3 January 2025
For
immediate release
The
information contained in this announcement is restricted and is not
for publication, release or distribution in the United States of
America, Canada, Australia (other than to persons who are both
wholesale clients and professional or sophisticated investors in
Australia), Japan, the Republic of South Africa or any other
jurisdiction where its release, publication or distribution is or
may be unlawful.
Pantheon International
Plc
("PIP" or the
"Company")
Appointment of two
Non-Executive Directors
The Board of PIP is pleased to
announce the appointment of Tim Farazmand and Tony Morgan as
Non-Executive Directors of the Company and members of the Audit,
Management Engagement and Nomination Committees with effect from 3
January 2025.
Tim Farazmand is a seasoned investment and private equity
professional with over 33 years of executive experience, including
senior investment roles at Lloyds TSB Development Capital, Royal
Bank Private Equity and 3i PLC, and a subsequent nine years of
non-executive board experience. Tim is currently a Director
of Baronsmead Second Venture Trust plc and Ricardo PLC and sits on
several investment advisory boards. He has sat previously on a
range of consumer, trade association and B2B businesses boards as
Non-Executive Director and was the Chair of the British Private
Equity and Venture Capital Association (BVCA) in 2014-2015.
Tony Morgan is also an experienced
investment and private equity professional with 29 years of
executive experience. He has held senior investment roles at a
range of financial institutions, including Chief Investment Officer
at British International Investment Plc (formerly CDC Group plc),
and private equity firms Onex Corporation and Permira. He was also
Managing Director, Private Equity, at the Canada Pension Plan
Investment Board (CPPIB) in Toronto, where he oversaw a large
portfolio of private equity investments.
There are no other details or
disclosures to be made which are required under LR 6.4.8R of the
Financial Conduct Authority's Listing Rules for the appointments of
Tim Farazmand and Tony Morgan.
John Singer CBE, Chair of PIP,
commented: "I am delighted that Tim and Tony have agreed to join
the Board of PIP. Both Tim and Tony bring extensive leadership,
investment, and strategic experience, particularly in private
equity, which will be highly additive to the impressive range of
skills, diversity and talent that already exist on PIP's
high-quality Board. We look forward to welcoming them as we
continue to implement our three step corporate strategy that puts
PIP's shareholders first."
Ends
LEI: 2138001B3CE5S5PEE928
For more information please
visit PIP's website at www.piplc.com or contact:
Pantheon
Helen Steers / Charlotte Morris /
Vicki Bradley
Tel: +44 20 3356 1800
Follow us on LinkedIn: https://www.linkedin.com/company/pantheon-international-plc
NOTES
PIP
PIP is a listed FTSE 250
private equity investment trust, overseen by
an independent Board of Directors and managed by Pantheon, one
of the leading private equity investment managers globally. PIP
offers investors a liquid, differentiated entry point to the
excellent growth potential of global private equity, with access to
the primary, secondary and co-investment opportunities of some of
the best managers in the world. The Company has a track record of
NAV outperformance over the long term and manages risk
strategically through diversification and rigorous selection based
on Pantheon's extensive experience and international platform, and
robust investment due diligence and decision-making
processes.
Pantheon
PIP is managed and advised by
Pantheon, a specialist global private markets investor. Pantheon
has been at the forefront of private markets investing for more
than 40 years, earning a reputation for providing innovative
solutions covering the full lifecycle of investments, across
private equity, real assets and private credit. The firm has
partnered with more than 650 clients, with approximately $68bn in
discretionary assets under management (as at 30 June
2024).
Important
Information
A
copy of this announcement will be available on the Company's
website at www.piplc.com. Neither the content of the Company's website, nor the content
on any website accessible from hyperlinks on its website for any
other website, is incorporated into, or forms part of, this
announcement nor, unless previously published by means of a
recognised information service, should any such content be relied
upon in reaching a decision as to whether or not to acquire,
continue to hold, or dispose of, securities in the
Company.
