Pantheon International completes four new investments in October
Investment firm Pantheon International completed four new investments throughout the month of October, spreading £31.4m pounds between three existing North American interests and a new commitment towards a US mid-market buyout fund.
Equity Investment Instruments
11,691.41
08:24 26/04/24
FTSE All-Share
4,413.00
08:30 26/04/24
FTSE Small Cap
6,429.60
08:30 26/04/24
Pantheon International
324.50p
08:10 26/04/24
FTSE Small Cap-listed Pantheon made secondary investments of £12.7m in its US upstream oil and gas portfolio, as well as putting £6.8m towards a large buyout fund and £3.2m into a North American growth equity fund.
A primary investment of £8.7m was in Charlesbank Equity Partners IX.
The group generated net cash of £13.5m throughout the month, as its private equity assets rose to £1.26bn on a cash balance of £150m.
Pantheon held two revolving credit balances, one of $138.8m and that other of €66.6m, both of which remained completely undrawn as of 31 October.
Net asset value (NAV) per share was 2,241p at the end of the period, a 12.7p increase over the month.
As of 1020 GMT, shares had grown 1.11% to 1,822.00p.