Baar-Zug, 5 November 2012
Partners Group, the global private markets investment manager, is in discussions with its founding partners and largest shareholders, Dr. Marcel Erni, Alfred Gantner and Urs Wietlisbach, regarding a proposal by which they will seek to collectively invest CHF 300 million in programs with direct investment content alongside the firm's clients. The founding partners' investments would be funded through a potential placement of a minority portion of their total shareholdings in the company, amounting to approximately 1.6 million shares (approximately 6% of the share capital), with the resulting expected proceeds of around CHF 300 million earmarked for such investments. The founders may consider increasing their placement beyond their investment commitments alongside clients but will under no circumstances sell more than 4% of Partners Group's total share capital each.
In combination with the strong development of assets under management during the past years, the growth in the firm's direct investment activities has led to expectations of increased commitments alongside clients. With the firm seeking to maintain its lean and asset-light balance sheet, the substantial commitment by the founders, along with further commitments expected from other senior management, is designed to address client interests while remaining consistent with the firm's current policy with regards to balance sheet management.
For further information, please visit our website.