Pantheon, a global private-markets investor, has completed its largest fundraise to date, securing $5.3 billion for its secondaries-focused infrastructure program, Pantheon Global Infrastructure Fund IV, and associated vehicles (PGIF IV). The fund exceeded its initial target of $2.5 billion.
Commitments to the program came from a wide range of investors across Asia, North America, Europe and the Middle East. They range from blue-chip institutional investors such as public and corporate pension plans, insurers, endowments and family offices, to inflows from Pantheon’s growing global private wealth platform.
PGIF IV is the firm’s latest flagship offering in global infrastructure with a focus on infrastructure secondaries, where the firm has established itself as a first-mover and pioneer in infrastructure secondaries, having invested approximately $7.6 billion in the space since 2010.
PGIF IV will seek to build a global infrastructure portfolio focused on digi