Pantheon Infrastructure IPO seeks to raise £300m

Issue price of 100p per ordinary share

Investment trust Pantheon Infrastructure (PINT) has announced its intention to float on the London Stock Exchange at an issue price of 100p per ordinary share, as it seeks to raise £300m to invest in yielding and growth infrastructure assets.

PINT said that it will target risk-adjusted total returns comprising capital growth and a progressive dividend by investing in private infrastructure assets alongside other private asset investment managers and institutional investors, in sectors including digital infrastructure, and renewables and energy efficiency. Pantheon Ventures will be the company's investment manager, having completed 155 infrastructure investments across primaries, secondaries and co-investments alongside more than 50 asset sourcing partners since 2009 and has committed $2.7bn to 34 co-investment transactions si...