Pantheon Ventures
Encyclopedia
Pantheon is a private equity
investment manager, operating through a series of fund of funds
as well as a publicly traded private equity
vehicle, Pantheon International Participations. Pantheon invests through new private equity fund
s as well as secondary market purchases
of existing private equity assets.
Pantheon has 164 employees with over US$23.6 billion in assets under management
. The firm has operated as a subsidiary of Affiliated Managers Group Inc. ("AMG") since its acquisition in early 2010.
Originally formed in 1982 as the private equity investment division of GT Management in London, Pantheon's management acquired the private equity division in 1988 through a management buyout. Pantheon was then acquired by Russell Investments, an investment management
subsidiary of Northwestern Mutual, in 2004.
In 2010, Pantheon was acquired by Affiliated Managers Group
("AMG"), a NYSE-listed asset management company with shareholdings in a diverse group of over 30 mid-sized asset management firms. Pantheon's management acquired a share of the equity in the transaction and is expected to maintain independent management of its business.
Pantheon develops and implements private equity investment strategies for more than 300 institutional investor
s globally, including public and private pension plans, endowments, foundations, and family offices.
publicly-traded private equity
fund of funds
investment trust
managed by Pantheon Ventures. Established in 1987, PIP was the first private equity fund-of-funds investment trust
and was formerly a constituent of the FTSE 250 Index
.
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
investment manager, operating through a series of fund of funds
Fund of funds
A "fund of funds" is an investment strategy of holding a portfolio of other investment funds rather than investing directly in shares, bonds or other securities. This type of investing is often referred to as multi-manager investment...
as well as a publicly traded private equity
Publicly traded private equity
Publicly traded private equity refers to an investment firm or investment vehicle, which makes investments conforming to one of the various private equity strategies, and is listed on a public stock exchange.There are fundamentally two separate opportunities that private equity firms...
vehicle, Pantheon International Participations. Pantheon invests through new private equity fund
Private equity fund
A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity....
s as well as secondary market purchases
Private equity secondary market
In finance, the private equity secondary market refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds....
of existing private equity assets.
Pantheon has 164 employees with over US$23.6 billion in assets under management
Assets under management
Assets under management is a financial term used denote the market value of funds being managed by a financial instutition on behalf of its clients, investors, depositors, etc. This metric is a sign of size and success against competition...
. The firm has operated as a subsidiary of Affiliated Managers Group Inc. ("AMG") since its acquisition in early 2010.
Originally formed in 1982 as the private equity investment division of GT Management in London, Pantheon's management acquired the private equity division in 1988 through a management buyout. Pantheon was then acquired by Russell Investments, an investment management
Investment management
Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...
subsidiary of Northwestern Mutual, in 2004.
In 2010, Pantheon was acquired by Affiliated Managers Group
Affiliated Managers Group
Affiliated Managers Group Inc. is an American holding company headquartered in Beverly, Massachusetts that owns a number of financial-sector companies. AMG has been described as an "aggregator of investment management firms"...
("AMG"), a NYSE-listed asset management company with shareholdings in a diverse group of over 30 mid-sized asset management firms. Pantheon's management acquired a share of the equity in the transaction and is expected to maintain independent management of its business.
Pantheon develops and implements private equity investment strategies for more than 300 institutional investor
Institutional investor
Institutional investors are organizations which pool large sums of money and invest those sums in securities, real property and other investment assets...
s globally, including public and private pension plans, endowments, foundations, and family offices.
Pantheon International Participations
Pantheon International Participations plc is a large BritishUnited Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
publicly-traded private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
fund of funds
Fund of funds
A "fund of funds" is an investment strategy of holding a portfolio of other investment funds rather than investing directly in shares, bonds or other securities. This type of investing is often referred to as multi-manager investment...
investment trust
Investment trust
An Investment trust is a form of collective investment found mostly in the United Kingdom. Investment trusts are closed-end funds and are constituted as public limited companies....
managed by Pantheon Ventures. Established in 1987, PIP was the first private equity fund-of-funds investment trust
Publicly traded private equity
Publicly traded private equity refers to an investment firm or investment vehicle, which makes investments conforming to one of the various private equity strategies, and is listed on a public stock exchange.There are fundamentally two separate opportunities that private equity firms...
and was formerly a constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...
.
External links
- Pantheon (company website)
- Pantheon International Participations plc (company website)