Public Investment Corporation

This article is missing information about the PIC Commission of Inquiry instituted in 2018. Please expand the article to include this information. Further details may exist on the talk page. (December 2021)

Public Investment Corporation of South Africa

Company type	State-owned entity (SOC)
Industry	Finance
Founded	1911; 113 years ago (1911)
Headquarters	Pretoria, South Africa
Area served	South Africa
Key people	Abel Sithole (CEO) Brian Mavuka (Acting CFO) Dr David Masondo (Chairman)
Products	Financial services
Revenue	ZAR: 1,130,757 Million (2020)
Total assets	ZAR: 2.548 Trillion (2022)
Owner	Government of South Africa
Number of employees	403 (2020)
Website	www.pic.gov.za

The Public Investment Corporation (PIC) is a South African state-owned entity (SOC^[1]) with R2.548 trillion (USD 148 Billion) of assets under management as of 31 March 2022.^[2] It is Africa's largest asset manager.^[3] 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 in the South African Government Employees Pension Fund (GEPF).