Established in 1911, the Public Investment Corporation (SOC) Limited is one of the largest investment managers in Africa today, managing assets of over R1.928 trillion and still growing. The PIC, a registered financial services provider, is wholly owned by the South African Government, with the Minister of Finance as shareholder representative.
The company invests funds on behalf of public sector entities, based on investment mandates set by each of these clients and approved by the Financial Services Board (FSB). The goal is not only to meet but exceed its clients' expectations and its shareholder's investment objectives through thorough research, careful risk analysis and stringent compliance practices.
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The company has not participated in any projects.
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Aberdeen Standard Investcorp Infrastructure Partners (ASIIP) fund has reached its first closing after raising US$90 million in commitments from Asian Infrastructure Investment Bank (AIIB)....
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