAR X

Funding Round in 2018
ZAR X (Pty) Ltd operates a digital stock exchange platform that provides automated and electronic screen-based, derivatives, and Internet trading system. It develops technology to replace manual processes. ZAR X (Pty) Ltd was incorporated in 2015 and is based in Bryanston, South Africa.

South Point

Acquisition in 2015
South Point Management Services (Pty) Ltd. provides student accommodation services in South Africa. It offers studio, bachelors, one-bedroom, two-bedroom, and penthouse apartments with various amenities, such as restaurants, bars, lounges, clubs, events, and cultural activities. South Point Management Services (Pty) Ltd. was founded in 2002 and is based in Johannesburg, South Africa.