Pantheon

We are pleased to announce the final close of Pantheon Secondary Opportunities Fund II (PSOF II) and related vehicles, with total commitments reaching $1.1bn — almost doubling the size of its $624mn predecessor program. PSOF II invests in companies with compelling ongoing growth and value creation potential, managed by high-quality managers who demonstrate high conviction and strong alignment of interest with secondaries buyers in continuation vehicles. The strategy taps our extensive expertise in secondaries investments, and GP-led transactions in particular, along with our deep mid-market specialization and long-standing GP relationships, to offer investors the opportunity to capitalize on the rapidly growing GP-led secondaries market. Click here to read the full press release: https://lnkd.in/eq4Z9kPR. For more information on Pantheon click here: https://lnkd.in/eahSMD-A.

Short-term dislocation offers attractive valuations, while technological change is driving long-term investment opportunity in the private infrastructure asset class.   Watch Pantheon’s interview with Global Head of Infrastructure Andrea Echberg for her perspective on challenges and opportunities in the sector, from the AI revolution and the energy transition, to data centers and renewable energy investments.   To read more about Pantheon’s Perspective on private markets in 2025 you can view the research paper here: https://lnkd.in/ey2BRSEm. For more information on Pantheon click here: https://lnkd.in/eahSMD-A.

Thank you to everyone who attended our inaugural event in Milan last week and made it a great success.   The event at the iconic Hotel Principe di Savoia featured a lively and interactive discussion on the dynamic world of secondaries and the current market opportunity across private equity, private credit, and infrastructure. We explored how the market dislocation of the past few years has brought innovative disruption, increased deal flow, and compelling discounts – and why we believe the market opportunity is here to stay for the long term. To learn more about our investment strategies click here: https://lnkd.in/eRuPbfPn.   For more information on Pantheon click here: https://lnkd.in/eahSMD-A. #Privateequity #Privatecredit #Infrastructure

Conditions in the private credit market look strong, with tailwinds from the higher for longer rate environment, and the size and pace of secondaries transactions growing.  Watch Pantheon’s interview with Global Head of Private Credit Rakesh Jain for his thoughts on the global shift to private from public credit, which sectors to watch, and just where the dealflow is coming from.  To read more about Pantheon’s Perspective on private markets in 2025 you can view the research paper here: https://lnkd.in/ey2BRSEm. For more information on Pantheon click here: https://lnkd.in/eahSMD-A.

Looking forward to SuperReturn Private Credit Europe, which kicks off today in London! Two senior professionals from our team will be joining key panel discussions.   Ralph Guenther, Partner and Head of Continental Europe in our Investor Relations team, will join a panel discussion on the emergence of evergreen funds and the evolution of deal structures.   Toni Vainio, Partner in our Private Credit Investment team, will join a panel discussion on the rise of private credit secondaries and how illiquidity is driving growth. To learn more about Pantheon’s private credit solutions click here: https://lnkd.in/e9r4SQfs. For more information on Pantheon click here: https://lnkd.in/eahSMD-A.

We are delighted that Pantheon has been honored in the inaugural Secondaries Investor Awards, with NSE India named as the GP-led Deal of the Year in Asia Pacific.    The award recognizes the success of the deal for ChrysCapital’s continuation fund for its stake in the National Stock Exchange of India. The transaction, which was supported by UBS as advisor, is one of the largest GP-led deals to have come out of the sub-continent, marking a milestone for the segment.    Pantheon has been an active investor in Asia since 1983 and has been investing in secondaries for 36 years. We are delighted that the achievements of our colleagues are being recognized with this award, and we thank the Secondaries Investor editors for this title. Congratulations to all involved! Click here to read more about Pantheon's investment approach: https://lnkd.in/eRuPbfPn. For more information on Pantheon click here: https://lnkd.in/eahSMD-A.

What is Pantheon’s CIO, Jeffrey Miller, keeping a close eye on in the private markets?   Watch the interview below where Jeff dives into whether we will see a more supportive backdrop for dealmaking, looks at the growing secondaries deal volume, and gives his thoughts on the rise of evergreen funds. To read more about Pantheon’s Perspective on private markets in 2025 you can view the research paper here: https://lnkd.in/ey2BRSEm. For more information on Pantheon click here: https://lnkd.in/eahSMD-A.

Meet with us in Berlin next month! Senior Pantheon professionals from across our Global Infrastructure and Investor Relations teams will be in Berlin for the Infrastructure Investor Network Global Summit from 17 - 20 March 2025.   If you’re going to be there and would like to connect, please reach out to one of our attendees or click on the link in the flyer to arrange a meeting. Andrea Echberg, Richard Sem, Paul Barr, Evan Corley, Jerome Duthu-Bengtzon, Dinesh Ramasamy, Janice Ince, John Greenwood, Ralph Guenther, Christian D'Amico, Jakob Mattsson, Frederiekje Fayd’herbe De Maudave. Read more about our infrastructure platform here: https://lnkd.in/eHVftgeK.   For more information on Pantheon click here: https://lnkd.in/eahSMD-A.

Pantheon will be at the 14th Annual Global Fund Finance Symposium in Miami, where senior members from our Private Credit, Investor Relations, and Fund Finance teams will be in attendance throughout the event. If you’re going to be there and would like to connect, please reach out to one of our attendees: Hart Orenstein, Alexander Midera, Carlos Vilares, CFA, MBA, Jeff Wright, Jack Opperman, Brad Mitchell. To learn more about Pantheon’s private credit solutions, click here: https://ow.ly/uM9450V12xx. For more information on Pantheon click here: https://ow.ly/tYex50V12xy. #PrivateCredit #FFAMiami #FundFinance

Victor Mayer, Head of International Private Wealth at Pantheon, recently spoke at the inaugural IPEM Wealth conference in Cannes. Victor’s panel looked at the growing interest in evergreen funds, whether they are here to stay, and understanding how they can be useful to private wealth investors looking to tap into the private markets. These funds offer features that make them attractive for accessing private markets, such as immediate NAV exposure, no capital calls, and full recycling of distributions to keep investors fully funded. These benefits can reduce hassle for individual investors and can also be useful for institutional investors, ultimately expanding investment options. At Pantheon, we’ve grown a suite of specialized evergreen and semi-liquid vehicles to open up private markets to the private wealth sector. Read more about our international private equity evergreen fund here: https://ow.ly/yANf50V12nl. For more information on Pantheon click here: https://ow.ly/Y67a50V12nm.