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] The current worth of the assets of the PIFSS is estimated at $134 billion.
[3][4] 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.