Pantheon Raises $2.2 Billion for New Credit Fund, Tripling Goal

Pantheoncollected $2.2 billion for its latest opportunistic credit secondaries fund, almost triple the initial target of $750 million that it marketed to investors.

Overall, Pantheon has amassed $8.3 billion in its third fundraising round for senior and opportunistic credit funds, “a validation of both the market opportunity as well as our track record,” Rakesh Jain, a partner and global head of private credit, said in an interview. In April, Pantheon brought in $5.2 billion for its flagship credit secondaries fund that focuses on senior debt.

Rakesh Jain, global head of private credit at Pantheon.

Source: Harry Zernike

“We are early in the maturation of the private credit secondaries asset ...