South Africa’s PIC Kicks in $730 Million Toward Mortgages
South Africa’s Public Investment Corporation (PIC) which oversees the Government Employees Pension Fund (GEPF) invested 10.5 billion ZAR (US$ 730 million) in Durban-based SA Home Loans Ltd., the fifth largest mortgage provider in South Africa. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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