Program-wide subscriptions fell nearly 7% from the previous month, while transactional NAV stood at $6.5 billion.
Pantheon Global Infrastructure Secondaries Fund will target global opportunities across digital infrastructure, power and utilities, renewables, transport, and social infrastructure.
The interval fund joins a lineup of vehicles managed by Neuberger, StepStone, and Nuveen across private credit, multi-asset, real estate, and venture strategies.
The LP is also weighing the rollover of prior TAO commitments into the latest evergreen vintage, which is targeting $5-7 billion over an 18-month fundraising period.
Sun Life has committed $150 million in seed capital to the vehicle, which invests globally across infrastructure funds, secondaries, and co-investments.
The capital raise, which will fund further acquisitions across Canada, was completed through an iCapital-managed investment vehicle.
The 3(c)(7) Exempt fund and its affiliated vehicles reported $6 billion in aggregate transactional NAV as of June 30.
As of May 31, the BXPE Fund Program as a whole had an aggregate Transactional NAV of approximately $23.7 billion.
Incepted in 2025, the TPG-managed '40 Act fund had a NAV of $1.7 billion as of March, according to EvergreenLink Data.
The commitment accounts for more than 90% of the agency's approved 2026 target allocation to infrastructure within its pension plans.
