Pantheon

During a fascinating fireside chat at our recent Annual Investor Meeting, Kathryn Leaf, Co-Head of Investment and Incoming CEO at Pantheon, was joined by Roland Kastoun, Asset and Wealth Management Consulting Solutions Leader at PwC, for “a peek inside the GP boardroom” exploring how private fund managers are evolving their businesses and product offerings as the industry matures. Check out the excerpt from the discussion below, which focuses on the increasing divergence in the industry between managers seeking to build scale across strategies, and boutique managers that are able to be more innovative and nimble in exploring new strategies and opportunities to create value and drive returns for investors. What do you think? Do you see a drive for scale across the industry, and what role do you think boutique managers will continue to play in the private markets ecosystem? For more information on Pantheon click here: https://lnkd.in/eahSMD-A. #Privatemarkets #Assetmanagement

We are delighted to share the success of Pantheon’s inaugural event in Geneva, a significant milestone that follows our official entry into the Swiss market last year. Against the backdrop of the stunning Hotel des Bergues, we hosted an exclusive breakfast briefing, titled 𝗘𝘅𝗽𝗹𝗼𝗿𝗶𝗻𝗴 𝘀𝗲𝗰𝗼𝗻𝗱𝗮𝗿𝗶𝗲𝘀: 𝗶𝘀 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗵𝗲𝗿𝗲 𝘁𝗼 𝘀𝘁𝗮𝘆?, that was attended by 20 guests, including representatives from locally-based banks, family offices and consultants. The event featured a lively and interactive discussion on the dynamic world of secondaries and the current market opportunity across private equity, private credit and infrastructure, exploring in particular how the market dislocation of the past two 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.   We want to extend a huge thanks to everyone who attended and shared their insights! For more information on Pantheon click here: https://lnkd.in/eahSMD-A. #Privatemarkets #Secondaries

Last month we participated in the largest-ever Junta Anual de Embarcadero – the annual meeting held by our strategic joint venture partner in Spain, bringing together key LPs, fund managers and asset class experts from across Pantheon’s investment teams for a day of discussion on key market trends and latest program updates.   Spain is an important market for Pantheon, and events like the Junta Anual de Embarcadero underscore the fantastic engagement we see across the country, with LPs travelling from cities all over Spain to participate. A total of 34 LPs attended in person, demonstrating their continued commitment to our shared vision, with additional LPs joining us remotely.   A heartfelt thank you to Embarcadero Private Equity for their meticulous organization and execution of a high-quality event, and to all of the participants for their active engagement. Let’s continue to explore opportunities, foster connections, and drive success together! For more information on Pantheon click here: https://lnkd.in/eahSMD-A. #Privatemarkets #Privateequity

LP demand for liquidity in the wake of public market volatility and amid a continued slowdown in distributions from existing portfolios is driving unprecedented levels of infrastructure secondaries deal flow, Andrea Echberg, our Global Head of Infrastructure, recently told Infrastructure Investor. Moreover, she highlighted that this surge in deal opportunities, coupled with a shortage of buy-side capital, means there is a supply-demand imbalance that continues to underpin secondaries entry discounts, even for high-quality infrastructure portfolios.   “We’re seeing 5-15 per cent discounts at the outer edges. Last year, we did find some transactions up to 20 per cent discounts on some portfolios. The rate of deal flow we’re seeing makes it easy to sustain those levels, and for discounts to possibly widen slightly. The discounts are not coming from the fact secondary buyers are concerned about the portfolios, it’s much more a supply-demand imbalance in terms of the available capital and scaled buyers for infrastructure secondaries.”   Read more in Infrastructure Investor's cover story: Infrastructure's second lease of life: https://lnkd.in/e4FASqWj. Click here to learn more about Pantheon's infrastructure strategies: https://lnkd.in/eHVftgeK. For more information on Pantheon click here: https://lnkd.in/eahSMD-A.

