Partners Group, one of the largest firms in the global private markets industry, has closed its eighth private equity secondaries programme with over US$9bn in total client commitments. The programme includes a closed-end fund as well as other bespoke mandates and vehicles that invest alongside the fund.
Investors include institutions across Europe, Asia-Pacific, and the US, reflecting broad global appetite for the strategy. Around one third of new commitments came from outside of Europe, with the largest individual commitments from investors in the Asia-Pacific region. Partners Group’s partners and employees, together with affiliates of the firm, also made meaningful commitments.
The programme is already 60% committed, with the seed portfolio offering investors access to a diversified portfolio of investments that consists of assets managed by GPs globally.
“The successful closing of our eighth private equity secondaries programme highlights the global appeal of our investment approach,” said Anthony Shontz, partner, co-head Private Equity Partnership Investments, Partners Group. “We are uniquely positioned with one of the largest teams of direct investment professionals and industry experts, which means we have the ability to perform in-depth underwriting as we work closely with GPs to create custom solutions.”
Final close follows a period of investment activity for Partners Group’s private equity secondaries business, which has seen it invest more than US$4bn.
Press release: Press Releases – Partners Group
