Baar-Zug, 18 February 2011
Partners Group awarded mandate for global real estate investments by Swiss Investment Foundation Pensimo Management
Partners Group, the global private markets investment manager, has been awarded a mandate for global real estate investments by the Swiss Investment Foundation Pensimo Management. This new investment program focuses on value-added and opportunistic investment strategies in the private real estate market on a global basis. This represents the first instance the investment program of an investment foundation allows Swiss pension funds to participate in the growth of the opportunistic private real estate market.
Pensimo Management was advised in awarding the mandate by a leading consultant firm for institutional investors. Major Swiss pension funds have already committed CHF 140 million to this investment program, with the program remaining open to other investors.
Dr. Paola Prioni, Managing Director of Pensimo Management, comments, "We chose Partners Group in order to gain access to attractive investment opportunities in the global private real estate market. Partners Group’s investments in the primary and secondary market are an ideal addition to our existing portfolio of core and listed assets. We highly appreciate Partners Group’s global positioning and expertise."
Claude Angéloz, co-head private real estate at Partners Group, adds, "We are pleased that Pensimo Management has placed its trust in us. Our global reach and integrated approach ensure we are well positioned to identify the most attractive investment opportunities, while the strengthening of our presence in Asia and Latin America last year will provide an even more direct access to relevant growth markets."