Overview
South Africa’s Government Employees Pension Fund is a defined-benefit fund providing pensions and related benefits to government employees. It was established in 1996, is governed by the GEP Law, and has a Board of Trustees as its executive authority.1
Government Employees Pension Fund (GEPF)'s pension assets support retirement benefit obligations for plan participants.2
Investment program
- Estimated AUM
- $130B as of Mar 31, 20253
- Capital pool
- Public pension fund2
- Investment model
- Accountability means: Acting with due diligence, competence, confidentiality, and reliability.1
- Investment approach
- Accountability means: Acting with due diligence, competence, confidentiality, and reliability.1
- Spending support
- Not listed yet
- Spending policy
- Not listed yet
- Asset allocation
- Public evidence references these asset classes or allocation areas: venture capital, infrastructure.4
- Performance
- Not listed yet
- Governance
- Not listed yet2
- Investment team
- The Public Investment Corporation (PIC) is the asset management company for the GEPF and invests funds on behalf of the fund. The PIC is wholly owned by the South African government and acts as asset manager for the public sector, with the GEPF as its largest client.5
- Unfunded commitments
- Not listed yet
- Source freshness
- Last verified Jul 21, 2026 · Needs review
Sources
Last verified Jul 21, 2026 from public career and organization materials.
Fact notes
- Website (gepf.co.za)Parent organization overview, Investment model, Investment approach · checked Aug 6, 2026
- Website (gepf.co.za)Pool purpose, Capital pool, Governance, Investment office page · checked Jul 25, 2026
- Website (gepf.co.za)Estimated AUM · checked Jul 25, 2026
- Financial statements (gepf.co.za)Asset allocation · checked Jul 25, 2026
- Website (gepf.co.za)Investment team · checked Aug 6, 2026
Reports and filings
- Public evidence references these asset classes or allocation areas: venture capital, infrastructure.Financial statements · checked Jul 25, 2026
Profile and job sources
- Website (gepf.co.za)Website · checked Jul 25, 2026
- Website (gepf.co.za)Website · checked Jul 25, 2026
- Website (gepf.co.za)Website · checked Jul 25, 2026
- Website (gepf.co.za)Website · checked Jul 25, 2026
- Website (gepf.co.za)Website · checked Aug 6, 2026
- Primary job/profile sourceJob posting · checked Jul 21, 2026