Pantheon Ventures Inc. (“Pantheon”) is a private equity manager. Pantheon’s London-based affiliate has been in business since 1982. Pantheon opened its San Francisco office in 1987, its New York office in 2007, and its Chicago office in 2022. Pantheon Ventures (US) LP (“PV US”), a SEC-registered investment adviser, opened a representative office in Bogota, Colombia in 2014. As of 2019, Pantheon also has a Dublin, Ireland-based affiliate. In 2010, in connection with the acquisition of Pantheon and its affiliates by Pantheon’s senior management and Affiliated Managers Group, Inc., Pantheon transferred all of its assets and certain of its clients to PV US. Pantheon and PV US are parties to an intra-company services agreement whereby PV US provides services to Pantheon, including management, investment advisory, and other services to those Pantheon clients that were not assigned to PV US. References in this Brochure to Pantheon’s investment management and advisory services refer to the services provided by PV US to Pantheon’s clients under the intra-company services agreement. Pantheon’s clients include funds that are either pooled investment vehicles or single investor vehicles. Investors in pooled investment vehicles managed by Pantheon include public and private pension plans (both U.S. and non-U.S.), insurance companies, endowments and foundations, among others. Please see “Item 7 – Types of Clients” of this Brochure for more information with respect to Pantheon’s clients and investors. Principal Ownership Pantheon Ventures Inc. is a California corporation. It is a limited partner of PV US and the sole member of PV US’ general partner. Pantheon Ventures Inc. is the only limited partner that owns 25% or more of PV US. Affiliated Managers Group, Inc. (“AMG”) is a publicly traded asset management company (NYSE: AMG) with equity investments in boutique investment management firms. AMG, Pantheon’s institutional partner, holds interests in Pantheon and the various Pantheon Group Companies, as well as in other investment

management firms (“AMG Affiliates”). Further information on AMG, AMG Affiliates, and the Pantheon Group Companies is provided in “Item 10 – Other Financial Industry Activities and Affiliations.” As an affiliate of AMG, Pantheon operates autonomously, maintaining investment and operational control, and benefits from access to the resources of a larger international partner. Advisory Services Pantheon is a private equity manager whose clients are funds (referred to in this Brochure as our “funds”). Pantheon specializes in private equity investing. Our funds primarily invest in venture capital, leveraged buyout, special situations, and other private equity funds (referred to in this Brochure as “underlying portfolio funds”). Investment strategies include primary investments (i.e., purchasing an interest directly from the issuer), secondary investments (i.e., purchasing an interest from an existing investor), and co-investments (i.e., investing in a portfolio company, either directly or indirectly, alongside an underlying portfolio fund manager). The investment strategies and restrictions relating to our funds are set forth in the fund’s private placement memorandum, limited partnership agreement, or other governing documents (“governing documents”). Assets Under Management In 2010, Pantheon assigned certain of its clients to PV US. For those clients that were not assigned to PV US, Pantheon entered into an intra-company services agreement with PV US for the provision of services by PV US to our clients. As a result, PV US has been delegated investment management and investment advisory responsibilities with respect to Pantheon’s clients and therefore Pantheon currently has no client regulatory assets under management (“RAUM”) as defined in the instructions to this form. The assets of Pantheon’s clients are included in the RAUM for PV US. Please see PV US’ Form ADV Part 2A at www.adviserinfo.sec.gov for more information.