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PIC publishes details of unlisted portfolio

Public Investment Corporation, manager of South Africa’s Government Employees Pension Fund, revealed details its portfolio of unlisted assets for the first time last week during the presentation of its integrated annual report to Parliament’s Standing Committee on Finance. The portfolio totaled R44.6 billion (approximately US$3.2 billion) at the end of March and was made up of 250 investments in a number of sectors.

Read more at Bloomberg…

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