Partners Group
Encyclopedia
Partners Group is a global private markets management firm with over EUR 20 billion in investment programs under management in private equity
, private debt
, private real estate
, private infrastructure
and absolute return strategies
. 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.
The firm, which was founded in 1996, is based in Zug, Switzerland with offices in San Francisco, New York, Sao Paulo, London, Guernsey, Paris, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney. Partners Group is a joint stock company under Swiss law, listed on the Swiss Exchange since its 2006 initial public offering
. The firm was founded by Alfred Gantner, Marcel Erni and Urs Wietlisbach.
Partners Group makes direct investments
in equity
and debt
of privately held companies, the purchase of existing assets on the secondary market
and primary partnership
investments across all sectors, industries and regions.
Partners Group markets various investment funds to clients with customized geographic focus (Asia-Pacific
, emerging markets
, European growth, US venture, etc.), investment style (direct investment funds, secondary funds, etc.) and liquidity terms (limited partnerships, SICAVs
, SICARs, etc.). Partners Group was tapped by the Norwegian Ministry of Finance to advise Norway's $525bn Sovereign Wealth Fund
, the largest of its kind on Earth, on its investments into real-estate markets.
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
, private debt
Debt
A debt is an obligation owed by one party to a second party, the creditor; usually this refers to assets granted by the creditor to the debtor, but the term can also be used metaphorically to cover moral obligations and other interactions not based on economic value.A debt is created when a...
, private real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
, private infrastructure
Infrastructure
Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
and absolute return strategies
Absolute return
The absolute return or simply return is a measure of the gain or loss on an investment portfolio expressed as a percentage of invested capital. The adjective absolute is used to stress the distinction with the relative return measures often used by long-only equity funds, i.e...
. 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.
The firm, which was founded in 1996, is based in Zug, Switzerland with offices in San Francisco, New York, Sao Paulo, London, Guernsey, Paris, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney. Partners Group is a joint stock company under Swiss law, listed on the Swiss Exchange since its 2006 initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
. The firm was founded by Alfred Gantner, Marcel Erni and Urs Wietlisbach.
Partners Group makes direct investments
Equity co-investment
An equity co-investment is a minority investment, made directly into an operating company, alongside a financial sponsor or other private equity investor, in a leveraged buyout, recapitalization or growth capital transaction. In certain circumstances, venture capital firms may also seek...
in equity
Equity (finance)
In accounting and finance, equity is the residual claim or interest of the most junior class of investors in assets, after all liabilities are paid. If liability exceeds assets, negative equity exists...
and debt
Debt
A debt is an obligation owed by one party to a second party, the creditor; usually this refers to assets granted by the creditor to the debtor, but the term can also be used metaphorically to cover moral obligations and other interactions not based on economic value.A debt is created when a...
of privately held companies, the purchase of existing assets on the secondary market
Private equity secondary market
In finance, the private equity secondary market refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds....
and primary partnership
Limited partnership
A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners , there are one or more limited partners . It is a partnership in which only one partner is required to be a general partner.The GPs are, in all major respects,...
investments across all sectors, industries and regions.
Partners Group markets various investment funds to clients with customized geographic focus (Asia-Pacific
Asia-Pacific
Asia-Pacific or Asia Pacific is the part of the world in or near the Western Pacific Ocean...
, emerging markets
Emerging markets
Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. Based on data from 2006, there are around 28 emerging markets in the world . The economies of China and India are considered to be the largest...
, European growth, US venture, etc.), investment style (direct investment funds, secondary funds, etc.) and liquidity terms (limited partnerships, SICAVs
SICAV
A SICAV is an open-ended collective investment scheme common in Western Europe, especially Luxembourg, Switzerland, Italy, Spain, Belgium and France...
, SICARs, etc.). Partners Group was tapped by the Norwegian Ministry of Finance to advise Norway's $525bn Sovereign Wealth Fund
The Government Pension Fund of Norway
The Government Pension Fund of Norway comprises two entirely separate sovereign wealth funds owned by the Government of Norway:* The Government Pension Fund - Global...
, the largest of its kind on Earth, on its investments into real-estate markets.
External links
- Partners Group (company website)
- Financial Times Profile
- Partners Group opens London office and launches joint HSBC fund of funds. AltAssetsAltAssetsAltAssets is an online financial news website focused on the private equity and venture capital industry. Owned and operated as a free service by private equity advisory firm, Almeida Capital, AltAssets was launched in 2001 and is based in London....
, 2005 - Swiss fund of funds Partners Group opens Singapore office and launches Asia fund. AltAssetsAltAssetsAltAssets is an online financial news website focused on the private equity and venture capital industry. Owned and operated as a free service by private equity advisory firm, Almeida Capital, AltAssets was launched in 2001 and is based in London....
, 2004 - Swiss Partners Group holds final close on dedicated secondaries fund. AltAssetsAltAssetsAltAssets is an online financial news website focused on the private equity and venture capital industry. Owned and operated as a free service by private equity advisory firm, Almeida Capital, AltAssets was launched in 2001 and is based in London....
, 2004 - Swiss Partners Group launches secondaries fund. AltAssetsAltAssetsAltAssets is an online financial news website focused on the private equity and venture capital industry. Owned and operated as a free service by private equity advisory firm, Almeida Capital, AltAssets was launched in 2001 and is based in London....
, 2003 - Partners Group Secondary 2006 closes on €1bn. AltAssetsAltAssetsAltAssets is an online financial news website focused on the private equity and venture capital industry. Owned and operated as a free service by private equity advisory firm, Almeida Capital, AltAssets was launched in 2001 and is based in London....
, 2006