Baar-Zug, 21 July 2009
Partners Group awarded private equity secondary mandate by the sovereign wealth fund Korea Investment Corporation
Partners Group, the Switzerland-based alternative asset manager, has been selected as the manager for a private equity secondary mandate by the sovereign wealth fund Korea Investment Corporation (KIC). With this mandate, KIC aims to profit from current dislocations in the secondary market which offers high discounts to net asset value and attractive return potential. This mandate, which was included in the 30 June 2009 assets under management announcement, was now cleared for communication by our client.