PANTHEON VENTURES (UK) LLP

• ◆

  8 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the partnership's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PANTHEON VENTURES (UK) LLP · parent
   1. Pantheon Ventures (HK) LLP
   2. Pantheon Ventures (US) LP
   3. Pantheon Ventures (US) Holdings LLP

Significant events

• “The Partnership, through the Group primarily operates globally in Private Equity, Infrastructure, and Private Credit, and its investment and fundraising activities are influenced by the macroeconomic environment across global markets.”
• “While overall volatility was relatively subdued during the year despite these expectations, this was not enough to alleviate a general sense of uncertainty and economic fragility across many markets. From a private markets' perspective, exit opportunities remained somewhat muted in 2024, limiting investor liquidity to make new commitments.”
• “Notwithstanding some ongoing uncertainty, with interest rates beginning to come down and inflation appearing to moderate, many expected 2025 to bring more easing and a stronger M&A environment. However, the opening weeks of the year have seen significant volatility and uncertainty across global markets driven by, among other things, the threat of a global trade war, the emergence of a black swan challenger in AI technology, and the dislocation of the European and US rates agendas.”
• “Overall Pantheon raised a record $12.5bn in new capital across the Group. Fundraising across all Private Equity funds exceeded expectations, raising $5.8bn. Fundraising across all Private Credit funds raised a record $4.2bn in 2024. Fundraising across all infrastructure funds raised $2.5bn, exceeding expectations.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

8

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -7.2%

  £159,506,321 → £147,994,746

• Cash

  -7.7%

  £5,901,545 → £5,449,360

• Net assets

  +15.1%

  £31,900,698 → £36,731,525

• Employees

  -2.5%

  325 → 317

• Operating profit

  -11.4%

  £48,368,901 → £42,851,478

• Profit before tax

  -11.1%

  £48,715,248 → £43,287,403

• Wages

  +1.5%

  £40,707,486 → £41,332,975

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers