TIDMPIN
RNS Number : 3648O
Pantheon International PLC
09 June 2022
9 June 2022
For immediate release
The information contained in this announcement is restricted and
is not for publication, release or distribution in the United
States of America, Canada, Australia (other than to persons who are
both wholesale clients and professional or sophisticated investors
in Australia), Japan, the Republic of South Africa or any other
jurisdiction where its release, publication or distribution is or
may be unlawful.
Pantheon International Plc
("PIP" or the "Company")
Proposed appointment of next Chairman
The Board of PIP announces that its Chairman, Sir Laurie Magnus
CBE, will be retiring as a Director of the Company following the
conclusion of the Annual General Meeting scheduled for October
2022. Sir Laurie has been a Director of PIP since 22 November 2011
and was appointed Chairman with effect from 23 November 2016.
Following a selection process led by Mary Ann Sieghart, the
Senior Independent Director of PIP, the Board proposes to appoint
John Singer, a Director of PIP since 26 November 2016, to succeed
Sir Laurie as Chairman with effect from the conclusion of the
Annual General Meeting in October 2022.
John Singer is an investment and financial services professional
with over 30 years' experience in private equity. He spent over 20
years with Advent International plc as co-founder of the Global
Executive Committee and, until 2012, as Chairman of European
operations. He was Managing Director and founder of Granville
Europe plc, one of the first pan-European private equity funds. In
addition, he was Chairman of the European Venture Capital
Association. He is involved with several organisations in the arts
and education sectors.
Mary Ann Sieghart, Senior Independent Director of PIP, said:
"The Directors are delighted to recommend the appointment of John
Singer to replace Sir Laurie Magnus as our new Chair following
PIP's AGM in October. John has decades of private equity experience
at the highest levels and his contributions to board deliberations
are always thoughtful and well-informed, making him a strong and
well qualified candidate to be recommended as Chair. We are very
grateful to Sir Laurie for his enthusiastic and committed
leadership, which he will continue to exercise until the succession
takes place later this year."
John Singer, Director and Prospective Chairman of PIP, said:
"Having witnessed best practice in the private equity sector for
over 30 years, I share my colleagues' keenness to see more
investors, particularly individuals, benefiting from the
combination of the potential to receive consistent above-average
market returns over the long term, and liquidity which PIP's
institutional and retail shareholders have already been enjoying
for several decades.
And so I am thrilled at the prospect of working even more
closely with such a competent, conscientious and caring Board and
executive team at Pantheon to carry out our strategic mission for
all of our investors."
Ends
LEI: 2138001B3CE5S5PEE928
Enquiries:
Helen Steers or Vicki Bradley
Pantheon Ventures (UK) LLP
020 3356 1800
Follow us on LinkedIn: https://www.linkedin.com/company/pantheon-international-plc
Company Secretary
Link Alternative Fund Administrators Limited
01392 477 500
NOTES
PIP
PIP is a listed FTSE 250 private equity investment trust,
overseen by an independent Board of Directors and managed by
Pantheon, one of the leading private equity investment managers
globally. PIP offers investors a liquid, differentiated entry point
to the excellent growth potential of global private equity, with
access to the primary, secondary and co-investment opportunities of
some of the best managers in the world. The Company has a track
record of outperformance and manages risk through diversification
and rigorous selection based on Pantheon's extensive experience and
international platform.
Pantheon
PIP is managed and advised by Pantheon, a leading global private
equity, infrastructure & real assets and private debt investor
with 40 years' experience sourcing and executing private market
investment opportunities on behalf of clients. Pantheon has $84.6
billion in AUM^^ (as at 31 December 2021) and employs approximately
402 staff including 118 investment professionals across offices in
London, San Francisco, New York, Chicago, Hong Kong, Seoul, Bogotá,
Tokyo, Dublin and Berlin.
^^ This figure includes assets subject to discretionary or
non-discretionary management, advice or those limited to a
reporting function.
Important Information
A copy of this announcement will be available on the Company's
website at www.piplc.com. Neither the content of the Company's
website, nor the content on any website accessible from hyperlinks
on its website for any other website, is incorporated into, or
forms part of, this announcement nor, unless previously published
by means of a recognised information service, should any such
content be relied upon in reaching a decision as to whether or not
to acquire, continue to hold, or dispose of, securities in the
Company.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOAFLFIVREIAIIF
(END) Dow Jones Newswires
June 09, 2022 09:09 ET (13:09 GMT)
Pantheon (LSE:PIN)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Pantheon (LSE:PIN)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
