London and New York, July 30, 2026 – Pantheon, a leading global private markets investor with approximately $84bn in AUM, today announced the final close of the Pantheon Global Co-Investment Opportunities Fund VI (PGCO VI) and related vehicles. At $3.2bn, the Fund is Pantheon’s largest program raised for its dedicated co-investment strategy.
Since its inception as a dedicated strategy in 2009, PGCO VI has been a core component of Pantheon’s $41bn1 private equity platform, providing investors with access to a curated portfolio of high-quality mid-market companies alongside leading general partners in select market segments. The fund maintains a strategic focus on non-bank financials, industrials and business services, and technology, and continues Pantheon’s approach of pairing each opportunity with the general partner best positioned to drive value creation in that segment. PGCO VI, like its predecessor funds, will focus on efficient deployment and disciplined portfolio construction, including diversification by manager, sector, and vintage.
The closing follows Pantheon’s record deployment of approximately $1.3bn1 across 30 co-investment deals in 2025, reflecting the firm’s robust proprietary deal flow and the continued demand for direct co investment as a strategy for accessing private equity opportunities.
Jeff Miller, Chief Investment Officer and Global Head of Private Equity at Pantheon, said: “We are pleased to complete our largest dedicated co-investment program to date at $3.2bn, reflecting our 17-year track record of consistent execution across market cycles. This was achieved through our differentiated edge built on the depth and breadth of our relationships, the volume and quality of our proprietary deal flow, and our ability to identify and underwrite high quality opportunities across the mid-market. We are entering this next phase with a high-quality portfolio and strong conviction in our ability to continue identifying compelling opportunities for our investors.”
Florence Dard, Chief Client Officer at Pantheon, added: “Co-investments continue to be a compelling component of private equity allocations, and our investors value the direct exposure they offer, the depth of diligence Pantheon brings, and the diversification a program like PGCO VI provides. The fund’s investor base has grown across all regions, with the strongest expansion coming from Asia, and now includes several new countries for the first time. Pension funds remain PGCO VI’s largest source of capital, but the base has broadened to include sovereign wealth funds, insurance companies, asset managers, family offices and endowments. We are grateful for the continued support of our existing clients and are delighted to welcome new investors into the program.”
Pantheon’s global private equity platform has a 40-year track record of investing across the full lifecycle from primary fund commitments to co-investments and secondaries. This breadth of expertise across private equity, infrastructure, and private credit provides the access, relationships, and structuring capability to source and execute across the widest range of opportunities to create value for investors.