Shareholders submitted an estimated $4.3 billion of Q3 repurchase requests, representing around 10% of shares outstanding, as of June.
Pantheon Global Infrastructure Secondaries Fund will target global opportunities across digital infrastructure, power and utilities, renewables, transport, and social infrastructure.
Program-wide subscriptions fell nearly 7% from the previous month, while transactional NAV stood at $6.5 billion.
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 open-ended evergreen structure, for an undisclosed institutional investor, will invest in senior and junior direct lending opportunities in the region.
