Jain named global head of private debt at Pantheon

Rakesh (Rick) Jain has been appointed as partner and global head of private debt at Pantheon this week. The $47 billion firm formed a dedicated practice to private debt last year to support its demand-led expansion into the investment area but has been active in the space since 1997 and now has $1.5 billion committed to secondaries and primaries. Pantheon officials said they plan to hire additional resources in both London and New York. Currently Toni Vainio, principal, leads European private debt origination and investments while Francesco di Valmarana, chairs the firm’s Global Credit Committee. Jain joins the committee and reports to fellow committee member and Pantheon Partner Dennis McCrary who leads U.S. investment activity, coordinates global investment activity and provides line management of the private debt team. “I am excited to build upon Pantheon’s private debt experience and leverage the firm’s long-standing GP relationships and scale to provide access to and liquidity solutions across the private debt asset class,” said Jain in a statement. Previously, Jain was a managing director and investment committee member at New York private credit firm Star Mountain Capital. Prior to that he founded and managed an investment firm active in flexible private debt and structured equity solutions to middle market U.S. companies and was a principal at a division of Stone Tower Capital, a $17 billion firm that was ultimately acquired by Apollo Global Management.

Jain named global head of private debt at Pantheon

Continue Reading With a Free Trial

AW Manager Scorecard: Private market players raise $58bn in October

Former Bessemer CIO joins Bridgewater

Welcome to Alternatives Watch

Buck hires former AndCo exec for manager research

Legendary trader Salem Abraham opens Fortress strategy to outside investors

GCM Grosvenor to go public on NASDAQ

Ropes & Gray: U.S. loan origination leading credit strategy

H.I.G. closes European PE fund at €1.1bn

Stanhope, FWM merger to combine alts businesses

NJ pension system invests in data infrastructure, ILS

Private credit firms set to finance $100bn in loans this year

Continue Reading With a Free Trial

Be an Alts Watcher

Subscribe to our mailing list and know first!

Minnesota pension grows private markets exposure by nearly $1bn

IMDDA Survey: More investors asking about sexual harassment during due diligence process

Related Articles

Get our daily news digest in your inbox

Get our daily news digest
in your inbox