Global fund of funds manager Pantheon has named Amanda McCrystal as its newest principal, responsible for leading the firm’s development of new product and distribution initiatives, according to a statement.
A spokesperson for the firm said McCrystal will lead efforts to design new fund products that will both mitigate and comply with new regulations including EU-wide fund regulations under the Alternative Investment Fund Managers Directive (AIFMD) and new European insurance capital holding rules under Solvency II.
McCrystal, who will be based in Pantheon’s London office, was previously with HarbourVest where she was responsible for the firm's strategic business development whilst simultaneously acting as a key industry spokesperson for issues related to AIFMD and Solvency II.
Pantheon is also boosting its human capital at its New York office. The firm appointed Yokasta Baez as a vice president in its global client services team. She was previously a manager of North American investor relations and business development at AXA Private Equity.
“The private equity investment landscape is changing fundamentally as a consequence of the regulatory and political responses – including AIFMD, Solvency II, Basel III, IORP in Europe – to the ongoing financial and economic crisis. Pantheon recognised this early [and has been closely engaged with investors and GPs for sometime].
“There is a high level of support at the most senior levels with the firm for products and solutions that help our investors with the challenges that lie ahead,” said McCrystal in an email.