Pantheon International (PIN)

Sector:

Investment Firms

Index:

FTSE 250

2,915.00p
   
  • Change Today:
      20.00p
  • 52 Week High: 2,930.00
  • 52 Week Low: 2,055.00
  • Currency: UK Pounds
  • Shares Issued: 54.08m
  • Volume: 39,075
  • Market Cap: £1,576.42m
  • RiskGrade: 101

Pantheon International reports good net asset value growth in March

By Josh White

Date: Friday 23 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Pantheon International reported an unaudited net asset value per share of 3,274.4p as at 31 March on Friday, making for an increase of 119.5p, 3.8%, from the end of February.
The FTSE 250 private equity company said that over the month, valuation gains added 101.8p or 3.2%, investment income added 2.9p or 0.1%, foreign exchange movements were 18.9p or 0.6%, and expenses and taxes were -4.1p or -0.1%.

Its valuation policy for private equity funds is based on the latest valuations reported by the managers of the funds in which it has holdings, and in the case of its valuation as at 31 March, 97% of reported valuations were dated 31 December or later.

At the end of March, Pantheon's private equity assets stood at £1.64bn, while net available cash balances totalled £183m.

The asset-linked note outstanding as at 31 March amounted to £51m, while undrawn commitments to investments stood at £531m, calculated using exchange rates at that date.

Its multi-currency revolving credit facilities comprised a $269.8m facility and a €101.6m facility, which remained undrawn as at the end of March.

"Pantheon International has committed $150m as a cornerstone investor to the Pantheon Secondaries Opportunities Fund (PSOF)," the board said in its statement.

"PSOF seeks to partner with high quality private equity managers to acquire, as single transactions, their most attractive portfolio companies with the goal of jointly participating in such companies' next phase of growth."

It said Pantheon's commitment to PSOF formed part of its existing strategy to capitalise on the breadth of opportunities in that part of the secondaries market, which it believed was undercapitalised and growing rapidly.

"Pantheon International has agreed a fee basis with Pantheon for this investment which, in recognition of its cornerstone role, is lower than the standard fee scale applied to the rest of the company's portfolio."

At 0828 BST, shares in Pantheon International were up 0.8% at 2,681.21p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PIN Market Data

Currency UK Pounds
Share Price 2,915.00p
Change Today 20.00p
% Change 0.69 %
52 Week High 2,930.00
52 Week Low 2,055.00
Volume 39,075
Shares Issued 54.08m
Market Cap £1,576.42m
RiskGrade 101

PIN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.51% above the market average48.51% above the market average48.51% above the market average48.51% above the market average48.51% above the market average
58.76% above the sector average58.76% above the sector average58.76% above the sector average58.76% above the sector average58.76% above the sector average
Price Trend
40.66% above the market average40.66% above the market average40.66% above the market average40.66% above the market average40.66% above the market average
47.63% above the sector average47.63% above the sector average47.63% above the sector average47.63% above the sector average47.63% above the sector average
Income Not Available
Growth
37.66% above the market average37.66% above the market average37.66% above the market average37.66% above the market average37.66% above the market average
29.27% above the sector average29.27% above the sector average29.27% above the sector average29.27% above the sector average29.27% above the sector average

PIN Dividends

No dividends found

Trades for 21-Sep-2021

Time Volume / Share Price
16:35 5,686 @ 2,915.00p
16:29 11 @ 2,905.00p
16:29 1 @ 2,910.00p
16:29 1,500 @ 2,906.25p
16:28 8 @ 2,910.00p

PIN Key Personnel

Chair Laurence Magnus

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