PI
LP profile
Pantheon International
Fund of fund · Founded 1987 · London, United Kingdom
9
VC firms backed
$3.0B
AUM
01 · Background
Who Pantheon International is.
- Historical Background
- Pantheon International Plc (PIP) was established in 1987 and holds the distinction of being the first private equity fund-of-funds investment trust to be listed on the London Stock Exchange. The company was originally incorporated as Majormeasure Public Limited Company in July 1987 and underwent several name changes before adopting its current name. It is a constituent of the FTSE 250 index.
- Source of Capital
- As a publicly traded investment trust listed on the London Stock Exchange, Pantheon International Plc's capital is sourced from public shareholders. The trust structure provides a vehicle for public market investors to gain access to a portfolio of private equity assets.
- Major Events
- In 2023, the company initiated a significant strategic program, beginning with a £200 million share buyback initiative. A new capital allocation policy was announced to take effect from June 1, 2024, marking the second phase of its shareholder-focused strategic review. The company has materially shifted its investment approach over the past decade, moving from a portfolio composed entirely of fund investments in 2013 to a mix that now includes a substantial allocation to co-investments.
- Allocation Strategy
- The company's investment focus is on private equity, utilizing a multi-faceted approach that includes primary and secondary fund investments as well as direct co-investments in private companies. Its portfolio is intentionally diversified across various geographies, industry sectors, and stages of company development, from venture and growth capital to mature buyouts. A core element of the strategy is to mitigate investment risk through broad diversification while providing shareholders with capital growth over the long term.
02 · Fund commitments
The funds Pantheon International backs.
Pantheon International is a limited partner in 9 funds. 1 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Balderton Capital
#59 Power Law
Advent Venture Partners
Baronsmead Venture Trust
Doughty Hanson Technology Ventures
EQT Group
LivingBridge
LYFE Capital
MTI Partners
Salix Ventures
03 · Allocation
How Pantheon International’s fund book is spread.
The 9 funds Pantheon International backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- Europe 778%
- North America 111%
- Rest of world 111%
United Kingdom 6 · China 1 · Sweden 1 · United States 1
04 · Other LPs
Other LPs.
Other funds of funds in the Power Law LP ranking, closest to Pantheon International by combined power-law score — Europe first, then the nearest worldwide.
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