Pantheon’s Jones and Scarpa to head secondaries

Elly Livingstone, who has been at the firm for 13 years, will relinquish his role to the London- and New York-based partners.

Pantheon Ventures’ global private equity secondaries head is standing aside after 13 years in favour of Matt Jones and Rudy Scarpa.

London-based Elly Livingstone will shift his focus to fundraising and investment, according to a statement. He remains a member of the secondaries investment committee and will retain his seat on the international investment committee.

The head of secondaries role will be split between London-based Jones and New York-based Scarpa, reflecting “the global coverage of [our] clients, professionals, investments and market network”, the statement said.

“Designating joint leaders based in two of our key regional markets strongly affirms our commitment to and confidence in the growth and continued long-term success of our private equity secondaries business, while recognising its global profile,” said Pantheon’s head of investment, Chris Meads.

Jones has been with Pantheon since 2001 and became one of its youngest ever partners at the age of 35. He moved to the US in 2007 to help build the firm’s New York office before returning to London late last year.

Scarpa joined Pantheon in 2007 and has been involved in originating, structuring and transacting secondaries deals, and spearheading the development of the firm’s New York office. He was previously a partner with Coller Capital in its New York office.