Asset Manager

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Public Investment Corporation

Public Investment Corporation was established in 1911 as an asset management company. It manages assets for public sector entities. The firm operates as a...

Public Investment Corporation

Public Investment Corporation was established in 1911 as an asset management company. It manages assets for public sector entities. The firm operates as a corporate entity under the Public Investment Corporation Act 2004 and focuses on social security.

General information

Firm type

Generalist

Year founded

1911

Location

Region

Africa

Country

South Africa

City

Pretoria

Corporate office

Menlyn Maine Central Square, Corner Aramist Avenue and Corobay Avenue Waterkloof Glen Extension 2, Pretoria, South Africa

Sector focus

Real EstateInfrastructureFinancial ServicesAgribusinessHealthcare

Frequently asked questions

Who runs investment decisions at Public Investment Corporation?

Investment decisions follow the governance set by the Public Investment Corporation Act 2004. No individual principals are named in available records.

Does Public Investment Corporation participate in fund commitments or only direct deals?

The firm uses both fund commitments and direct co-investments. Its strategy mix includes buyout, growth and venture approaches.

What investment stages does Public Investment Corporation typically target?

It targets buyout, growth, venture and mezzanine stages. Private equity allocation stands at 10 percent of assets.

Where does the underlying capital come from?

Assets originate from South African public sector entities with a focus on social security funds.

Which sectors does Public Investment Corporation explicitly avoid?

No explicit avoidance sectors are stated in the records.

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