Public Investment Corporation

PIC is the only investment management company in South Africa that focuses exclusively on the public sector. Wholly owned by the South African Government, PIC is in the hands of the public yet operates in a manner comparable with any private sector asset manager. PIC is one of the largest and most successful investment managers in Africa.

Past deals in Asset Management

Capital Appreciation Limited is a South Africa-based company focused on the financial technology sector. It specializes in owning, managing, investing in, and promoting both established and emerging fintech enterprises, along with their platforms, solutions, products, and applications. The company operates in three main segments: Payments and Payment Infrastructure Services, Software and Services, and an International Division. The majority of its revenue is derived from the Software division, and all revenue is generated within South Africa. As a special purpose acquisition company, Capital Appreciation aims to capitalize on opportunities in the evolving financial services landscape.
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