Pantheon collects $1.1bn for fifth secondaries fund

The fund came to market in 2013 with a $3bn target 

Fund of funds manager Pantheon has collected $1.12 billion for its fifth global secondaries fund, according to documents filed with the US Securities and Exchange Commission on Wednesday.

Pantheon Global Secondary Fund V launched in 2013 with a $2.5 billion target, according to PEI’s Research and Analytics division.

Limited partners in the fund include US pension Ventura County Employees Retirement Association. Pantheon did not return a request to comment by press time.

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