Pantheon hires second principal

Private equity fund-of-funds investor Pantheon has added Saverio Costa to its client services team in New York.

Costa joins as a principal and will be responsible for the firm’s East Coast clients. The move follows the recent appointment of Brian Lim as principal in the Asian investment team at Pantheon’s Hong Kong office.

Prior to Pantheon, Costa was a partner with New York-based placement agent Benedetto Gartland & Company for 10 years. He was responsible for structuring private equity investment vehicles and raising capital from institutional investors.

Founded in 1982, Pantheon has over US$21bn under management. It employs 138 people including 65 investment professionals and has offices in London, San Francisco, New York and Hong Kong.