The fund will focus on acquiring stakes in high-quality companies with strong growth potential, managed by general partners who maintain a high level of conviction in their assets. Pantheon has been a pioneer in the GP-led secondaries market, having deployed $6.8bn across such transactions over the past 14 years. The firm now manages approximately $11.3bn in private equity secondaries, leveraging its extensive experience and relationships with general partners to structure continuation vehicle transactions.

Pantheon’s global head of private equity secondaries, Amyn Hassanally, emphasized that GP-led secondaries have become a vital part of the private equity landscape, offering liquidity, flexibility, and long-term value creation opportunities for fund managers and investors. He noted that demand for liquidity remains strong, driving an increase in deal flow and attractive pricing for secondary buyers.

The firm has a long history in private equity secondaries, having committed $24.8bn across 450 transactions since 1988. In November 2023, Pantheon raised $3.25bn for its largest-ever private equity secondaries program, reflecting the sector’s increasing importance in the current market environment.

Pantheon’s latest fundraising success reinforces its position as a leader in private equity secondaries, demonstrating the continued appetite among institutional investors for GP-led solutions that provide liquidity and enhanced value generation.

Source: Business Wire