Pantheon entices Jie from Morgan Stanley

The firm hopes Jie Gong’s recruitment will strengthen its offering in China and beyond.

Pantheon has bolstered its Asian investment team with the appointment of Jie Gong as a partner.

Gong joins Pantheon from Morgan Stanley Alternative Investment Partners, where she was an executive director and portfolio manager for Asia.

In this role, she led Morgan Stanley's buyout and growth equity fund investment and co-investment activities across Asia. Prior to her six years at Morgan Stanley, Gong worked for JPMorgan and the International Finance Corporation, the private sector investment arm of the World Bank Group.

Gong “will play a significant role” in helping to bolster Pantheon’s position in Chinese private equity and more generally throughout Asia across primaries, secondaries and co-investments, Chris Meads, chief investment officer, said in the statement.

The appointment comes shortly after Pantheon picked up a €504 million commitment from German pension fund Bayerische Versorgungskammer (BVK) to manage a global separate account, according to a filing by the Securities and Exchange Commission.

The investment programme will back primary buyouts, growth equity and venture capital funds in North America, Europe, Australia and growth markets in Asia, Latin America and Africa, according to a separate Pantheon statement. It will also target secondary and co-investment opportunities globally. Pantheon, which manages more than $25 billion globally, has been working with the alternatives team at BVK since 2007.

The commitment comes after BVK reduced the number of relationship with external managers last year, opting instead to grant larger mandates to its core managers for the period between 2014 and 2017, it said in the statement. Pantheon made the cut because of its “ investment expertise, global reach and their long standing dedication to responsible investment,” according to Anselm Wagner, head of equity and alternative investments at BVK.