Public Institution for Social Security Fund

The Public Institution For Social Security (PIFSS; Arabic: المؤسسة العامة للتأمينات الاجتماعية‎) is the public pension fund of the state of Kuwait. It was founded in 1976 and counts 11 subsidiaries and 45 documented transactions.^[1] In 2021, its cash reserves accounted to 4% of its investments down from 11.5% in 2020.^[2]

Public Institution For Social Security Fund

Formation	1976
Headquarters	Kuwait City, Kuwait
Director general	Meshal Al-Othman
Website	www.pifss.gov.kw

The current worth of the assets of the PIFSS is estimated at $134 billion.^[1] It recorded its best ever annual performance year in 2021, recording a 20.9% growth in its assets.^[3][4]

Investments

The pension fund owns 25% of the U.S. private equity firm Stone Point Capital, 25% of Oak Hill Advisors and 10% of TowerBrook Capital Partners.^[5]