Chief Investment Officer – Unlisted Investments Jobs

About the Public Investment Corporation (PIC)

The Public Investment Corporation (PIC) has over a century of experience in managing public sector funds. As one of the largest and most successful investment managers in Africa, the PIC manages trillions in assets, focusing on long-term value and sustainable growth.

Role: Chief Investment Officer – Unlisted Investments

Location: Pretoria, Gauteng
Job Type: Full-Time

Purpose of the Role

The Chief Investment Officer (CIO) provides strategic leadership for the unlisted investment portfolio. This role is responsible for defining and executing the organization’s private-markets strategy, including private equity, private credit, and other alternative asset classes. The CIO ensures that investments deliver long-term value, meet strategic goals, comply with governance standards, and achieve targeted returns.

Key Responsibilities

• Strategy & Leadership: Develop and lead a multi-year investment strategy for unlisted assets aligned with client mandates.
• Portfolio Management: Oversee diversified portfolios across buyouts, venture capital, and credit. Manage capital allocation and liquidity planning.
• Investment Selection: Direct rigorous due diligence and execution processes for new investment opportunities.
• Value Creation: Drive operational and strategic initiatives to increase the value of portfolio companies.
• Risk & Governance: Ensure all investments meet regulatory requirements and internal risk frameworks.
• Stakeholder Engagement: Communicate investment performance and strategy to the board and external stakeholders.

Minimum Requirements

• At least 15 years of experience in investment management, specifically managing unlisted portfolios through various market cycles.
• Minimum of 5 years in an executive or top management leadership role.
• Master’s Degree in Finance, Economics, Investment Management, or a related field.
• Professional designation: CFA, CA (SA), or Pr. Eng.
• FAIS Registered Key Individual (RE 05, 01, and 03 Certificates).

Technical & Core Skills

• Proven experience leading large investment teams in institutional environments.
• Deep understanding of global markets, financial modeling, and risk analytics.
• Strong expertise in asset allocation and valuation.
• Excellent communication and board-level presentation skills.
• High ethical standards and a strong focus on fiduciary duty.
• Proactive thinking and the ability to adapt to changing market conditions.

Application Details

If you meet the requirements and are interested in this leadership opportunity, please submit your application through the official PIC website.

Application Deadline: 13th March 2026