Pantheon, a global private markets investor, has launched the Pantheon Global Private Equity Fund (PGPE), an open-ended, evergreen fund and the latest addition to the firm’s growing global private wealth platform.
PGPE seeks to provide private and institutional investors with unique exposure to a diversified private equity portfolio through a single investment.
PGPE will soon be available to investors in more than 20 countries outside of the US, with a differentiated offering that leverages Pantheon’s established global private equity platform to construct a high-conviction portfolio concentrated in high-quality, hard-to-access assets and fund managers, with a focus on the mid-market.
The fund will harness Pantheon’s extensive and often-proprietary deal flow in secondaries and co-investments, which are increasingly compelling for investors given potentially attractive secondary pricing and efficiency in fees. It will offer monthly subscriptions starting from $25,000 and includes a quarterly liquidity mechanism.
The fund launch builds on the momentum and success of Pantheon’s $7bn global private wealth platform, which has a 35-year track record and includes a range of evergreen fund solutions. This includes the AMG Pantheon Fund, one of the largest registered private equity funds in the US with close to $2.4bn under management, that similarly offers access to a global private equity portfolio sourced from across Pantheon’s global platform through a single investment and with quarterly liquidity3.
PGPE is managed by Pantheon, which has more than 40 years of experience across private markets, with specialised expertise in private equity, real assets and private credit and approximately $62bn in discretionary assets under management.
Pantheon has a track record ion private equity secondaries dating back to the firm’s first investments in the segment in 1988 and extensive experience gained from $18.2bn of commitments across the full range of both traditional LP-led and GP-led secondaries opportunities. In addition, the firm has been active in private equity co-investments since 1997 and has committed $6.6bn across 290+ transactions since launching its dedicated strategy in 20098
