Partners Group's annual Entrepreneurial Ownership Summit was held in Paris last week, showcasing our innovative approach to driving business success and outperformance within portfolio companies. The summit brought together more than 100 Lead Operating Directors (LODs) and portfolio company CEOs, who shared their insights on how our entrepreneurial ownership empowers our portfolio companies to thrive in today's dynamic business landscape. Focusing on AI and technology disruption, participants delved into key research on digital trends, equipping them with the tools and knowledge to navigate the current business environment. The Entrepreneurial Ownership Summit underlines our dedication to delivering outperformance while staying nimble in response to market trends, presenting a unique opportunity to strengthen relationships and forge impactful partnerships within our expert network.
Steffen Meister, the Executive Chairman of our Board, was a keynote speaker at IPEM in Paris. In his speech, Steffen explained that private markets have become the new traditional asset class and outlined his key predictions for the industry's future. This includes how the democratization of private markets is leading to new entrants, which could change the investor landscape; why transformational investing can build resilience during the biggest economic recalibration ever; and what the increased scale of private markets means for allocation strategies.
In the last decade or so, core real estate investment lived a golden era. Low interest rates and cheap financing meant managers could buy assets in the core segment and secure an attractive return from rent collection. But with the emergence of a new macro regime many of those macro tailwinds have become headwinds. Going forward, double-digit IRR returns in real estate will increasingly depend on a hands-on approach to thematic sourcing and asset transformation. In this Q&A, Mike Bryant, Head of Private Real Estate at Partners Group, explains how investors are turning their attention to the ‘value-add’ segment of real estate. Through value-add strategies, we have the capacity to transform assets with a hands-on approach to meet evolving ESG requirements as well as the preferences of tenants in the corporate and consumer segments.
In this video, Gaëlle Olivier, the newest member of Partners Group's Board of Directors, shares her views on the critical role of private markets as rapid technological advancement – including AI – fundamentally changes society and business. Gaëlle joined the Board in May following a distinguished 30-year career in financial services. Through her Board committee assignments, she will contribute to Partners Group’s strategic Board-level initiatives with a focus on clients and operations.
The secondaries market has grown significantly in recent years, surpassing the USD 100 billion mark in transaction volume. Rather than just a by-product of relentless growth in investment activity, secondaries are now supporting the evolution of private markets into a more versatile and liquid asset class.
In this Q&A, Andres Small, Managing Director at Partners Group, outlines the long-term factors underpinning this trajectory and explains how a thematic and integrated approach to the asset class – particularly in a period of market dislocation – makes secondaries an especially compelling strategy right now.
Our Operating Directors, who are industry experts and entrepreneurs in their respective fields, work directly with the CEOs and management teams at portfolio companies to formalize strategies and drive growth above and beyond base cases. Watch this video to hear from some of our ODs including Christine Deputy, Chief People Officer at Pinterest and Operating Director at portfolio company KinderCare, and Inderpreet Wadhwa, Operating Director at portfolio company Sunsure Energy, on why the diversity of perspectives that Partners Group’s entrepreneurial governance fosters is so important.
The private markets industry has its roots in leveraged buyouts, where firms often looked to break up conglomerates. To be successful today, private markets firms need to be business builders that combine scale of resources with a transformational investing approach. In this video, Steffen Meister, the Executive Chairman of Partners Group’s Board, explains that modern private markets firms can actually learn from the best conglomerates, which rank highly in five specific dimensions: strategic rigor, entrepreneurial governance, operational excellence, proven playbooks, and talent strategy.
The first half of 2023 has cemented the shift into a new macro regime. With the end of an era of global trade integration, cheap and abundant debt, we believe we’re entering a ‘brave new world’ of investing. Our latest Private Markets Outlook – written by Tina Jessop, Senior Economist, Stephan Schäli, Chief Investment Officer, and Nils Bartel, Global Head Capital Markets – presents our views on the implications of this change for the economy and for private markets investments.
We combined two companies – Ammeraal Beltech and Megadyne – to form AMMEGA, taking the business from belting experts to a strong global team. Through our deep thematic expertise, we identified an attractive transformative trend across industrial automation and saw strong development potential in the sector. Ammega is now the global leader in industrial power transmission, lightweight process, and conveyor belting. Together with the management team, we have been working to strengthen Ammega, bringing in the best of both companies, by attracting and developing top talent since our investment on behalf of our clients in 2018. Watch the video to learn more about our long-term, transformational investing approach at Ammega.
Luisa Delgado serves on the board at several Partners Group portfolio companies, including as Lead Operating Director at Schleich and Operating Director at Breitling. In this video, Luisa explains that boards at public companies are removed from management teams and typically held to quarterly reporting cycles, leading to short-term strategic thinking. Meanwhile, the active hands-on governance model in private markets enables boards to create value in a long-term “systemic and scalable” way. Partners Group has an extensive network of experienced LODs and ODs, which own and drive entrepreneurial value creation initiatives across our portfolio.
Our portfolio company atNorth operates data center infrastructure across the Nordics, with sites that leverage optimal climate conditions and renewable energy to run compute-intensive workloads for a large variety of customers. In this video, Esther Peiner, Managing Director, Private Infrastructure Europe, Ismail Afara, Member of Management, Private Infrastructure, and Eyjólfur Magnús Kristinsson, atNorth CEO, discuss why the Nordics are the best location to build data centres in Europe – if not the world – and how, together with the company’s management team, we are aiming to build the data centers of tomorrow.
Today, Partners Group published its Corporate Sustainability Report, which provides a detailed overview of our ESG performance at portfolio and corporate level in 2022.
Watch our ESG highlights from 2022 here.
Private markets are overtaking public markets in financing the real economy and this role reversal is set to fundamentally reshape the private markets industry, argues Steffen Meister, our Executive Chairman, in a White Paper.
During our 2023 Annual General Meeting, Bilge Ogut, our Head of Private Equity Technology Industry Vertical, and Kim Nguyen, Partner, Private Equity Services, talked about how we take our portfolio companies through a digital transformation journey that give investments, such as Version1, a chance to have a bright future.
Watch the video for more insights.
At our recent 2023 Annual General Meeting in Vienna, our CEO Dave Layton spoke to our clients, business partners, Lead Operating Directors, and portfolio company management teams about how Partners Group creates value during challenging environments through thematic sourcing and our transformational investing approach.