Public Investment Corporation
| Quasi-Public Investment Corporation | |
| Industry | Finance |
| Founded | 1911 |
| Headquarters | Pretoria, South Africa |
Area served | South Africa |
Key people |
Daniel Matjila (CEO) |
| Products | Financial Services |
| Revenue |
 ZAR: 955.232 Million (2015) |
| Total assets |
ZAR: 1813 Billion (2015) |
Number of employees | 405 (2015) |
| Website |
The Public Investment Corporation (PIC) is a South African quasi-public investment entity with over R1.5 trillion (USD 150 Billion) of assets under management. Established in 1911, it holds large stakes in several South African companies, and is one of the entities through which the government implements its policy of Broad-Based Black Economic Empowerment. The PIC is also responsible for investing the South African Government Employees Pension Fund (GEPF).
External Links
This article is issued from Wikipedia - version of the Sunday, March 20, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.