Please carefully review the following information and respond to the questions below.
The information contained on this website is intended only for, and may be accessed only by, persons in the United Kingdom, professional investors in Denmark, Finland, Germany, the Netherlands, Spain and Sweden, persons who are both wholesale clients and professional or sophisticated investors in Australia and persons in any other jurisdiction to whom such information can be lawfully communicated without any approval being obtained or any other action being taken to permit such communication where approval or other action for such purpose is required. The information on this website is not directed at and is not for use by any other person and it may not be lawful to access the information in other jurisdictions.
The information contained on this website is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into any jurisdiction where its release, publication or distribution is or may be unlawful. In particular, the information on this website is not directed at and is not for use by and may not be released, published or distributed to any us person or any person in Canada, the Republic of South Africa, Japan or Australia (other than persons who are both wholesale clients and professional or sophisticated investors in Australia).
We reviewed PIP in our report, 11.9% average annual NAV growth since 1987, published on 6 September 2019, and in our note, History of value added to portfolio by holding Pantheon, published on 26 November 2019. PIP, on average, has generated ca.1.5x the market’s returns since inception in 1987, delivered by i) PE-owned businesses outperforming quoted ones, ii) PIP investing in the right PE sub-sectors, iii) benefits from being in the Pantheon family, and iv) a structured fund selection process. PIP gives investors liquid access to the illiquid PE market, strong corporate governance and a “real” NAV above its “book” value. The risks are detailed below.
If you'd like to be introduced to the team at Pantheon International Plc, get in touch.Request a meeting