Partners Group announced the final closing of its eighth private equity secondaries program with more than $9 billion in total client commitments, underscoring strong global demand for the strategy. The program includes a closed-end fund along with bespoke mandates and vehicles that co-invest alongside it.
The investor base is highly diversified across Europe, Asia-Pacific, and the United States, reflecting a broad international appetite. Approximately one-third of new commitments came from outside Europe, with the largest individual allocations originating from Asia-Pacific investors. Partners and employees of the firm, along with its affiliates, also made significant commitments to the program.
The program is already 60% committed, supported by a seed portfolio that provides exposure to a diversified set of assets managed by high-quality general partners worldwide. The closing follows an active investment period for the firm’s secondaries business, which deployed more than $4 billion globally over the past year. The strategy is driven by a thematic investment approach that leverages insights from Partners Group’s private equity direct platform to identify sectors benefiting from strong tailwinds.
Performance across prior secondary programs has been strong, with mature closed-end funds ranking in the top quartile according to MSCI Burgiss. The firm has invested approximately $40 billion globally in secondaries since entering the market in 1998.
Partners Group’s private equity platform manages $86 billion in assets globally, spanning both direct and secondaries strategies.
Founded in Switzerland with a significant presence in the Americas, including Colorado, Partners Group employs around 2,000 professionals and oversees more than $185 billion in assets under management. Its investment capabilities extend across private equity, private credit, infrastructure, real estate, royalties, and special opportunities, supported by a differentiated, operationally focused investment approach.
KEY QUOTE:
“The successful closing of our eighth private equity secondaries program highlights the global appeal of our investment approach. We are uniquely positioned with one of the largest teams of direct investment professionals and industry experts, which means we have the ability to perform in-depth underwriting as we work closely with GPs to create custom solutions. We are grateful for the trust our clients have in us.”
Anthony Shontz, Partner, Co-Head Private Equity Partnership Investments, Partners Group