Today we welcome clients from around the globe to our largest-ever Annual Investor Meeting, taking place in New York. Click below to watch the opening video shown at the conference, featuring our Managing Partner Paul Ward and Co-Head of Investment and incoming CEO Kathryn Leaf, setting out how Pantheon successfully navigated a challenging 2023, our position in the current market environment, and the untapped opportunities we see ahead to create opportunities for our investors. For more information on Pantheon click here: https://lnkd.in/eahSMD-A #privatemarkets #privateequity #infrastructure #privatecredit #realestate #secondaries

Rakesh Jain, Partner and Global Head of Private Credit at Pantheon, recently spoke at the Institutional Investor Private Credit Forum in Chicago. His session covered key themes related to the rapidly evolving credit secondaries market.   Credit secondaries have become a key area of focus for investors, and for good reason. Investment opportunities across LP and GP solutions have increased significantly, reflecting heightened demands for liquidity. Notably, several deals have crossed the $1bn mark, signaling interest in utilizing secondary capital solutions to generate liquidity and manage portfolios. Other key topics included: · How LPs are using Pantheon’s credit secondary solutions to rebalance and tactically reallocate. · How GPs benefit from Pantheon’s extensive GP solution expertise and track record to deliver liquidity to investors, enhance performance, and raise new capital to support portfolios. · The value proposition of credit secondary solutions as a complement to investors’ allocations to private credit.   Get in touch with Rick or the credit team if you’d like to hear more about our strategies: https://lnkd.in/e9r4SQfs. For more information on Pantheon click here: https://lnkd.in/eahSMD-A. #Privatecredit #Privatemarkets #InstitutionalInvestor 

We’re pleased to announce our partnership with iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, to distribute Pantheon open-ended products in the wealth management channel. ·    Pantheon and iCapital will leverage iCapital’s innovative technology and structuring capabilities to bring Pantheon’s high conviction private equity investments to a wider range of global investors. ·    The partnership includes solutions targeting markets with growing demand across Europe, the Middle East, Latin America and Asia. For more information on Pantheon click here: https://lnkd.in/eahSMD-A #Evergreen #Privatemarkets #Privateequity #Privatewealth #Semiliquid

Despite European buyout funds raising an impressive EUR 220bn in 2023, over a third of this was taken up by just four funds. Fundraising remains challenging due to tight liquidity and low distributions to LPs from exits. Sponsors are also having to adjust to a much higher cost of capital on the debt side. With both equity and debt dynamics changing, our Funds Editor, Harriet Matthews, gathered insights from our panellists on what this means for private equity dealmaking and fundraising. Hear what Imogen Richards (Pantheon), Gabrielle Joseph (Rede Partners LLP), and Stefano Manna (Investec) had to say on-demand now 👉 https://lnkd.in/dYGEVnY8

We are excited for SuperReturn International in Berlin next month (4th - 7th June), where Senior Pantheon professionals from across our European Investment and Investor Relations teams will be in attendance. If you are going to be in Berlin, get in touch to set up a meeting and get our insights on the current market environment, why we expect to see sustained deal flow and discounts in secondaries across assets classes, and our outlook for private markets for the remainder of 2024 and beyond. If you would like to set up a meeting, download the flyer and click on the link. For more information on Pantheon click here: https://lnkd.in/eahSMD-A. Rob Barr, Petra Bukovec, Ralph Guenther, Charlotte Morris, Eimear Palmer, Imogen Richards, Toni Vainio, Carlos I. Arias, Bernard Galea, Jamie Hayford, Frederiekje Fayd’herbe De Maudave, Christopher Kelly, Gonzalo Bonhome Peinado #SuperReturn #Privatemarkets #Privateequity #Privatecredit #Secondaries

Pantheon’s US private wealth business has passed another major milestone, with our registered private equity fund, the AMG Pantheon Fund (also known as PPEXX, which stands for Pantheon private equity exposure), passing $3bn in assets under management. PPEXX is one of the largest and most established registered private equity funds in the US private wealth market, and we are grateful to the more than 410 wealth management firms and 16,000+ investors who have partnered with us on our journey so far.   Pantheon is committed to opening access to private markets and now manages more than $7bn in assets across our range of evergreen funds globally, as we continue to bring the power of our experience and expertise across private equity, real assets and private credit to a wider range of investors to help build secure financial futures.   For more information on Pantheon click here: https://lnkd.in/eahSMD-A. #Privatemarkets #Privatewealth #Privateequity