Partners Group

How well do individual investors understand private markets? How many are looking to invest? And what needs to be done to further democratize the asset class? We put these questions and more to over 100 financial advisors from the leading US wealth platforms who attended our PG Academy events in Denver earlier this year. The results showed that individual investors are seeking to meaningfully increase their exposure to private markets. However, advisors think a significant proportion of them still have a poor understanding of the asset class and there is plenty of work to do to further open the asset class to individual investors. In terms of products, advisors said they spent more time talking about open-ended evergreen funds than anything else. These PG Academy events, which are interactive education sessions for small groups of around 20-60 advisors, were attended by advisors from the largest wirehouses and wealth platforms. Our first PG Academy took place in 2010 and we run multiple academies in the US, Europe, and Asia every year, hosting hundreds of advisors from across our global distribution partner network. You can find our key findings from the research below and more about our Private Wealth offering here: https://lnkd.in/etjvZk-y

Partners Group increased its equity stake in BREITLING, a leading Swiss watchmaker, back in December 2022. In this video, Alfred Gantner, Partners Group Co-Founder and Chairman of the Breitling board, and Georges K., Chief Executive Officer at Breitling, discuss the latest developments at the company. From retail excellence to expansion into China and an increased focus on women's watches, underpinned by the launch of the Navitimer and the collaboration with Victoria Beckham, the watchmaker has been busy implementing its growth strategy across the board. Finally, the acquisition of Universal Genève was a natural step for Breitling due to the synergies in heritage and design. As Alfred Gantner says: "It's an exciting journey and a privilege to be part of such a great luxury goods brand." Find out more about our private equity investments here: https://lnkd.in/eGyAhRMq

Our US portfolio company Budderfly, the preferred sustainability partner for commercial businesses, has acquired a grid-edge distributed energy resource management system (DERMS) from Sunverge Energy, as the company continues to pioneer novel energy management strategies. Using this new technology, Budderfly will be able to aggregate distributed energy resources from across customer sites, positioning it to create virtual power plants that can provide flexibility to the grid and increase energy resiliency for customers. Budderfly intends to enroll thousands of customer sites into the program over the next five years.   You can read the press release here: https://lnkd.in/ecPiW2Tj   Budderfly's CEO Al Subbloie also spoke to Facilities Drive about the acquisition here: https://lnkd.in/gWByW5kw

Our portfolio company SureWerx is a leading supplier of personal protective equipment, safety gear, and tool solutions across North America. In this video, Derek Lim, Managing Director, Private Equity Goods & Products, talks us through what makes SureWerx unique and our value-creation initiatives at the company, while paul trinder, Board Member and LOD at SureWerx, explains where there is opportunity to be found in the industrial safety market. Industrial safety has been a thematic focus area for Partners Group, and we have conviction in SureWerx's potential due to its broad product portfolio, end-market diversification, and compelling industry tailwinds. Check out our case study on SureWerx for more: https://lnkd.in/eZP4Mm8D

A big welcome to Mike Longman who has joined us as a Managing Director and Operator in our Private Equity Goods and Products Vertical, based in Denver. Mike spent over 20 years with Eaton, a multinational power management company with over 85,000 employees, in various management roles, most recently as President, Critical Power & Digital Infrastructure. Previously, Mike spent 16 years at McKinsey. With his deep operating skillset from a successful career in industry, Mike will be actively involved in implementing the value creation plans required to transform our portfolio companies as well as evaluating growth themes and new potential investments across our goods and products portfolio. Mike is the latest in a series of senior hires that deepen our industry experience across private equity.  

Our Credit platform has supported Air Control Concepts in its transition from private credit to the public loan markets. Headquartered in Norfolk, VA, AIR is a leading provider of heating, ventilation, and air conditioning (HVAC) products and engineering services to commercial and industrial building contractors, architect-design firms, and business owners in the US. Partners Group initially provided financing, on behalf of clients, to support Madison Dearborn Partners in its acquisition of AIR in early 2023. Our investment was then upsized to support AIR in making strategic add-ons, which were focused on increasing its scale and diversity. Following a period of strong growth, AIR refinanced its private credit loan in the public markets in mid-2024. Due to our integrated platform, which includes Direct Lending and Liquid Loan businesses, and strong relationship with the sponsor, we were able to continue supporting AIR in the public markets and remain part of its exciting growth journey. Tom Stein, Partner, Head of Private Credit Americas, Partners Group, says: "Our private credit investment in AIR was a collaborative effort across Partners Group's platform. We leveraged institutional knowledge from other business units to build our conviction in AIR and the broader HVAC market." Partners Group's Credit business has USD 31 billion in assets under management. #PrivateCredit #Loans

"Pharmathen specializes in products that are so complex few others can make them." In this video, Lauren Hasek from our Private Equity Health & Life Vertical shares an overview of our portfolio company Pharmathen, a leading developer and manufacturer of advanced drug delivery technologies. A highly thematic investment, Pharmathen's differentiated business model, along with its complex technology and experienced leadership team, sets it apart from other firms in the industry. Since investing in 2021 on behalf of our clients, Partners Group has been working with Pharmathen's management team on key value creation initiatives to build the business. https://lnkd.in/eJgtWr-u #PrivateEquity

What do a junior soccer coach, a former MI5 candidate, and a Bolivian blizzard survivor have in common? They're all part of this year's Summer Analyst intake at Partners Group! This year's impressive cohort of summer interns are coming to the end of their placement at our Zug, Switzerland offices. Our summer internship program provides an introduction to a private markets career and is targeted at candidates from backgrounds that are typically under-represented in financial services. It is a unique opportunity for university students and recent graduates with top credentials to launch an exciting and challenging career with us. The program equips interns with the financial and analytical skills required to excel in private markets. Interested? Apply to become one of next year's Summer Analysts here: https://lnkd.in/eWtsPKqu #PrivateMarkets #Recruitment

US and European liquid loan activity maintained strong momentum in Q2 of this year, driven by robust demand from both institutional and retail loan investors. With the ensuing tighter loan spreads, issuers seized the opportunity to actively pursue refinancings and repricings to lower borrowing costs. Collateralized loan obligations (CLO) activity also boomed, as investors increased exposure to the product class in the US and Europe. In this latest edition of our liquid credit market report, we also examine the effects of the recent wave of refinancings and maturity extensions on pushing out the US loan maturity wall and the potential implications of this for returns and risk management. Read our Quarterly Liquid Credit Market Commentary for Q2 2024 here: https://lnkd.in/ewZCJzaN

Joanna Asfour, a Managing Director in our Client Solutions team, recently joined Ross Butler on the Fund Shack podcast to discuss how Defined Contribution (DC) pension schemes can invest in private markets. Over the course of a wide-ranging conversation, Joanna shared her thoughts on why trustees are increasingly looking at private markets, how this is possible, and the operational challenges of offering products for these schemes. Partners Group has been a pioneer in this space, creating the first private markets products designed for the world's three largest DC pension systems: the UK, the US, and Australia. You can listen to the podcast here: https://lnkd.in/eV3aeqWK