Simpson Thacher represented Pantheon and its affiliates in connection with the closing of its first private equity collateralized fund obligation (“CFO”). The $1 billion CFO exceeded its initial target of $750 million and marks an important milestone for Pantheon as it continues to innovate across private markets.
Pantheon has been investing in private markets secondaries since 1988 and currently manages $13.5 billion in private equity secondaries. The launch of Pantheon’s first CFO reflects growing demand for Pantheon’s global expertise across private markets at tailored access points for unique investor needs.
The Simpson Thacher team included Adam Risell, Ryan Marosy, Ian Dummett, Sangil Min, Blake Marsee and Thomas Cerja IV (Structured Products); Benjamin Rippeon, Kathryn Stone, and Jessica Berman (Tax); and Lauren King, Trent Pacer and Mark Pemberton (Funds).