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AnalysisSecondariesThe WrapThe Secondary Open

Pantheon closes eighth secondaries fund at $6 billion

The fund closed at double its $3 billion target and deployed $3.35 billion across 17 secondary transactions in 2025.

Pantheon closed its eighth secondaries fund at $6 billion, double its $3 billion target, AltAssets reported.

The manager deployed about $3.35 billion across 17 secondary transactions in 2025.

For allocators, the 2025 total implies an average deal size of roughly $197 million across 17 secondary transactions.

Reported by The Wrap desk from AltAssets. Published . Corrections

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Pantheon deployed about $3.35 billion across 17 secondary transactions in 2025, roughly $197 million a deal, per coverage of the close.

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Pantheon closes eighth secondaries fund at $6bn, double its $3bn target

AltAssets reported the close; Pantheon deployed about $3.35bn across 17 secondary transactions in 2025.

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