Pantheon has been at the forefront of private markets investing for more than 40 years, earning a reputation for an innovative approach to investing in secondaries, co-investments, and primary fund investments, as well as capital formation across commingled funds, evergreen vehicles and customized solutions. Our specialist investment capabilities span multiple strategies across private equity, infrastructure and real assets, and private credit. Through our collaborative and committed culture, we find new ways to solve complex problems together and deliver innovative investment opportunities across private markets. Pantheon currently manages approximately $82.3 billion in AUM across all its strategies, serving more than 750 institutional and 638 private wealth clients worldwide
For further details please visit www.pantheon.com
Purpose of Role
The role will be responsible for the ongoing assessment and monitoring of Investment Risk at both portfolio and deal level across Pantheon’s private markets platform, with an initial focus on Private Credit. The role will provide independent evaluation of existing and emerging risks, taking a proactive approach towards management and mitigation of risks identified. While a second line of defence, the individual will work closely with investment teams and portfolio management teams to understand risk profiles and how these develop as portfolios mature. They will ensure that capital allocation aligns with each fund's stated investment strategy, LPA limits and investment restrictions, internal soft targets, and regulatory requirements. The individual will produce risk analytics for review and discussion with investment teams and portfolio management teams, with results used to improve investment outcomes for investors.
There will be continued development of current tools that will ultimately allow Pantheon to further improve risk analytics to enhance monitoring of our portfolios.
The role will support the development of the risk framework, taking ownership of the build-out of risk processes and tools.
Key Responsibilities
Manage and monitor investment risk across Private Credit (Primaries, Secondaries and Co-investments), involving:
- Portfolio management oversight, including adherence to LPA limits, internal soft targets, and relevant regulatory requirements.
- Understanding of investment processes and portfolio construction through regular interaction with investment teams
- Attending Investment Committee(s) for relevant area
- Assessment of any changes to internal portfolio limits/targets against its risk profile
- Ongoing development of analytical tools to assist better portfolio monitoring as determined by Group needs and requirements
- Supporting the continuous refinement of the oversight model and process
- Reporting on portfolio management activities and presenting the results to the appropriate governing body (eg Risk Committees and Fund/AIFM Boards) and stakeholders. In-depth risk reviews of deals/portfolios as appropriate
- Ensuring compliance with relevant laws, regulations and Pantheon policy (including reporting compliance risks and maintaining appropriate standards of conduct)
Skills and Experience Required
- Deep understanding of Private Credit investment dynamics
- Strong numerical and analytical skills such that the individual can collate, interpret and analyse portfolio, risk and performance data
- MS Office, especially Excel including basic VBA. Experience with Bloomberg terminal considered an advantage. AI tool usage would be an advantage
- Masters degree preferred
- Critical thinking
- Appreciation of risk, and how risks can be mitigated
This job description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. You may be required to perform other job-related duties as reasonably requested by your manager.
Pantheon is an Equal Opportunities employer, we are committed to building a diverse and inclusive workforce so if you're excited about this role but your past experience doesn't perfectly align we'd still encourage you to apply.
Skills Required
- Deep understanding of Private Credit investment dynamics
- Strong numerical and analytical skills to collate, interpret and analyse portfolio, risk and performance data
- MS Office, especially Excel including basic VBA
- Experience with Bloomberg terminal
- AI tool usage
- Master's degree
- Critical thinking
- Appreciation of risk and how risks can be mitigated
- Ensure compliance with relevant laws, regulations and Pantheon policy
What We Do
Pantheon is a leading global private markets firm currently investing on behalf of more than 800 investors, including public and private pension plans, insurance companies, endowments and foundations. Pantheon has an established reputation across private market asset classes, including private equity, infrastructure and real assets, private debt and real estate, and covering all stages and geographies. As of September 30, 2021 Pantheon had $81.2 billion assets under management and advice and the firm currently has around 400 employees, including more than 115 investment professionals, located across its 10 global offices in London, San Francisco, New York, Chicago Hong Kong, Seoul, Bogotá, Tokyo, Dublin and Berlin.
