Pantheon forms separate account with Germany’s largest public pension

Pantheon has formed a separate account with Bayerische Versorgungskammer (BVK), Germany’s largest public pension group. The separate account will invest in buyout, growth equity and venture capital funds in North America, Europe and Australia, as well as growth markets in Latin America, Asia and Africa. The account also will target secondary and co-investment opportunities globally.

Press Release

Pantheon, a leading global private equity fund investor, today announced a new global private equity programme established jointly with Bayerische Versorgungskammer (BVK), Germany´s largest public pension group. The separate account, which will be managed by Pantheon, will invest in primary buyout, growth equity and venture capital funds in mature markets in North America, Europe and Australia and growth markets in Asia, Latin America and Africa. It will also invest in secondary and co-investment opportunities globally. Pantheon has been working with the alternatives team at BVK since 2007, establishing a strong relationship and shared investment values.
Commenting on the new programme, Chris Meads, Pantheon’s Chief Investment Officer, says: “We are delighted that BVK has decided to continue our partnership. Focusing on the potential for outstanding investment performance across established and emerging markets, we will work closely with the Alternative Investment Team at BVK to deliver this global programme.”

Anselm Wagner, Head of Equity and Alternative Investments at BVK, comments: “We are very pleased to continue the close working relationship with Pantheon. Last year we decided to reduce the number of external managers and grant larger mandates to our core managers for the next investment period 2014 to 2017. We selected Pantheon as one of our core managers because of their investment expertise, global reach and their long standing dedication to responsible investment.”