Pantheon has named Paul Barr as partner. Also, the firm has appointed Richard Sem, a partner, as head of Europe in the infrastructure team. Pantheon has promoted Jérôme Duthu-Bengtzon and Dinesh Ramasamy to partner and and made eight team promotions.
Pantheon Appoints New Global Infrastructure Partner; Bolsters Senior Global Infrastructure Team
· Paul Barr appointed as Partner, joins from GIC
· Richard Sem, Partner, becomes Head of Europe in the Infrastructure team
· Jérôme Duthu-Bengtzon and Dinesh Ramasamy promoted to Partner
· Eight team promotions announced in Pantheon’s annual Promotions
Pantheon is pleased to welcome Paul Barr as investment Partner in our Global Infrastructure & Real Assets team; just one of a number of changes to bolster the senior team in this growing area of our business.
Elsewhere Richard Sem, who joined Pantheon as Partner in London in 2017 and has 25 years’ industry experience, is named Head of Europe in the Infrastructure team.
Both announcements follow the promotion to Partner last week of Jérôme Duthu-Bengtzon and Dinesh Ramasamy, taking the number of Partners in in Pantheon’s Global Infrastructure & Real Assets team to eight. A total of eight promotions across the wider team were included in Pantheon’s annual firm promotions, reflecting the strong growth and success of the Infrastructure practice since it was established in 2009.
“The announcements we are making today are testament to the strong growth of our Infrastructure franchise, for which we thank our clients and GPs,“ commented Andrea Echberg, Global Head of Infrastructure & Real Assets.
“We are thrilled to welcome Paul, who brings a wealth of experience across all the strategies in which Pantheon is proactively engaged. I would also like to congratulate Dinesh and Jerome on their promotion to Partner, alongside their six colleagues whose contributions were additionally recognized in our latest promotions.”
Assets under management in this part of the business stood at $14.8 billion1 as of Q3 2020, up from ~$400 million over the past 10 years. The team manages five global comingled strategies together with a number of separate account mandates, including for several important clients in key strategic markets. Pantheon is a proactive and innovative investor in the private Infrastructure investment sphere, investing with more than 50 premium infrastructure GPs, sourcing $96 billion of potential investments, and completing 140 transactions across our programs since their formation.
Wealth of experience
Paul joined Pantheon earlier this month from Singapore-based GIC, a large-scale infrastructure investor, to provide additional senior-level presence as we continue to expand our Infrastructure & Real Assets strategy. He will initially be based in London, with a view to assuming a senior leadership position within Pantheon’s San Francisco Infrastructure team either later in 2021 or early 2022, where he will work alongside Partners Evan Corley, Matt Garfunkle, Kathryn Leaf and Dinesh Ramasamy.
Paul brings 15 years of experience across infrastructure primary, secondary and co-investment opportunities, with additional involvement in infrastructure direct investing and infrastructure debt transactions. Paul joined GIC in 2012, working in both London and more recently Singapore. Prior to GIC, Paul worked at Challenger and Macquarie Bank and has led many successful co-bid and co-investments across diverse sectors including energy, utilities, transportation and telecoms. He has also actively pursued and invested into several secondary transactions, including GP led and LP transactions, where Pantheon has a leadership reputation in the private Infrastructure market.
Pantheon’s three new Partners have been appointed members of the Global Infrastructure and Real Assets Committee (“GIRAC”), which is chaired by Kathryn Leaf, Partner.
“I’m delighted to welcome Paul, Jerome and Dinesh to GIRAC, where their experience and skills in leading and closing deals will further contribute to our global programs and clients,” she commented.
Pantheon Group* (“Pantheon”) is a leading global private equity, infrastructure, real assets and debt fund investor that currently invests on behalf of over 660 investors, including public and private pension plans, insurance companies, endowments and foundations. Founded in 1982, Pantheon has developed an established reputation in primary, co-investment and secondary private asset solutions across all stages and geographies. Our investment solutions include customized separate account programs, regional primary fund programs, secondaries, co-investment, infrastructure and real assets programs. Pantheon has four decades’ experience of investing in private markets.
As at September 30th, 2020 Pantheon had $58.4 billion assets under management** and the firm currently has around 350 employees located across its offices in London, San Francisco, New York, Hong Kong, Seoul***, Bogotá***, Tokyo and Dublin. Its global workforce includes 104 investment professionals.
Pantheon is majority-owned by Affiliated Managers Group Inc. (“AMG”), alongside senior members of the Pantheon team. AMG is a NYSE-listed global asset management company with equity investments in leading boutique investment management firms. The ownership structure, with Pantheon management owning a meaningful share of the equity in the business, provides a framework for long-term succession and enables Pantheon management to continue to direct the firm’s day-to-day operations.