Pantheon closed its first private equity collateralized fund obligation (CFO) at $1 billion, exceeding a $750 million target. London- and New York-based Pantheon manages $85 billion in assets and invests across private markets strategies. The CFO gives institutional investors rated exposure to Pantheon’s flagship private equity secondaries and co-investment strategies through a seeded portfolio of private equity assets backed largely by middle-market private equity secondaries investments divers...
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