London — December 11, 2008 — Pantheon, a leading global private equity funds-of-funds investor, has recruited Francesco di Valmarana to its London-based European Secondaries team in response to increasing dealflow in the secondaries market.
Elly Livingstone, Head of Pantheon’s Global Secondaries team, said: “The secondaries market is growing in sophistication. Experienced global players with in-depth knowledge of funds across all the major geographic markets will thrive in conditions where rapid response and innovative structuring are vital. Francesco’s appointment boosts our Global Secondaries team to 25 investment professionals and complements our substantial investment experience in this market.”
Pantheon was an early pioneer of the secondaries market in Europe through the 1980s and has a 22-year track record as a global secondaries investor. The firm has committed in excess of US$4.5 billion to this segment of the market in over 250 transactions.
Notes to editors
Pantheon Ventures Ltd.
Pantheon (www.pantheonventures.com) has been active in private equity since 1982 and is one of the world’s leading private equity fund-of-funds and secondaries managers, with $24.5 billion under management (as of 30 June 2008), a global team of 148 including 68 investment professionals, and offices in London, San Francisco, New York and Hong Kong (as of 1 December). It develops and implements private equity investment strategies for over 300 global institutional investors; it manages regional funds-of-funds in the U.S., Europe and Asia, customised separate account programmes and global secondary funds. Pantheon also acts as manager to Pantheon International Participations PLC (“PIP”), the world’s first quoted private equity fund-of-funds, launched in 1987 and listed on the London Stock Exchange. Pantheon is part of Russell Investments.
Russell Investments is an investment firm with global reach, providing investment products and services to individuals and institutions in 44 countries. A pioneer in multi-manager investing, and the creator of Russell Indexes, Russell manages more than US$230 billion in assets (as of September 30, 2007) and advises clients worldwide whose assets represent approximately US$2 trillion (as of September 30, 2006). Founded in 1936, Russell is a subsidiary of Northwestern Mutual and is headquartered in Tacoma, Washington. For more information, go to www.russell.com.
Elly Livingstone, Partner, Head of Global Secondaries Team +44 207 484 6200
Carsten Huwendiek, Principal, Head of Marketing & Communications +44 207 484 6200