Pantheon International (PIN)

PIN is a leading FTSE 250 private equity investment trust which invests in a diversified mix of direct private company investments and ‘invitation only’ funds across three primary sectors – digital, healthcare, and consumer non-discretionary. It's been around since 1987 and has a simple aim of making private equity - and associated returns - publicly available while maximising capital growth over the long term. In this interview, we talk to Helen Steers, lead portfolio manager and investment partner at parent group Pantheon - a global private equity manager with $90bn under management. We discuss the company’s unique approach and the advantages it offers private investors; the secular growth on offer in its target sectors; how ESG principles are core to the company’s ability to create value; and why myths surrounding private equity has left the sector trading at unjustified discounts to what currently has proved to be robust net asset values.