Pantheon has announced the final close of Pantheon Global Infrastructure Fund IV (PGIF IV), marking the firm’s largest-ever fundraising with commitments totaling US$5.3 billion.
The successful conclusion of the fundraising effort reflects the increasing demand for Pantheon's global infrastructure strategy, particularly its focused expertise in infrastructure secondaries. This focus has gained prominence in the current market environment, driven by heightened requests for liquidity from both investors and fund managers. Investors from various regions, including Asia, North America, Europe, and the Middle East, participated in the program. These investors encompass a diverse group, ranging from esteemed institutional investors such as public and corporate pension plans, insurers, endowments, and family offices to contributions from Pantheon's expanding global private wealth platform. PGIF IV represents Pantheon's latest flagship global infrastructure offering. The recent successful fundraising contributes to the growth and development of the firm's broader real assets platform. As of Q2 2023, this platform managed over US$20 billion in discretionary assets across strategies dedicated to infrastructure, real assets, and real estate. Currently, the flagship fund is 75% deployed, with more than 90% of the capital committed to a diverse array of LP portfolios and GP-initiated secondary transactions.