Richard Cliff

Managing Director

Richard Cliff joined Partners Group as a Managing Director in the Private Markets Royalties team in 2024, based in London. Richard has over a decade of experience in royalties transactions, gained at FlowStream Commodities, a KKR backed energy royalty & streaming company, where as General Counsel, he was responsible for all legal and contractual aspects of royalty & streaming transactions globally, and then with PG3 AG (which is the family office of the Partners Group co-founders), where he worked on its royalties strategy. Prior to that, Richard spent 20 years in private practice in London, where he was focused on public and private M&A, capital raising and private equity, at firms such as Herbert Smith Freehills and Milbank. Richard holds a BA and MA in Jurisprudence from the University of Oxford.