Pantheon has announced the launch of a private equity fund for retail and institutional investors.
The Pantheon Global Private Equity fund (PGPE) will aim to invest in a diversified portfolio, offering investors access to US and European mid-market private equity.
The strategy offers monthly subscriptions and includes a quarterly liquidity mechanism.
Run by managing director Victor Mayer, the strategy will be housed on Pantheon’s $7bn (£5.7bn) global private wealth platform.
He said: “Pantheon continues to innovate to meet increasing demand from an array of private and institutional investors to access the best opportunities across private markets.
“PGPE offers a compelling solution that combines diversified access to US and European mid-market private equity and immediate participation to achieve a target allocation through a single investment, without the high investment minimums and long capital lock-ups typical in traditional funds.”