Affiliated Managers Group has completed the acquisition of Pantheon from Russell Investments, a subsidiary of Northwestern Mutual Life Insurance.
Pantheon is a private equity fund of funds manager, delivering private equity investment solutions to a broad range of clients for over 25 years.
Pantheon manages regional funds of funds in Europe, the US and Asia, as well as global secondary funds of funds, global infrastructure fund of funds and customised separate account programmes.
Pantheon currently has committed funds under management of approximately USD26bn across 300 global clients, including pension funds, endowments, government bodies and insurance companies.
In the Pantheon transaction, AMG purchased a majority equity interest, while the Pantheon management team acquired the remaining equity interest. Pantheon management will continue to direct the firm’s day-to-day operations.
AMG is an asset management company with equity investments in boutique investment management firms.
