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Government pension fund finally gives PIC a mandate to manage its unlisted investments again

The state-owned asset manager used to oversee R70 billion of the GEPF's unlisted investments, but stark findings by the Mpati Commission raised questions about governance at the PIC.

GEPF signs new unlisted Africa investment mandate with PIC

GEPF, PIC sign unlisted developmental investment mandate

GEPF, PIC sign unlisted developmental investment mandate
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State pension fund sticks with the secretive Publ

The Government Employees’ Pension Fund has agreed on a new mandate for unlisted investments with the Public Investment Corporation. In other words, the PIC will continue managing the Isibaya Fund and pouring GEPF money into black economic empowerment deals. The Government Employees’ Pension.

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