Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPantheon International Regulatory News (PIN)

Share Price Information for Pantheon International (PIN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 313.00
Bid: 313.00
Ask: 314.00
Change: -3.50 (-1.11%)
Spread: 1.00 (0.319%)
Open: 317.50
High: 317.50
Low: 313.00
Prev. Close: 316.50
PIN Live PriceLast checked at -
Pantheon International is an Investment Trust

To maximise capital growth by investing in a diversified portfolio of private equity funds and occasionally directly in private companies.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Monthly Performance Update

21 Feb 2017 07:00

RNS Number : 3669X
Pantheon International PLC
21 February 2017
 

21st February 2017

 

Pantheon International Plc

Performance Update at 31st January 2017

 

Month to 31st January 2017

 

Pantheon International Plc ("PIP") announces an unaudited net asset value ("NAV") per share at 31st January 2017 of 2,067.0p, a decrease of 22.5p (-1.1%) from the NAV per share as at 31st December 2016. Investment income (2.0p, 0.1%) and valuation gains (3.3p, 0.2%) were offset by foreign exchange movements (-25.3p, -1.3%) and expenses and taxes* (-2.5p, -0.1%).

PIP's valuation policy for private equity funds is based on the latest valuations reported by the managers of the funds in which PIP has holdings. In the case of PIP's valuation at 31st January 2017, the majority of reported valuations (accounting for circa 96% by value) are dated 30th September 2016 or later.

 

 

At 31st January 2017, PIP's private equity assets stood at £1,154m, whilst cash balances were £160m. Undrawn commitments to investments stood at £427m at 31st January 2017, calculated using exchange rates at that date. PIP's multi-currency revolving credit facilities comprise a US$138.8m facility and a €66.6m facility, which remained completely undrawn as at 31st January 2017.

 

PIP's portfolio generated net cash of £0.7m during the month, with distributions of £9.0m relative to £8.3m of calls from existing commitments to private equity funds.

 

PIP completed three new investments during the month, amounting to £18.2m of total commitments. This included: a secondary commitment for £1.9m to a North American small buyout fund; a £6.4m co-investment, alongside Vistria, in Apollo Education, a for-profit education provider; and a primary commitment of £9.9m to ABRY Senior Equity V, a senior equity fund which invests in media, communications and information services companies.

 

* Withholding taxes on investment distributions.

 

 

Monthly Report

The January monthly newsletter can be accessed on PIP's website at www.piplc.com in the Investor Relations section under the heading "Newsletters", or by following this link: http://www.piplc.com/investor-relations/newsletters.

 

Ends

 

 

 

 

NOTES

PIP

PIP is a London quoted investment trust, managed by Pantheon Ventures (UK) LLP ("Pantheon"), a leading global private equity fund investor, investing in both primary funds and secondary transactions, and from time to time capitalising further on its fund investment activities by acquiring direct holdings in unquoted companies, usually either where a vendor is seeking to sell a combined portfolio of fund interests and direct holdings or where there is a private equity manager, well known to Pantheon, investing on substantially the same terms. With investments in private equity funds, covering multiple private equity strategies ranging from investments in late stage buyouts to early stage venture, PIP enables individuals as well as institutions to gain access to a substantial portfolio of unquoted companies in the USA, the UK, Continental Europe and Asia, within funds managed by experienced private equity managers.

 

Pantheon

Pantheon is a leading global private equity fund investor that invests on behalf of over 400 institutional investors. Established over 30 years ago, Pantheon has developed a strong reputation and track record in primary, secondary and co-investments and across all stages and geographies. Pantheon has £27.1 billion in AUM** (as at 30th September 2016), 223 employees, including 71 investment professionals, located across offices in London, San Francisco, New York, Hong Kong, Seoul and Bogotá.

 

** This figure includes assets subject to discretionary or non-discretionary management, advice or those limited to a reporting function.

 

 

 

 

 

 

For more information please visit PIP's website at www.piplc.com or contact:

 

Andrew Lebus or Vicki Bradley

Pantheon

020 3356 1800

 

Neither the contents of PIP's website nor the contents of any website accessible from hyperlinks on PIP's website (or any other website) is incorporated into, or forms part of this announcement.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSESFWSFWSESE
Date   Source Headline
29th May 201310:04 amPRNTotal Voting Rights
28th May 20136:05 pmPRNTransaction in Own Shares
21st May 20137:00 amPRNNet Asset Value(s)
14th May 20137:00 amPRNInterim Management Statement
2nd May 20134:16 pmPRNDirector/PDMR Shareholding
1st May 20133:32 pmPRNTotal Voting Rights
29th Apr 20132:16 pmPRNHolding(s) in Company
26th Apr 201311:24 amPRNTotal Voting Rights
25th Apr 20135:49 pmPRNCorrection : Transaction in Own Shares
25th Apr 20135:18 pmPRNTransaction in Own Shares
22nd Apr 20137:00 amPRNNet Asset Value(s)
21st Mar 20137:00 amPRNNet Asset Value(s)
28th Feb 20137:00 amPRNHalf-yearly Report
21st Feb 20137:00 amPRNNet Asset Value(s)
6th Feb 20133:20 pmPRNTransaction in Own Shares
6th Feb 201310:37 amPRNCompliance with Model Code
31st Jan 20137:00 amPRNNet Asset Value(s)
20th Dec 20127:00 amPRNNet Asset Value(s)
10th Dec 20125:34 pmPRNTransaction in Own Shares
4th Dec 20124:28 pmPRNTransaction in Own Shares
3rd Dec 20123:44 pmPRNTotal Voting Rights
29th Nov 201210:55 amPRNTransaction in Own Shares
21st Nov 20123:17 pmPRNResult of AGM
20th Nov 20125:24 pmPRNTotal Voting Rights
20th Nov 20125:13 pmPRNTransaction in Own Shares
20th Nov 20127:00 amPRNNet Asset Value(s)
8th Nov 20124:31 pmPRNTotal Voting Rights
8th Nov 20124:28 pmPRNTransaction in Own Shares
7th Nov 20127:00 amPRNInterim Management Statement
1st Nov 20129:55 amPRNTotal Voting Rights
26th Oct 20125:02 pmPRNTotal Voting Rights
26th Oct 20124:56 pmPRNTransaction in Own Shares
25th Oct 20125:45 pmPRNTotal Voting Rights
25th Oct 20125:39 pmPRNTransaction in Own Shares
24th Oct 201212:00 pmPRNTotal Voting Rights
24th Oct 201211:48 amPRNTransaction in Own Shares
19th Oct 20121:03 pmPRNNet Asset Value(s)
11th Oct 20124:25 pmPRNHolding(s) in Company
20th Sep 201211:24 amPRNNet Asset Value(s)
6th Sep 20125:27 pmPRNTransaction in Own Shares
6th Sep 20122:57 pmPRNCompliance with Model Code
21st Aug 20124:24 pmPRNNet Asset Value(s)
1st Aug 20125:29 pmPRNTransaction in Own Shares
26th Jul 20127:00 amPRNNet Asset Value(s)
2nd Jul 20123:01 pmPRNTotal Voting Rights
8th Jun 20125:14 pmPRNTotal Voting Rights
8th Jun 20125:11 pmPRNTransaction in Own Shares
31st May 20125:31 pmPRNTotal Voting Rights
31st May 20125:20 pmPRNTransaction in Own Shares
30th May 20124:49 pmPRNTotal Voting Rights

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.