# Private Security Sector Provident Fund

Private Security Sector Provident Fund is a Pension Fund based in Johannesburg, South Africa.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Johannesburg, South Africa
- **Region:** Africa
- **Address:** 108 Fox Street Metropolitan Building, Johannesburg, 2001, South Africa
- **Founded:** 2002
- **Assets under management:** 3106 (Altss estimate)
- **Website:** psspfund.co.za
- **LinkedIn:** https://www.psspfund.co.za

## Regulatory record

- **Reports private funds:** No

## About

The Private Security Sector Provident Fund was created in 2002 under South African sectoral legislation. It serves employees covered by the National Bargaining Council for the Private Security Sector. Mmamosotho Kgosiemang was appointed Principal Officer in March 2025. The fund targets a CPI plus 4 percent return through a mix of South African equities, international equities and commercial property. Confirmed holdings include positions in the Prescient China Equity Fund and the Prescient Global Balanced Fund. It also maintains a direct property portfolio in South Africa and has explored additional African real estate markets. The fund operates as a legislated provident fund rather than a discretionary family or institutional vehicle. Assets stand at $3.1 billion. The fund maintains its registered office at the Metropolitan Building in Johannesburg and a corporate office in the Woodmead Country Club Estate. It engages Salt Employee Benefits as administrator and works with Mergence Investment Managers and Mianzo Asset Management on investment execution. In June 2024 the fund attended the Batseta Winter Conference. Governance rests with a board of employer and member trustees under oversight from the Financial Sector Conduct Authority. The fund reports B-BBEE metrics to the Financial Sector Transformation Council and participates in the Association for Savings and Investment South Africa.

## People

- Mmamosotho Kgosiemang — Principal Officer
- Rodney Kekana — Board Chairperson
- Paul Nephawe — Member Trustee

## Questions

### Who runs investment decisions at Private Security Sector Provident Fund?

Paul Nephawe chairs the Investment Committee. External mandates are executed by Mergence Investment Managers and Mianzo Asset Management.

### How is the Private Security Sector Provident Fund structured?

It is a legislated provident fund established by sectoral determination. It provides retirement, disability, death and funeral benefits to private security employees.

### Does the fund participate in direct property investments?

Yes. It holds a portfolio of commercial properties in South Africa and has explored additional African markets.

### Which service providers support the fund?

Salt Employee Benefits acts as administrator. Nexia SAB&T serves as external auditor. Affinity Life provides funeral benefits.

### What regulatory oversight applies to the fund?

The Financial Sector Conduct Authority placed the fund under statutory management from 2018 to 2023. It remains subject to ongoing FSCA supervision.

## Related profiles

- [Hunter Point Capital](https://altss.com/profile/hunter-point-capital)
- [Manulife Financial US Pension and Retiree Welfare Plans](https://altss.com/profile/manulife-financial-us-pension-and-retiree-welfare-plans)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/private-security-sector-provident-fund-psspf

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