IN BRIEF: Pantheon International to reduce legacy Russia exposure
Pantheon International PLC - investment trust focused on private equity - Says its portfolio has no direct exposure to funds or companies in Ukraine or Belarus, but it has a "negligible exposure" to Russian assets, which are held via a legacy position. A provision has been made to reduce the valuation of this exposure to zero from GBP2.9 million as at February 28. Says it has not invested in Russian region "for some time", and it does not form part of company's investment strategy. Read More