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Pantheon International PLC on Friday posted a slightly higher net asset value for the first quarter of financial 2026, and was positive on the months ahead. The London-based investment firm focused on private equity is managed by Pantheon Ventures UK LLP. Its NAV per share was 510.8p as of August 31, an increase of roughly 0.1% from 510.4p as of July 31. On-quarter, NAV per share rose 2.9% from 496.5p at May 31. Net available cash amounted to £14 million at the end of August, compared to around £4 million a month earlier, and £21 million at the end of May. The firm said its portfolio generated net cash of £1.7 million in August compared to £8.6 million the previous month. During the three months that ended August 31, the portfolio generated net cash of £28.9 million, versus £130.8 million in the year that ended May 31. Buybacks during the first quarter totalled £19.2 million, with Pantheon International repurchasing around 6.1 million shares at 316.2p. This reflected an average discount of 36% to the prevailing NAV per share at the time of the transactions, it said. Though Pantheon International ‘made no significant new commitments’ in August, it reported that new investments in the first quarter amounted to £77.1 million. The firm added that its ‘pipeline points to an active period for new commitments in the months ahead.’ Pantheon International shares were 0.4% lower at 343.50p on Friday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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