Partners Group expects strong client demand of EUR 4-6 billion in 2013
Press release
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)
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 27 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 600 people and is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of over CHF 5 billion with a majority owned by its Partners and all employees.
Investor relations contact
Philip Sauer
Phone: +41 41 784 66 60
E-mail: [email protected]
Media relations contact
Dr. Anna Hollmann
Phone: +41 41 784 63 72
E-mail: [email protected]
Some of the information in these materials contains projections or other forward-looking statements regarding future events or the future financial performance of Partners Group, including without limitation analyst forecasts. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might", the negative of such terms or other similar expressions. Such statements and projections are only predictions and actual events or results may differ materially. Partners Group does not intend to update these statements and projections to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Partners Group, including, among others, general economic conditions, the competitive environment, rapid technological and market change in the industry in which Partners Group operates, as well as many other risks specifically related to Partners Group and its operations.
Press release
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)
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 27 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 600 people and is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of over CHF 5 billion with a majority owned by its Partners and all employees.
Investor relations contact
Philip Sauer
Phone: +41 41 784 66 60
E-mail: [email protected]
Media relations contact
Dr. Anna Hollmann
Phone: +41 41 784 63 72
E-mail: [email protected]
Some of the information in these materials contains projections or other forward-looking statements regarding future events or the future financial performance of Partners Group, including without limitation analyst forecasts. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might", the negative of such terms or other similar expressions. Such statements and projections are only predictions and actual events or results may differ materially. Partners Group does not intend to update these statements and projections to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Partners Group, including, among others, general economic conditions, the competitive environment, rapid technological and market change in the industry in which Partners Group operates, as well as many other risks specifically related to Partners Group and its operations.