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Public Institute for Social Security - Kuwait
The Public Institution for Social Security (PIFSS) is the public pension fund of the State of Kuwait. Established in 1976, it implements social security laws...
Public Institute for Social Security - Kuwait
The Public Institution for Social Security (PIFSS) is the public pension fund of the State of Kuwait. Established in 1976, it implements social security laws and aids citizens in old age, sickness, or inability to work. It offers social security services, social aid, and health care.
General information
Firm type
Pension Fund
Year founded
1976
Location
Region
Middle East
Country
Kuwait
City
Kuwait City
Corporate office
Block 1, Al Soor Street Al Murqab, Kuwait City, Kuwait
Principals
Khaled Jassem Al Mudhaf
Director General
Sector focus
Frequently asked questions
Who runs investment decisions at Public Institute for Social Security - Kuwait?
Director General Khaled Jassem Al Mudhaf oversees the institution. Wafra Inc. executes alternatives mandates under a 100 percent ownership structure.
Does Public Institute for Social Security - Kuwait participate in fund commitments or only direct deals?
The fund commits to private equity funds and executes co-investments. It also holds direct real estate and listed equity positions.
What investment stages does Public Institute for Social Security - Kuwait typically target?
Allocations cover buyout, growth, secondaries, and co-investment opportunities. Ticket sizes range from $1 million to $500 million.
Which sectors does Public Institute for Social Security - Kuwait explicitly avoid?
No explicit exclusions are stated in available records. Holdings span financial services, real estate, technology, and healthcare.
How is Public Institute for Social Security - Kuwait related to Wafra Inc.?
Wafra Inc. is a 100 percent owned subsidiary based in New York that manages international alternative investments for the pension fund.
Where does the underlying wealth come from?
Assets derive from mandatory social security contributions by Kuwaiti citizens and employers under national law.
Does Public Institute for Social Security - Kuwait maintain philanthropic structures, and how are they separated?
The institution is linked to Bait al-Zakat for alms distribution. Operations remain separate from core pension administration.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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