The international investment trust Pantheon just launched a private credit secondaries fund, expanding its wealth offerings to investors.
With the Pantheon Credit Solutions Fund (PSECC), the firm will seek to build a diversified portfolio of private credit investments — in total, it has more than $3 billion devoted to credit secondaries. Pantheon's platform also includes the $2.3 billion AMG Pantheon Fund.
“We have heard from the private wealth community that demand for private credit funds is increasingly focused on addressing concerns around inflation, rising rates, credit defaults and the continued need for enhanced income," said Michael Hutten, a Pantheon partner and head of U.S. private wealth. "We believe the unique combination of diversification, income and total returns in private credit secondaries offers a compelling, differentiated allocation solution for investors."