Partners Group

We are now recruiting for our 2025 Financial Analyst Program in Europe! The program is a unique opportunity for recent university graduates with strong credentials to start an exciting and challenging career in private markets. Financial Analysts will rotate across Partners Group's five asset classes – Private Equity, Private Credit, Infrastructure, Real Estate, and Royalties – and gain valuable exposure working in collaboration with various teams across the firm globally. Successful candidates will be required to complete a 2-3-year commitment in the program. While the first rotation will be based at our global headquarters in Zug, Switzerland, further rotations can also be based in London, Munich, and Paris. We welcome candidates from all backgrounds and disciplines. You can apply here: https://lnkd.in/e8t9Wc2a The deadline for applications is 31 October 2024.

Partners Group is pleased to announce the recent closing of Pikes Peak CLO 16 in June. Sized at USD 400 million, Pikes Peak CLO 16 will invest primarily in U.S. senior secured broadly syndicated loans. This is the fifteenth CLO issued by Partners Group under the Pikes Peak banner since 2018, bringing total U.S. CLO outstanding to USD 6 billion and total global CLO outstanding to approximately USD 12.3 billion. Mark Hanslin, Managing Director & Senior Portfolio Manager of Partners Group U.S. Liquid Credit comments: “We are delighted to issue this latest U.S. CLO managed by Partners Group and thank both existing and new investors for their strong support on this transaction. We believe our consistent investment style and strategy resonates well with our investor clients globally. We look forward to the further growth of the platform in 2024 and beyond.”

Today, Partners Group reported its H1 2024 AuM, receiving USD 11 billion in new commitments from its global client base during the first half of the year, bringing the firm's total AuM to USD 149 billion as of 30 June 2024. Dave Layton, Partner and Chief Executive Officer, comments: "We are pleased to report solid business development in what we believe is a transition period for the industry. Our near-term transaction pipeline of thematically sourced investments is full across all asset classes, including for our newly launched private markets royalties business. To generate sustainable returns for our clients in this market, our transformational investing approach is key. It allows us to consistently identify businesses and assets that benefit from future growth themes and transform them into industry leaders." Read the full press release here: https://lnkd.in/dH6he9e5 #PrivateMarkets #BespokeClientSolutions 

Partners Group, on behalf of its clients, has expanded its Spanish residential platform through a forward purchase of three purpose-built and fully amenitized built-to-rent and flex-living assets in greater Madrid, encompassing approximately 1,000 units. Combined with Partners Group's existing portfolio in central Madrid, the platform is set to achieve a Gross Asset Value of more than EUR 500m. Dietmar Weissmann, Member of Management, Real Estate Europe, Partners Group comments: "How you invest matters. By acquiring these three projects through forward purchase structures, we minimize execution and operational risks. At the same time, we maximize liquidity by creating brand new assets in a segment that has increasing occupier and investor demand." Anne-Jan Jager, Co-Head Real Estate Europe, Partners Group, adds: “This expansion is evidence of our thematic investment approach in action. The residential sector in Spain, and in Madrid in particular, benefits from resilient domestic growth, increasing international investment, and positive net migration. Under the brand NUVA LIVING, in partnership with Medan Asset Management, we continue to build out a leading platform for purpose-built and amenitized residential product in an under-supplied market."

Partners Group, on behalf of its clients, has acted as the lead lender to support Norvestor's acquisition of a majority stake in glueckkanja AG, a leading cloud managed service provider in the Microsoft ecosystem. Headquartered in Offenbach, Germany, glueckkanja has been growing rapidly throughout the DACH region. The Company, in partnership with Norvestor, plans to further expand its presence in the Nordics and other European markets through organic growth and strategic acquisitions. In 2023, glueckkanja generated close to EUR 30 million in sales with industry leading profitability margins. Partners Group provided the financing package as part of its direct lending strategy, which focuses on leading middle-market companies. Partners Group's Private Credit business has a total of USD 29 billion in assets under management. #PrivateCredit

Great to see Charles Rees, a Managing Director in our Private Equity Technology industry vertical, amongst the Private Equity News Rising Stars of 2024, which recognises leading talent in the industry. Since joining us in 2011, Charles has worked on 10 transactions, including both lead and joint-lead investments, with total equity invested of more than EUR 3.5 billion. In the last couple of years, Charles led Partners Group's exit from Civica, a global provider of cloud software solutions for the public sector, and investment in Forterro, a pan-European software provider, on behalf of our clients. Charles was also recently included on Private Equity International's Future 40 Leaders of Private Equity list. Congratulations Charles! You can view the Private Equity News Rising Stars list here: https://lnkd.in/e55hMSxw Below is a clip of Charles at our AGM earlier this year talking about Partners Group's exit from Civica.

