24th Mar 2023 08:33
(Alliance News) - Pantheon International PLC on Friday said net asset value improved marginally in February.
The investment trust focused on private equity assets managed by third-party managers said NAV per share at February 28 was 463.4 pence, up 0.8% from 459.7p at January 31. Total private equity assets increased 0.6% to GBP2.44 billion from GBP2.43 billion over the month.
Pantheon International highlighted that in February it made a GBP16.5 million primary commitment to the Charlesbank Technology Opportunities Fund II.
"The fund will target investments in mid-market technology companies based in the US in the following subsectors: application software, infrastructure software, healthcare IT, cybersecurity, cloud computing, and fintech," Pantheon explained.
Pantheon International shares were up 0.1% at 236.65 pence each in London on Friday morning.
By Tom Budszus, Alliance News reporter
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