Partners Group announces the closing of two new mandates for a total of CHF 500 million
Press release
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.”
About Partners Group
Partners Group is a global alternative asset management firm with over CHF 25 billion in investment programs under management in private equity, private debt, private real estate, private infrastructure, absolute return strategies and listed alternatives. The firm manages a broad range of funds, structured products and customized portfolios for an international clientele of institutional investors, private banks and other financial institutions. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, New York, London, Guernsey, Luxembourg, Singapore, Beijing, Tokyo and Sydney. The firm employs over 300 people, is listed on the SWX Swiss Exchange (symbol: PGHN) with a market capitalization of over CHF 1.5 billion and majority owned by its 38 Partners & Principals and all employees.
Investor relations contact:
Dr. Cyrill Wipfli, Principal
Business Strategy & Corporate Development
Phone: +41 41 768 85 71
E-mail: [email protected]
Media relations contact:
Tamara Krebs
Communications
Phone: +41 41 768 85 26
E-mail: [email protected]
www.partnersgroup.net
Press release
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.”
About Partners Group
Partners Group is a global alternative asset management firm with over CHF 25 billion in investment programs under management in private equity, private debt, private real estate, private infrastructure, absolute return strategies and listed alternatives. The firm manages a broad range of funds, structured products and customized portfolios for an international clientele of institutional investors, private banks and other financial institutions. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, New York, London, Guernsey, Luxembourg, Singapore, Beijing, Tokyo and Sydney. The firm employs over 300 people, is listed on the SWX Swiss Exchange (symbol: PGHN) with a market capitalization of over CHF 1.5 billion and majority owned by its 38 Partners & Principals and all employees.
Investor relations contact:
Dr. Cyrill Wipfli, Principal
Business Strategy & Corporate Development
Phone: +41 41 768 85 71
E-mail: [email protected]
Media relations contact:
Tamara Krebs
Communications
Phone: +41 41 768 85 26
E-mail: [email protected]
www.partnersgroup.net