Pantheon sold to AMG for $775 million
Pantheon Ventures, the UK-originated global fund-of-funds manager, has been sold for some $775 million in cash by Russell Investments, its owner since 2004, to Affiliated Managers Group (AMG), a US asset management firm coordinating a network of affiliates with some $253 billion under management.
Pantheon's existing management team will stay on post the transaction, and take a share in the new partnership, while all the sale proceeds will go to Russell. The new ownership is being described as an...
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