Tag Archives: PIC

PE investors in $1.2bn Africa exit

May 06, 2022

Deals, Exits, Industrial

A consortium of investors has signed a deal to wholly exit a South Africa-based industrials manufacturing company, in a deal valued at $1.2 billion. Old … Watch nowmore →
PIC hires CIO from fund manager

Apr 22, 2022

People

Public Investment Corporation (PIC) has bolstered its deals team with the appointment of Kabelo Rikhotso as chief investment officer (CIO), bringing him in from Visio … Watch nowmore →
PIC in consumer deal

Aug 27, 2021

Consumer, Deals

Public Investment Corporation (PIC) has signed a deal to acquire a 35% stake a consumer arm of a South Africa-based investment holding company. The investor … Watch nowmore →
PIC in PIPE deal

Apr 30, 2021

Deals, Industrial

Public Investment Corporation (PIC) has signed a deal to back a South Africa-based industrials company, through a private investment in public equity (PIPE) transaction. The … Watch nowmore →
PIC exit deal finalised

Mar 12, 2021

Exits, Mining

Public Investment Corporation’s (PIC) deal to exit its stake in a South Africa-based mining company to a strategic investor has been finalised. The pension’s manager … Watch nowmore →