Pantheon expanded its private wealth offering with the launch of the Pantheon Global Credit Secondaries Fund (PGCS), a semi-liquid evergreen vehicle focused on private credit secondaries. 

The move strengthens the firm’s position in the fast-growing private credit market and brings institutional-grade access to investors across EMEA, Latin America, APAC, and Australia.

PGCS is the seventh fund on Pantheon’s international wealth platform and will invest in seasoned, funded private credit assets through LP and GP liquidity solutions. The strategy targets both direct lending and opportunistic credit with a goal of delivering compelling yields and risk-adjusted returns.

“Building on PGPE’s international success, we’re excited to extend Pantheon’s specialized semi-liquid expertise into private credit secondaries,” said Victor Mayer, Head of International Private Wealth. “This gives our clients access to the fast-growing credit secondaries market at a very attractive time.”

Pantheon, which pioneered the private credit secondaries market in 2018, has committed $7.9bn to the strategy and raised over $10.1bn from a mix of institutional and private wealth investors. The launch follows the successful $5.2bn close of Pantheon’s third senior credit secondaries programme (PSD III), and complements existing funds such as the AMG Pantheon Credit Solutions Fund (P-SECC).

Rakesh (Rick) Jain, Global Head of Private Credit, said, “We bring significant scale in both capital and transaction experience and a strong partnership approach with both LPs and GPs.”

Pantheon’s private credit platform spans more than 90 GPs and offers exposure to approximately 5,400 companies globally. The firm’s evergreen structure offers quarterly liquidity, designed to meet the evolving needs of private wealth investors seeking diversification, yield, and long-term growth.

Source: BusinessWire