Press releases

Partners Group, the Switzerland-based global alternative asset manager, is experiencing sustained demand for its private markets products and mandates and announces the closing of two of the most significant mandates granted to private markets managers in 2008.

Baar-Zug, 8 December 2008

Partners Group has been granted a private equity mandate by a preeminent European pension fund with an initial amount of CHF 200 million, which is expected to significantly increase over the coming years. One of the main factors in awarding the mandate to Partners Group was based on its applied integrated approach to private markets investing, which includes investments in primaries, secondaries and directs and allows the identification of those sectors and segments offering the highest relative attractiveness at any given point in time. Furthermore, based on its substantial structuring expertise, Partners Group was able to assist the client in finding a beneficial solution with a tailor-made Luxembourg investment vehicle.

An additional private markets mandate with an initial sum of CHF 300 million was granted to Partners Group by a further leading European pension fund. In particular, the advantages offered by Partners Group's strong global presence with local physical proximity to its investments was one of the deciding factors in awarding the mandate, along with its integrated investment approach of including both primary and secondary investments. The investment vehicle has been structured as a Scottish limited partnership.

Steffen Meister, CEO, comments, “December is shaping up to be one of the most active months in fundraising in all of 2008. We continue to see clients recognizing that this market dislocation offers excellent investment opportunities for private market investors with a long-term perspective. Our portfolios will substantially benefit from distressed parties selling their private market assets on the secondary market at significant discounts to fair value.”