Pantheon hires real assets VPs, promotes partner

The $34bn asset manager is bolstering its San Francisco office after raising nearly $1bn for infrastructure and natural resources in a year.

London-based Pantheon has promoted Evan Corley, its head of natural resources, to partner in a bid to capitalise on its recent real assets “fundraising success”.

A 12-year veteran at Pantheon, Corley has been instrumental in growing its real assets platform, the firm said in a statement. The unit was launched in March 2015, and Pantheon says it has raised more than $1 billion from clients over the 12 months that followed.

“The strategy continues to experience significant demand, having set a fast pace in its first full year of fundraising,” the firm said.

Bolstering the team are Dinesh Ramasamy and Samayita Das, two newly hired vice-presidents that are joining the infrastructure and real assets unit from Goldman Sachs’ global natural resources group and JPMorgan’s energy investment banking group respectively.

Corley, Ramasamy and Das will all operate from Pantheon’s San Francisco outpost, which the firm opened in 1987.

The appointments came along a raft of operational hires the firm has made since the beginning of the year, in a bid to “support its strong business growth and expansion”.

In March last year, Panthon closed its 2014 global infrastructure programme on more than $1 billion, including a commingled programme and separate accounts. The firm’s only previous global infrastructure programme, a 2009 vintage, was reported to have closed on slightly more than $500 million.

The latest programme has a focus on secondaries, while also being active in primaries and co-investments. In October, Panthon teamed up with SL Capital Partners and two pension funds to buy a stake in a Deutsche Asset and Wealth Management infrastructure vehicle sold by BAE Systems‘ pension fund.

Pantheon is owned by New York-listed Affiliated Managers Group, alongside senior members of the Pantheon team.