E116: How Everyday Investors can Access Private Equity w/Pantheon ($70B AUM)
Update: 2024-11-29
Description
Victor Mayer, Managing Director, Head of Private Wealth at Pantheon sits down with David Weisburd to discuss why top GPs are rushing to evergreen funds, how Pantheon balances small-cap potential and large-cap stability, and the benefits of Pantheon’s no-cost co-investment deals.
(0:00 ) Episode Preview
(1:32 ) Evergreen fund franchise and its purpose
(3:11 ) Evergreen structure and future outlook
(6:21 ) Tax implications and target customers for evergreen funds
(8:10 ) Addressing adverse selection in evergreen funds
(10:07 ) Pantheon's investment strategy for bio funds
(14:19 ) Identifying top buyout managers for Pantheon's portfolio
(16:39 ) Portfolio construction in small to middle market buyouts
(17:52 ) Fee structures in various investment vehicles
(20:06 ) Co-investment performance tracking methods
(22:24 ) Co-invest strategy and deal selection
(26:16 ) Venture capital evergreen structures
(28:54 ) Comparing small buyout and venture capital for LPs
(32:09 ) Exploring large cap funds and small cap opportunities
(34:23 ) Closing Remarks
Our Podcast now receives more than 200,000 downloads a month. Are you interested in sponsoring an episode? Please email me at David@10xcapital.com.
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X / Twitter:
@dweisburd (David Weisburd)
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LinkedIn:
David Weisburd: https://www.linkedin.com/in/dweisburd/
Victor Mayer: https://www.linkedin.com/in/mayervictor/
Pantheon: https://www.linkedin.com/company/pantheon-ventures/
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Links:
Pantheon: https://www.pantheon.com/
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Questions or topics you want us to discuss on The 10X Capital Podcast? Email us at david@10xcapital.com
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TIMESTAMPS:
(0:00 ) Episode Preview
(1:32 ) Evergreen fund franchise and its purpose
(3:11 ) Evergreen structure and future outlook
(6:21 ) Tax implications and target customers for evergreen funds
(8:10 ) Addressing adverse selection in evergreen funds
(10:07 ) Pantheon's investment strategy for bio funds
(14:19 ) Identifying top buyout managers for Pantheon's portfolio
(16:39 ) Portfolio construction in small to middle market buyouts
(17:52 ) Fee structures in various investment vehicles
(20:06 ) Co-investment performance tracking methods
(22:24 ) Co-invest strategy and deal selection
(26:16 ) Venture capital evergreen structures
(28:54 ) Comparing small buyout and venture capital for LPs
(32:09 ) Exploring large cap funds and small cap opportunities
(34:23 ) Closing Remarks
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