POWER OF ATTORNEY
I hereby constitute and appoint each of Donald S. Rumery,
Lewis Collins, and Caren Cunningham, signing singly, my
true and lawful attorney-in-fact:
(1) to execute for and on my behalf, in my capacity as a
director, officer, or other reporting person of AMG Pantheon
Private Equity Fund, LLC or AMG Pantheon Private Equity Master
Fund, LLC, each a Delaware limited liability company, (each, a
"Fund"), Forms 3, 4, and 5 in accordance with Section 16(a) of
the Securities Exchange Act of 1934, as amended, and the rules
thereunder, and Section 30(h) of the Investment Company Act of
1940, as amended;
(2) to do and perform any and all acts for and on my behalf
that may be necessary or desirable to complete and execute any
such Form 3, 4, or 5 to and timely file such Form with the
United States Securities and Exchange Commission (the "SEC");
(3)	do and perform any and all acts for and on behalf of
the undersigned that may be necessary or desirable to file for
Access Codes to the SEC EDGAR System, including but not limited
to the completion, execution, and timely delivery of a statement
of authentication to the SEC in order to obtain such EDGAR Access
Codes; and
(4)	to take any other action of any type whatsoever in
connection with the foregoing which, in the opinion of such
attorney-in-fact, may be to my benefit, in my best interest, or
that I am legally required to do, it being understood that the
documents executed by such attorney-in-fact on my behalf pursuant
to this Power of Attorney shall be in such form and shall contain
such terms and conditions as such attorney-in-fact may approve in
such attorney-in-fact's discretion.
I hereby grant to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any
of the rights and powers herein granted, as fully to all intents
and purposes as I might or could do if personally present, with
full power of substitution, resubstitution, or revocation, hereby
ratifying and confirming all that such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes, shall lawfully do
or cause to be done by virtue of this power of attorney and the
rights and powers herein granted.  I acknowledge that the
attorneys-in-fact, in serving in such capacity at my request,
are not assuming, nor is any Fund assuming, any of my
responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934, as amended, and the rules thereunder, and
Section 30(h) of the Investment Company Act of 1940, as amended.
This Power of Attorney shall remain in full force and effect
until I am no longer required to file Forms 3, 4, and 5 with
respect to my position with the Fund or my holdings of and
transactions in Fund securities, unless I earlier revoke it
in a signed writing delivered to the attorneys-in-fact.

IN WITNESS WHEREOF, I have caused this Power of Attorney to be
executed as of this 9th day of June, 2014.

_/s/ Jeffrey T. Cerutti_________
     Signature


__Jeffrey T. Cerutti___________
     Print Name