At a glance
- Pricing on the close was not disclosed.
- Pantheon's $6 billion pool bidding for the same LP-led portfolios and GP-led continuation deals can narrow the discounts that historically gave buyers their edge, HedgeCo said.
- For an RIA or family office weighing a secondaries allocation, the test is the price the fund pays for LP interests against the NAV those interests are marked at.
Pantheon closed Global Secondaries Fund VIII at $6 billion, 71% above its $3.5 billion target, HedgeCo News reported Nov. 1, describing it as the firm's largest secondaries raise. The fund drew significant new money from Asia and the Middle East. Pricing on the close was not disclosed.
Pantheon's $6 billion pool bidding for the same LP-led portfolios and GP-led continuation deals can narrow the discounts that historically gave buyers their edge, HedgeCo said.
For an RIA or family office weighing a secondaries allocation, the test is the price the fund pays for LP interests against the NAV those interests are marked at.
Pantheon's Form ADV, filed July 14, lists $87.7 billion of regulatory assets, 129 employees and 157 accounts, putting the $6 billion secondaries close inside a larger multi-product manager.
Reported by the Secondaries desk from HedgeCo News, Bloomberg (via HedgeCo News), PSERS documents (via HedgeCo News) and Form ADV (SEC IAPD). Published . Updated Nov 1, 2026 · 1:40 p.m. ET. Corrections