Fund databasePrivate Equity

Pantheon Global Private Equity Fund

Pantheon Ventures · LU2756308701

Part II SICAV Private Equity Luxembourg 4 share classes ↓ Secondaries Co-Investments Buyout

NAV
Fund currencyUSD
Income treatmentaccumulating
Performance 12M (provider)+13.0%
Ongoing costs
Min. investment
Redemptionquarterly
Risk (SRI)

01Performance

We do not yet have a NAV series for this fund. Semi-liquid funds often publish their unit prices only monthly or quarterly — and not always publicly.

Provider figures

These come from the factsheet, the PRIIPs KID or the monthly report. They may relate to a different reference date, a different share class or a longer period than the series above — the series starts with the first documented unit price, not necessarily with the launch. That is why the values sometimes differ.

Performance 12M13.00%
Since launch p.a.20.10%

02Strategy & portfolio

What the fund does and how the portfolio is put together.

Launch year2024
Fund sizeUSD 1.40bnas at 30 Jun 2026
CurrencyUSD
Income treatmentaccumulating
SFDR
Recommended holding
Liquidity buffer
Leverage limit

Risk indicator not documented from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.

Portfolio breakdown

Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.

Sector breakdown

Actual portfolio% of NAVas at 30 Jun 2026

Technology & software25.0%
Healthcare & life sciences19.0%
Industrials & manufacturing19.0%
Financial services18.0%
Consumer discretionary6.0%
Consumer staples5.0%
Other8.0%
Show groups
Technology & software25.0%
Healthcare & life sciences19.0%
Industrials & manufacturing19.0%
Financial services18.0%
Consumer & retail11.0%
Other8.0%
Source: Pantheon 'Global Private Equity Fund' Factsheet 30.06.2026, S. 2, Grafik 'Sector'

Geographic breakdown

Actual portfolio% of NAVas at 30 Jun 2026

North America65.0%
Europe28.0%
Other / unallocated7.0%
Source: Pantheon 'Global Private Equity Fund' Factsheet 30.06.2026, S. 2, Grafik 'Geography'

Strategy

Secondaries Co-Investments Buyout Growth Equity

Secondaries + co-investments (main focus), primaries; buyout/growth mid-market

03Costs

The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.

Management fee0.85%
Total ongoing costsnot documented
Entry charge max.0.00%
Redemption fee2.00%
Performance fee8.00%
Hurdle rate5.00%
High-water markyes

How the performance fee works

'5% hurdle; high-water mark with 100% catch-up'; performance fee basis: TOTAL RETURN. From this it follows: (a) measured at WHOLE-FUND LEVEL (whole-fund, total return), NOT deal-by-deal; (b) measurement basis total return, i.e. including UNREALISED appreciation, not only realised gains; (c) HURDLE 5.00 % - economically SOFT, as it is combined with a 100 % catch-up; (d) 100 % CATCH-UP; (e) HIGH-WATER MARK in place; whether with a reset: not documented; (f) crystallisation frequency: not documented

Costs per the key information document

Not publicly disclosed (Part II UCI for professional investors; no publicly available PRIIPs KID with a cost breakdown).

04Subscription & entry

How you get into the fund, and on what terms.

Subscriptionmonthly
Minimum investmentnot documented
Entry chargeup to 0.00%
Rec. holding periodnot documented

Subscription per the document

monthly (typical)

05Redemption & liquidity

Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.

Units can be redeemed quarterly; notice must be given 30 days before the date; on each date the fund redeems at most 5 % of fund assets; for the first 12 months after subscription no redemption is possible.

1 · Lock-up12 months from subscription
2 · Notice period30 days before the date
3 · Redemption datequarterly
4 · Gatemax. 5 % per date
5 · Payout5 days after the date

The gate caps redemptions at 5 % of fund assets per date. If more investors want out at the same time, orders are scaled back pro rata or deferred to the next date.

From the notice being received to the money reaching your account: typically around 35 to 127 days — depending on how far away the next redemption date is. If the gate bites or redemptions are suspended, it can take considerably longer.

Redemption per the document

quarterly (typical)

Gate per the document

5 % of NAV per quarter

Notice period

not documented

Lock-up

2 % redemption charge < 12 months

Liquidity score: 3.2 of 5

Redemption frequency
3 / 5 · 40 %
Gate / redemption cap
3 / 5 · 25 %
Notice period
4 / 5 · 20 %
Redemption fee
3 / 5 · 15 %

The score measures only the contractual redemption mechanics (the higher, the more flexible) — not whether the fund actually stays liquid under stress. Weightings in per cent.

06Share classes

4 classes known. All cost and risk figures on this page apply to LU2756308701.

ISINStatusMin. investmentOngoing costsSRI
LU2756308701basis of this pagenot documentednot documentednot documented
LU2756307729documentednot documentednot documentednot documented
LU2996223397documentednot documentednot documentednot documented
LU2996228198documentednot documentednot documentednot documented

Costs, minimum investment and risk can differ markedly by class — check the key information document of the specific class before subscribing.

07Fund details & verification

Who stands behind the fund, who it is authorised for — and what the figures rest on.

AIFM / management company

AIFM: Pantheon Ventures (Ireland) DAC (regulated by the Central Bank of Ireland); portfolio manager: Pantheon Ventures (UK) LLP (FCA-regulated); depositary and administrator: The Bank of New York Mellon SA/NV (Lux)

Launch date

7 Mar 2024

Eligible investors

Institutional, professional (ex-US)

Distribution authorisation

UK, Hong Kong, Japan, New Zealand, Panama among others

Fee layers / double charging

DOUBLE CHARGING IS STRUCTURAL AND BROAD-BASED: PGPE is a classic diversified private equity fund of funds and allocates across ALL FOUR access routes: PRIMARIES (primary fund commitments), LP- AND GP-LED SECONDARIES, direct investments AND co-investments, with a focus on mid-market managers. For the primaries and secondaries portion, management fees and carried interest of the respective GPs arise in addition at target-fund level. The low fund-level fee of 0.85 %/8 % has to be read against this background: Pantheon deliberately positions itself as a low-cost access level above an expensive target-fund level

All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.

Similar funds

Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.

Important information. semiliquid.info does not provide investment advice and makes no recommendation to buy, sell or hold fund units — no ranking, no offer, no invitation to subscribe. Only the prospectus and the key information document (PRIIPs KID) of the respective fund are authoritative. We give no warranty for the accuracy, completeness or currency of the information. Semi-liquid funds invest in illiquid assets: redemptions are possible only to a limited extent and can be capped, deferred or suspended; there is a risk of total loss. Past performance is not a reliable indicator of future results. Read the prospectus and the key information document before making an investment decision and seek professional advice where appropriate.