Grünwald near Munich/London — SOLUTIO AG and PANTHEON have closed their second joint fund of funds SOLUTIO PREMIUM Private Equity VII with subscription commitments of EUR 553 million (final closing). This is another ten percent more than the predecessor fund SOLUTIO PREMIUM Private Equity VI, for which 500 million euros had been raised as of July 2017.
“The ten percent increase proves that the trend towards off-market corporate investments among institutional investors such as banks, insurance companies and pension funds is continuing,” said Robert Massing (photo), CEO of SOLUTIO AG. “The Corona crisis does not change this, on the contrary: the vast majority of institutional investors keep the share of alternative assets in their portfolios stable or even increase it, even in times of crisis. Thus, they benefit from the currently tending lower entry prices for corporate investments due to the Corona pandemic.”
For the professional structuring of the portfolio, SOLUTIO AG again cooperates with its London-based joint venture partner PANTHEON, which with its know-how of more than 35 years and a managed volume of more than 50 billion US dollars occupies a top position in this industry.
“After the great success of the previous program, it was obvious that we would continue our cooperation with SOLUTIO for the benefit of our institutional investors,” said Ralph Günther, who is responsible for PANTHEON’s business in German-speaking countries.
The strategic investment program SOLUTIO PREMIUM Private Equity VII focuses on small and medium-sized target funds for corporate acquisitions (buy-outs) in the core markets of Europe and the USA. For a balanced risk-return profile, funds from the fund of funds are invested in both primary programs and secondary transactions. The term is 13 years from first closing (July 2031) plus a three-time extension option of one year each.
The successor fund with the same strategy is expected to be launched in the first half of 2021.
SOLUTIO AG
SOLUTIO AG, founded in Munich in 1998, develops innovative investment concepts especially for the needs of German and Austrian institutional investors in the field of real assets. SOLUTIO initiates investment concepts exclusively together with managers who have a proven track record of above-average success. The company itself also participates in all investment concepts. Over the past 22 years, SOLUTIO AG and its joint venture partners have launched 16 investment programs in the asset classes of private equity, infrastructure and private debt with a total volume of 4.7 billion euros. www.solutio.ag
About PANTHEON
Pantheon is a leading global private markets fund investor, investing on behalf of over 600 institutional investors. These include public and private pension systems, insurance companies and foundations. The company was founded in 1982 and has since become a renowned address for solutions in primary and secondary investments in non-listed assets across all phases and regions. Our customized investment solutions include separate account, regional primary fund, secondary, co-investment, infrastructure and real asset programs.
As of March 31, 2020, Pantheon oversees $50.7 billion in assets*. The company currently employs 340 people, including 100 investment professionals, in offices in London, San Francisco, New York, Hong Kong, Seoul**,Bogotá**, Tokyo and Dublin.
Pantheon, in addition to senior members of the Pantheon team, is majority owned by Affiliated Managers Group Inc. (“AMG”). AMG is a New York Stock Exchange (NYSE) listed global asset management company with interests in leading investment management boutiques. The shareholder structure, in which Pantheon’s management holds a significant stake, provides the basis for a long-term partnership and thus enables the management team to further develop the business.