Price sensitive ("ad hoc") releases
Partners Group expects strong client demand of EUR 4-6 billion in 2013
Baar-Zug, 5 November 2012
Partners Group, the global private markets investment manager, reconfirms expected client demand of EUR 4-5 billion for the full year 2012. Partners Group expects overall commitments across all private markets segments to total EUR 4-6 billion for the full year 2013.
In addition to reconfirming our previously published guidance, the following table sets forth analyst consensus forecasts as of 2 November 2012 for 2013 and 2014.
Historic | Company guidance | Analyst | |||||
(in EUR billion) | 2010 | 2011 | H1 2012 | 2012F | 2013F | 2013F | 2014F |
Client demand1 | 4.0 | 4.2 | 2.4 | 4 - 5 | 4 - 6 | ||
Total AuM | 21.4 | 24.8 | 27.1 | 31.8 - 35.1 | 34.6 - 40.2 | ||
Revenue margin2 | 1.36% | 1.23% | 1.35% | 1.24% - 1.37% | 1.25% - 1.46% | ||
1 Gross or expected client commitments throughout the period
2 Calculated as revenues divided by average daily AuM (historic company data)
3 Analyst forecasts according to latest reports available as of 2 November 2012 (Merrill Lynch BoA, Morgan Stanley, Credit Suisse, Bank am Bellevue, UBS Research, Main First, Helvea, Vontobel, Goldman Sachs, ZKB, Cheuvreux)