In the Media

Direct loans and junior debt, particularly loans not involving underwriting banks, can be very attractive in the current market environment. While some market players are chasing more aggressive broadly syndicated structures and assuming outsized credit and macroeconomic risks as a result of pressure to deploy capital and meet high IRR targets, club transactions, in contrast, are typically characterized by lower competitive dynamics and in our opinion offer attractive relative value with regard to risk and return dynamics.

Partners Group's Fredrik Henzler, Co-Head of Industry Value Creation, introduces the 'portfolio approach', the next step in the evolution of operational value creation.

Todd Bright, Partners Group Managing Director and Head of Infrastructure for the Americas, highlights the best opportunities in communications, power generation and midstream sectors.

We believe a number of ongoing transformative trends are driving real estate demand on a global scale, including new urbanization, which is influencing property design so that it caters to the mobile generation's busy 'live-work-play' lifestyles. In the US for example, this trend has led us to focus on office properties in highly amenitized urban locations benefiting from strong underlying key drivers such as population and employment growth. As primary markets are highly valued, we focus on secondary CBD markets, such as Austin, Atlanta and Nashville, which offer opportunities to drive net operating income growth.

Partners Group wins Private Equity International's (PEI) Operational Excellence Award 2017 in the category Large-Cap, EMEA for its value creation efforts with VAT Group.

Early 2014, Partners Group acquired VAT Group, the leading global developer, manufacturer and supplier of high-end vacuum valves. During ownership, the firm worked diligently on value creation initiatives alongside the company's management team. In April 2016, Partners Group successfully completed its IPO on the SIX Swiss Exchange.

In our H2 2017 Private Markets Navigator, we explore the global trend towards increased digitalization, which is creating different investment opportunities in different regions. US and European markets are generally more advanced in both internet penetration and mobile adoption, creating opportunities around data analytics, specialist software solution providers and digital infrastructure developers and servicers that support the growth of global IP traffic. In emerging markets, improvements in global communications infrastructure continue to drive and facilitate the outsourcing trend, with specialist business process outsourcing companies with high-quality offerings expected to grow rapidly in the years to come.