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Pantheon International announces leadership transition as Steers retires
LONDON - Pantheon International Plc (PIP) announced Thursday that Helen Steers MBE, Partner at Pantheon and co-lead manager of the company, will retire at the end of 2025 after 21 years with the firm.
Charlotte Morris, who has been serving as co-lead manager alongside Steers since June 2024, will continue to manage the FTSE 250 private equity investment trust. Morris is a Partner in Pantheon’s Global Secondaries team with 19 years of experience at the firm.
The transition is part of PIP’s planned succession process. Morris will work with a dedicated team that oversees the day-to-day management of PIP while leveraging resources from Pantheon’s platform of 131 investment professionals globally.
"The Board would like to express its sincere thanks to Helen for her exceptional contribution to PIP and the wider Pantheon business over the last two decades," said John Singer CBE, Chair of PIP.
Steers, who has worked in private markets for more than three decades, commented: "It has been an absolute privilege to manage PIP and serve its shareholders. Charlotte is an exceptional investor and will continue to manage the Company with the same discipline, thoughtfulness, values and long-term focus."
PIP is a listed FTSE 250 private equity investment trust managed by Pantheon, which has approximately $71 billion in discretionary assets under management as of September 30, 2024, according to the press release statement.
The announcement marks the final stage of PIP’s three-step strategic program, though specific details about this program were not disclosed in the statement.
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