Partners Group raises in excess of USD 800 million for senior secured leveraged loan-focused Private Market Credit Strategies and private debt mandates
Press release
Baar-Zug, 14 November 2013
Partners Group, the global private markets investment manager, continues to see client demand for the private debt market and has raised in excess of USD 800 million for such strategies. Private Market Credit Strategies is one of Partners Group's core investment strategies, being the third program of its kind launched by the firm. The program seeks to capitalize on the current senior secured debt market opportunity resulting from constrained banks, expiring European CLOs and the demand for re-financings.
Partners Group Private Markets Credit Strategies 2013 is an investor-friendly investment structure. Combined with a quick ramp-up period of twelve months, the program offers attractive risk-adjusted return potential within a shorter duration than traditional private market offerings. Its predecessor program has been successful in achieving the envisaged ramp-up and the portfolio has performed in line with target returns. Partners Group has identified this segment as attractive in the current market environment and intends to continue offering similar programs to its institutional clients on a regular basis in the future.
Juri Jenkner, Managing Director and Co-Head Private Debt, comments: “Investors are facing an investment environment that is characterized by low growth, negative real yields in many jurisdictions and continued volatility. We are pleased that we can continue to meet our clients' needs by accessing the favorable risk/return potential obtainable in the current private debt environment. We believe providers of credit to mid cap private equity-backed companies can benefit significantly from the lack of alternative capital in this space. We have so far had a very active private debt investment year in 2013, capitalizing on this opportunity by investing in over 40 credits on behalf of our clients during the first nine months alone.”
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 30 billion in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, New York, São Paulo, London, Guernsey, Paris, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney. The firm employs over 650 people, is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of CHF 6 billion and a major ownership by its partners and employees.
Investor relations contact
Philip Sauer
Phone: +41 41 784 66 60
E-mail: [email protected]
Media relations contact
Alexander von Wolffradt
Phone: +41 41 784 66 45
E-mail: [email protected]
Press release
Baar-Zug, 14 November 2013
Partners Group, the global private markets investment manager, continues to see client demand for the private debt market and has raised in excess of USD 800 million for such strategies. Private Market Credit Strategies is one of Partners Group's core investment strategies, being the third program of its kind launched by the firm. The program seeks to capitalize on the current senior secured debt market opportunity resulting from constrained banks, expiring European CLOs and the demand for re-financings.
Partners Group Private Markets Credit Strategies 2013 is an investor-friendly investment structure. Combined with a quick ramp-up period of twelve months, the program offers attractive risk-adjusted return potential within a shorter duration than traditional private market offerings. Its predecessor program has been successful in achieving the envisaged ramp-up and the portfolio has performed in line with target returns. Partners Group has identified this segment as attractive in the current market environment and intends to continue offering similar programs to its institutional clients on a regular basis in the future.
Juri Jenkner, Managing Director and Co-Head Private Debt, comments: “Investors are facing an investment environment that is characterized by low growth, negative real yields in many jurisdictions and continued volatility. We are pleased that we can continue to meet our clients' needs by accessing the favorable risk/return potential obtainable in the current private debt environment. We believe providers of credit to mid cap private equity-backed companies can benefit significantly from the lack of alternative capital in this space. We have so far had a very active private debt investment year in 2013, capitalizing on this opportunity by investing in over 40 credits on behalf of our clients during the first nine months alone.”
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 30 billion in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, New York, São Paulo, London, Guernsey, Paris, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney. The firm employs over 650 people, is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of CHF 6 billion and a major ownership by its partners and employees.
Investor relations contact
Philip Sauer
Phone: +41 41 784 66 60
E-mail: [email protected]
Media relations contact
Alexander von Wolffradt
Phone: +41 41 784 66 45
E-mail: [email protected]