Pantheon Introduces Evergreen Infra Fund Targeting Private Wealth
Pantheon has filed for the registration of the AMG Pantheon Infrastructure Fund (P-BUILD), an evergreen fund that provides private wealth investors with access to infrastructure secondaries investments. The fund will be structured as a registered interval fund, with a focus on power, utilities, transport, logistics, and digital infrastructure.
P-BUILD aims to combine infrastructure investment benefits with secondaries advantages, potentially providing capital appreciation, yield, lower volatility, and portfolio diversification.
The launch represents Pantheon’s third US private wealth vehicle, alongside the AMG Pantheon Fund (P-PEXX) with $4.5 billion in assets and the AMG Pantheon Credit Solutions Fund (P-SECC).
“Private wealth investors are increasingly expanding their real asset exposure by including infrastructure investments. P-BUILD will offer investors potential exposure to uncorrelated returns with lower volatility and a more predictable yield opportunity through a differentiated investment strategy,” said Michael Hutten, Pantheon partner, and head of U.S. private wealth.
Pantheon manages $21.4 billion in infrastructure assets and recently raised $5.3 billion in its largest infrastructure program. The firm’s specialized evergreen solutions manage approximately $8.6 billion globally.
The $68 billion firm has been active in private market secondaries since 1988 and was one of the first managers to become active in the niche secondaries sector, raising its debut infrastructure secondaries fund in 2010.
