Public Investment Corporation
Public Investment Corporation is a government-owned investment management company based in Pretoria, South Africa, focused on managing investments for the public sector. It serves pension funds and other nationally critical funds, including the Government Employees Pension Fund and various social security, development, and guardian funds. The firm uses a mix of internal and external fund managers to deploy capital and is governed by a board of directors. While owned by the government, it operates in a manner comparable with private-sector asset managers and is one of the largest investment managers in Africa.
Past deals in Gambia
Erin Energy
Post in 2014
Erin Energy Corporation is an independent exploration and production company focused on acquiring and developing energy resources in Africa. Founded in 2005 and headquartered in Houston, Texas, the company holds five licenses that span approximately 6,000 square kilometers across offshore Nigeria, offshore Ghana, and offshore The Gambia. Originally known as CAMAC Energy Inc., Erin Energy changed its name in April 2015. The company has encountered financial challenges, filing for Chapter 11 bankruptcy in April 2018, which was later converted to Chapter 7 in July 2018. As a subsidiary of CAMAC Energy Holdings Limited, Erin Energy aims to leverage its assets to explore and produce oil in sub-Saharan Africa.
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