PIC Vacancies

To apply, click on the link at the end of the posts and all the best with your applications.

Senior Legal Advisor – Unlisted Legal

The Public Investment Corporation SOC Limited (PIC) is an asset management firm, whose
mandate is to make investments in various sectors of the economy on behalf of public sector
entities. Amongst our clients are the Government Employees Pension Fund, the
Unemployment Insurance Fund and the Compensation Fund. Over the years, we have grown
to be amongst the top, large investment managers in South Africa and the rest of the African
continent, with current assets under management at just over R3 trillion. At the centre of our
growth is a team of self-driven professionals who are results-focused.

We are currently seeking applications from dynamic individuals for the following position:

• Position: Senior Legal Advisor – Unlisted Legal
• *Job Grade: E1 – E3
• Ref: SLADV001
• Salary: All-inclusive remuneration package negotiable
• Centre: Investment Legal

Purpose of the role:
To provide legal advice on general corporate and commercial law matters and transactions, and legal
advisory services in investments within the PIC.

Requirements:

• LLB degree
• Admitted attorney of the High Court with 6 – 8 years post-admission experience specifically
  in corporate/ commercial law and investment management.
• Overall experience in the financial services sector will also be considered for the role.

Duties:

• Conduct legal research, provide opinions and advice in respect of corporate/commercial law
  matters and legal advisory in investments;
• Conduct legal due diligence investigations;
• Draft, review, and negotiate corporate, commercial and banking and finance-related
  agreements.
• Negotiate transactions of a corporate, commercial and banking and finance nature pertaining
  to private/unlisted entities.
• Structure and manage Unlisted transactions (i.e., debt funding, project finance, energy: oil
  and gas and renewable energy, mergers and acquisitions, private equity investments and/or
  structured finance transactions and venture capital)..
• Corporate, commercial and banking and finance legal transaction experience (Equity, Debt
  and Mezzanine structure) across jurisdictions in Sub-Saharan Africa is a key performance
  area in this role.
• Manage and assist with any litigation and/or arbitration emanating from transactions, identify
  new and amendments to investment legislation that impact PIC and advise and assist with
  implementation thereof.
• Manage the appointment process of procuring external counsel on the PIC panel and provide
  the requisite instructions to appointed external counsel.
• Assist with post management of transactions across various departments, such as Post
  Management and Valuation (PMV) and disbursement processes.
• Assist and advise the Turn Around Value Add (TOVA department with restructuring, business
  rescue, liquidations and workout).
• Identify new amendments to investment legislation that impact PIC and advise and assist
  with implementation, including advice on FAIS and related legislation.
• Provide training to staff on legislation and legal matters pertaining to the PIC.
• Manage projects of the PIC in relation to Unlisted Investments.
• Assist with the projects of the PIC.
• Manage legal instructions and attorneys on the panel;
• Ad hoc competition law advisory.
• Contract management of concluded transactions (i.e. SharePoint and efront);
• Supervision of juniors.

Competencies and skills:

• Investment Analysis
• Strong transaction execution Skills
• Basic Financial Modelling Skills
• Planning and Organising Skills
• Time management
• Research and Analytical Skills
• Commercial Skills
• Writing and Presentation Skills
• Interpersonal and Communication Skills
• Negotiation and Deal Structuring
• Problem solving

Our firm values diversity and excellence, and is committed to realising these across all operations
and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a
team that is focused on creating meaningful change, you are encouraged to apply for this position.

Closing Date: 5 September 2025

Grade Range: The grade range for this position is from E1– E3, commensurate with applicable
minimum requirements.

The PIC is an equal opportunity employer and aligns appointments with its Employment Equity
Plan.

Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@pic.gov.za

Associate Fund Principal

The Public Investment Corporation SOC Limited (PIC) is an asset management firm, whose
mandate is to make investments in various sectors of the economy on behalf of public sector
entities. Amongst our clients are the Government Employees Pension Fund, the
Unemployment Insurance Fund and the Compensation Fund. Over the years, we have grown
to be amongst the top, large investment managers in South Africa and the rest of the African
continent, with current assets under management at just over R3 trillion. At the centre of our
growth is a team of self-driven professionals who are results-focused.

We are currently seeking applications from dynamic individuals for the following position:

• Position: Associate Fund Principal
• *Job Grade: E1 – E4
• Ref: APL023
• Salary: All-inclusive remuneration package negotiable
• Centre: Multi-Management Private Markets

Purpose of the role:
As part of the Multi-Management: Private Markets team; the incumbent will assist the Head of MultiManagement: Private Markets in providing leadership and strategic vision for the fund investment business.

Requirements:

• Relevant postgraduate qualification or relevant NQF 8 equivalent qualification
• Masters degree, MBA, etc, CFA or CA(SA) would be advantageous
• 8 – 10 years’ experience in the investment industry. Fund of Funds or Multi-Management:
  Private Markets experience would be advantageous
• Previous transaction experience
• Private equity industry knowledge
• FAIS RE 05 Certificate or must be obtained within 6 months of employment

Duties:

• Deal sourcing – proactively identify investment partners and opportunities
• Deal screening – desktop analysis of investment opportunities
• Preparation of preliminary scoping reports
• Lead the transaction team through the whole investment process
• Conduct and coordinate due diligence on potential investment opportunities
• Participate in the structuring and pricing of transactions
• Participate in the negotiation of term sheets
• Preparation of appraisal reports
• Review and comment on transaction agreements
• Participate in the implementation and disbursement process
• Lead the handover of approved transactions to various divisions, including portfolio
  management
• Ongoing monitoring of a portfolio of funds, including review of quarterly reports, valuation,
  risk management, compliance, and reporting
• Participate in the exit process for transactions

Competencies and skills:

• Investment Analysis
• Strong transaction execution Skills
• Basic Financial Modelling Skills
• Planning and Organising Skills
• Time management
• Research and Analytical Skills
• Commercial Skills
• Writing and Presentation Skills
• Interpersonal and Communication Skills
• Negotiation and Deal Structuring
• Problem solving

Our firm values diversity and excellence, and is committed to realising these across all operations
and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a
team that is focused on creating meaningful change, you are encouraged to apply for this position.

Closing Date: 5 September 2025

Grade Range: The grade range for this position is from E1– E4, commensurate with applicable
minimum requirements.

The PIC is an equal opportunity employer and aligns appointments with its Employment Equity
Plan

Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@pic.gov.za

We wish you all the best with your applications