Pantheon International Plc (PIN) ORD GBP0.067

Pantheon International Plc is a United Kingdom-based investment trust specializing in private equity. The Company’s investment objective is to maximize capital growth over the long term. The Company’s policy is to make unquoted investments. It does so by subscribing to investments in new private equity funds (primary investment), buying secondary interests in existing private equity funds (secondary investment), and acquiring direct holdings in unquoted companies (co-investments). The Company may invest in private equity funds, unquoted companies or special purpose or investment holding vehicles which are geared by loan facilities that rank ahead of the Company’s investment. It invests in various sectors, including information technology, healthcare, consumer, financials, industrials, communication services, energy, materials and others. Its investment manager is Pantheon Ventures (UK) LLP.

To maximise capital growth with a carefully managed risk profile by investing in a diversified portfolio of private equity funds and occasionally directly in private companies.

• Ongoing charge2.31%
• Annual management charge -
• Performance feeYes

Management fee 1.5% p.a. on investment assets up to GBP150m, 1% p.a. on investment assets in excess. Commitment fee 0.5% p.a. on investment amounts committed but unpaid. Performance fee 5% of any increase in NAV over applicable high water mark plus the hurdle rate of 10%. Agreement terminable on 6 months notice.