Our monthly podcast brings you big picture insights from leading investment specialists, exploring the opportunities, challenges and potential threats shaping portfolios (and there’s certainly been plenty of the latter in the last few weeks…).
This month's guest is Charlotte Morris, co-manager of Pantheon International (PIN), which provides a globally-diversified portfolio of private equity investments. Charlotte has extensive experience in the asset management industry with a particular specialism in private markets.
In this month’s episode, we discuss a wide range of issues including recent market turbulence, the rationale for an allocation to private equity, current discounts, adapting to a higher-for-longer macro backdrop and the most attractive opportunities across private markets.
00:00 Introduction
00:38 Background to becoming a fund manager
02:25 Thoughts on recent market turbulence
04:41 Rationale for an allocation to private equity
06:37 Drivers of long-term returns in private equity
08:25 Democratisation of private equity
11:26 Key catalysts to close discounts
14:49 Thoughts on leverage and illiquidity premium
17:02 Key attributes for investment
19:10 Adapting to higher-for-longer interest rates
21:18 Implications of muted IPO activity
24:06 Thoughts on most attractive opportunities
26:03 Risk warning
Please note that this podcast was recorded on 14 April 2025.
