The Big Interview with Pantheon's Steers: 'One bad apple' shouldn't ruin PE's reputation

‘People latch onto those few examples’

clock • 6 min read

Interest in private equity has increased as listed markets have struggled against the dual headwinds of rising interest rates and soaring inflation, but a few recent disasters have tainted the sector.

One study from EY Luxembourg claimed that private equity's "golden age" would continue in 2022 for both institutional and retail investors. The £2.4bn Pantheon International investment trust (PIP) is a trust of funds that has been investing in this space for 35 years. The trust's manager Helen Steers has been at the helm through the past two turbulent years, taking over management in March 2020, just as the Covid-19 sell-off hit. The Big Interview: iMGP's Couvrecelle on growing the business fivefold in the next decade Over the past decade, it has made a total return of 179.9%, acco...

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