A recommendation to digitise stamp duty payments could expose fund managers restructuring, reorganising or transferring partnerships to more tax.
The July promotions across the firm's London and New York offices comprise two to investment partner and one to investment principal.
The deal involves feeder fund stakes in two Pantheon secondaries funds and a fund of funds vehicle, UK regulatory filings show.
Secondaries Investor caught up with Emma Osborne, head of private equity fund investments at the listed vehicle, about what has changed in the 16 months since the acquisition and her plans for the Trust over the next five years.
The listed private equity trust has appointed Jeremy Teague as chairman, replacing Mark Fane, who held the job for eight years.
The firm is looking to hold a first close in July, Secondaries Investor has learned.
The intermediary will offer its revamped database free of charge to registered users.
Being a source of primary capital to the underlying GP can help you win a secondaries deal – as long as your competitors haven't had the same idea.
Pantheon's listed fund made three secondaries deals during the month, including a £40m stake in a North American buyout fund.
The private funds manager is 'not waiting to see where the wind blows', according to CCO Frederick Shaw.