15 years ago today, on 1 July 2009, we launched the first-of-its-kind private markets-focused evergreen fund in the US, which helped spawn what has become one of the industry's fastest growing product categories. We initially created this vehicle as a solution for a client that was dissatisfied with the prevailing market offering, building on our experience in Europe where we launched our first evergreen in 2001. That client was not alone: evergreen funds are proving increasingly popular amongst individual and institutional investors. These funds provide immediate exposure, enabling investors to precisely manage their allocations to private markets and benefit from compounding. Investors also have a reduced administrative burden and typically lower minimum investment amounts compared to traditional private markets funds. Robert Collins, Co-Head of Private Wealth, Partners Group, says: "We launched a first-of-its-kind solution for US private wealth investors in 2009, which reflects the pioneering and entrepreneurial nature of our firm. I'm proud to have been involved in this launch, helping to increase access to private markets for individuals." Today we have USD 44 billion in assets under management globally across our evergreen products, up around six-fold in the last decade. You can read more about our private wealth solutions here: https://lnkd.in/etjvZk-y #PrivateWealth

Partners Group, has agreed, on behalf of its clients, to acquire a majority stake in FairJourney Biologics, a leading antibody discovery Contract Research Organization ("CRO"). Founded in 2012 and headquartered in Porto, Portugal, FairJourney is a CRO supporting pharmaceutical and biotech companies working at the cutting edge of innovation to develop the next generation of antibody-based therapies.   Partners Group will work with founder António Parada, who will remain a significant shareholder, and his management team on a value creation plan for FairJourney that will expand its technology and capabilities through organic and inorganic investment to unlock faster, more effective drug development for its partners. Pascal Jean-Noël Noth, Head of Private Equity Health & Life Europe, Partners Group, says: "FairJourney is a high-quality leader in antibody development. We look forward to investing into further broadening its capabilities in pre-clinical R&D and in silico design and partnering with young teams around the world that are pushing the edge of scientific technologies, as the team in Porto and Cambridge have done successfully in the past."   You can read the press release here: https://lnkd.in/e2baj9pd You can read more about FairJourney Biologics here: https://fjbio.com/ #PrivateEquity

Our Private Wealth business has further strengthened its local presence this year, making several new appointments across teams in the US, Europe, and Asia. The number of private wealth professionals at Partners Group has now doubled within the last 12 months, reflecting the significant opportunities we see in the space. We would like to extend a big welcome to all those who have started in their new positions so far. This includes Sunnie Yun, CFA, CAIA, David Zerbib, Qihan Chen, Michael Nuss, Mariam Haqqie, and John Ledva who have joined us as members of management. This year has been busy for our Private Wealth business, with the launch of new evergreen products in the US, Europe, and Asia, including a new ELTIF-compliant private equity evergreen; the addition of new distribution partners, most recently in Greece; and the launch of our new Hong Kong office, which will be a launchpad for growing our private wealth client base in the Greater China region. Our Private Wealth business has over USD 44 billion in assets under management globally. #PrivateWealth

Partners Group has opened an office in Hong Kong, bringing our total number of offices in Asia to seven and worldwide to 21. Henry Chui, CFA, Head of Private Wealth APAC, will head the Hong Kong office. He will manage a dedicated team focusing on the firm's client activities in Hong Kong and the Greater China Area and strengthening its existing network of client and investment partner relationships. A particular priority for the team will be expanding the firm's private wealth client base by adding strategic distribution partners locally for its suite of private markets solutions, including its evergreen funds. Henry Chui adds: "Individual investors in Asia are increasingly looking to private markets as a means to access the real economy. Having boots on the ground in Hong Kong is important to provide local coverage to our distribution partners in the Greater China area and complements our coverage across the rest of the region." Partners Group first established its presence in Asia in 2004 with the opening of its Singapore office, which serves as the firm's regional headquarters. Today, Partners Group employs more than 550 people across the region in its offices in Manila, Mumbai, Seoul, Shanghai, Singapore, and Tokyo. Read the press release here: https://lnkd.in/dzHetUd3