14 June 2024
For
immediate release
The
information contained in this announcement is restricted and is not
for publication, release or distribution in the United States of
America, Canada, Australia (other than to persons who are both
wholesale clients and professional or sophisticated investors in
Australia), Japan, the Republic of South Africa or any other
jurisdiction where its release, publication or distribution is or
may be unlawful.
Pantheon International
Plc
("PIP" or the
"Company")
Appointment of co-lead
portfolio manager
The Board of PIP, the FTSE 250
private equity investment trust, announces that Pantheon, the
investment manager of PIP, has appointed Charlotte Morris as
co-lead manager of the Company with immediate effect to work
alongside Helen Steers. Charlotte succeeds Jie Gong in the
role.
An investment partner at Pantheon, Charlotte is based in London and
is actively involved in and committed to the firm's private equity
secondaries business. She has been instrumental in sourcing and
executing investments for PIP over the past several years and her
expertise in single-asset secondaries is particularly relevant as
the Company's portfolio tilts further towards direct company
investments. Charlotte joined Pantheon in 2006 from Cdb Web Tech,
an investment vehicle listed on the Milan Stock Exchange, and spent
2.5 years working in Pantheon's San Francisco office. She serves as
a member of Pantheon's Global Secondaries Investment Committee,
Investment Management Committee and Sustainability Committee, and
is engaged across Pantheon's transactional investment
activities.
PIP benefits from the resources
provided by the wider Pantheon platform, including 128 investment
professionals globally (as at 31 March 2024), and Pantheon's robust
investment selection procedures. Charlotte and Helen will continue
to be supported on a day-to-day basis by an experienced team that
is dedicated to PIP.
John
Singer CBE, Chair of PIP, said, "The
PIP Board welcomes the appointment of Charlotte Morris as co-lead
manager alongside Helen Steers. Her lengthy tenure at Pantheon, her
experience in the US market, which is where the majority of PIP's
portfolio is invested, and her expertise in the specialised area of
single-asset secondaries, will be of great benefit and value to the
Company's strategic development.
We are grateful to Jie for her
support over the past year, especially for her work on PIP's
corporate strategy."
Ends
LEI: 2138001B3CE5S5PEE928
For more information please
visit PIP's website at www.piplc.com or contact:
Pantheon
Helen Steers / Charlotte Morris
/ Vicki Bradley
Tel: +44 20 3356 1800
Montfort Communications
Gay Collins / Pippa Bailey +44
(0)7798 626282; PIP@montfort.london
Follow us on LinkedIn: https://www.linkedin.com/company/pantheon-international-plc
NOTES
PIP
PIP is a FTSE 250 private equity
investment trust, overseen by an experienced, independent Board of
Directors and managed by Pantheon, one of the leading private
equity investment managers in the world. PIP provides investors
with liquid access to a global portfolio of fast-growing private
companies that are managed by many of the best private equity
managers worldwide. Through its flexible investment approach, PIP
focuses on high quality, profitable businesses in resilient sectors
that can weather a range of macroeconomic environments. PIP has a
track record of NAV outperformance over the long term and manages
risk strategically through diversification and rigorous investment
selection, based on Pantheon's extensive experience, international
platform and robust investment due diligence processes.
Pantheon
PIP is managed and advised by
Pantheon, a specialist global private markets investor. Pantheon
has been at the forefront of private markets investing for more
than 40 years, earning a reputation for providing innovative
solutions covering the full lifecycle of investments, across
private equity, real assets and private credit. The firm has
partnered with more than 1,000 clients, with approximately
$62bn in discretionary assets under
management (as at 30 September 2023).
Important
Information
A
copy of this announcement will be available on the Company's
website at www.piplc.com. Neither the content of the Company's website, nor the content
on any website accessible from hyperlinks on its website for any
other website, is incorporated into, or forms part of, this
announcement nor, unless previously published by means of a
recognised information service, should any such content be relied
upon in reaching a decision as to whether or not to acquire,
continue to hold, or dispose of, securities in the
Company.