Partners Group

“We made the investment in the first week of November, Chat GPT launched in the last week of November, and we saw this explosion both in public awareness as well as in the data center customer market,” Ed Diffendal, a Managing Director on our Infrastructure Americas team, recently told David Snow about Partners Group’s investment in EdgeCore Digital Infrastructure. Watch the Cool Vector Media podcast episode below.

At Partners Group, we are Built Differently to Build Differently. This extends to everything we do as a firm, including our approach to developing talent within our portfolio companies. Partners Group started the Private Markets Operator Development (PMOD) program in 2021 specifically for candidates seeking to become high-level leaders within our portfolio companies, providing a unique opportunity to gain exposure to senior leadership, including CEOs and board members. We measure the success of the program on business impact, not the number of members hired, meaning success is determined by financials, and customer and ESG impact. To support this impact, the program provides development and coaching support. While the program is small today, we are planning to scale it over the coming years. Our members are trailblazing an entrepreneurial path at many of our portfolio companies, such as Budderfly, KinderCare Learning Companies, EdgeCore Digital Infrastructure and AMMEGA – check out their reasons for joining the program here. If you are interested in private markets and developing a long-term career within the Partners Group portfolio, keep an eye out for PMOD job postings. We are currently recruiting for a role with Exus Renewables North America: https://lnkd.in/eCbh_mq7

Partners Group’s European Direct Lending Platform, acting on behalf of our clients, has arranged a record number of loans in Europe, with more than 24 loans made to different borrowers across the region in the last twelve months. The loans were all made as lead investor, with the majority as sole lender, and benefit from maintenance covenants offering enhanced lender security. The loans were largely to companies in Germany, France, the UK, and the Benelux region. In addition, our European Direct Lending Platform further extended its relationships this year, providing financing to more than ten new sponsors. Partners Group has now provided financing to over 160 sponsors globally since launching its private credit platform, reflecting our position as a leading solution provider.   Partners Group has been investing in European private credit since 2003, with a focus on senior direct lending since 2012. Partners Group's Private Credit business has a total of USD 31 billion in assets under management globally. #PrivateCredit

Why does the mid-market hold the most exciting opportunities in infrastructure secondaries? In this video, Marc Meier, Co-Head of Infrastructure Partnership Investments, and Melk Bucher, Ph.D., Infrastructure Partnership Investments, explain that the mid-market holds the largest opportunity set yet has the least competition amongst buyers, creating a significant pricing advantage. Marc and Melk also outline what skills firms need to be successful in this space. Read our research paper for more on infrastructure secondaries: https://lnkd.in/e5P34FHC

Our private wealth business was recognized at the Citywire Asia Asset Management Awards 2024 where Partners Group won Best Liquid Alternatives Manager for the second year in a row. These awards identify Asia’s top third-party providers of asset management products to private banks and wealth managers.   Partners Group has been catering to the private wealth segment for over 20 years and now has more than USD 45 billion across its open-ended evergreen programs, including five funds that are available in the Asian market. Earlier this year, we opened our office in Hong Kong, which represents our seventh office in the region.

We believe that the infrastructure secondaries market is now at an inflection point, with transaction volumes set to quadruple or even quintuple by 2030. Crucially, we are currently in a buyer’s market, with dry powder significantly below annual transaction volumes.   In this new paper, we examine the key factors driving the evolution of infrastructure secondaries and explain why we favor the mid-market segment. Using data and case studies, we outline how the infrastructure secondaries market has evolved from a niche sector into one of the hottest areas of private markets.   Read our research paper here: https://lnkd.in/e5P34FHC

Andrew Bellis, our head of private credit, and Lori Pomerantz, our head of business development for private credit, spoke with Private Debt Investor about how liquidity is increasingly becoming a hot topic across the asset class. Andrew and Lori talked about the drivers of liquidity at the asset and fund level, how open-ended evergreen funds address liquidity for investors, and the growth of private credit secondaries. You can read the full interview here: https://lnkd.in/e3nxdeah

Move-in day is here! Our new Zug campus, which took over three years to build, opens its doors today. It comprises three interconnected buildings: The Foundry, The Factory and The Greenery, symbolizing our identity as business builders and innovators. Colleagues and guests will find open-plan workspaces to promote collaboration and transparency and unique design features like floating meeting rooms, which offer a bird’s-eye view of our workspaces to reflect our culture of putting clients at the center of our business.   #BuiltDifferentlytoBuildDifferently

Partners Group is investing in Neara, the first AI-powered predictive modeling software platform for critical infrastructure, on behalf of our clients. Partners Group is participating in a USD 31 million Series C funding round. Neara’s digital modeling technology, pictured below, enables utilities to adopt a more proactive approach to network optimization, with simulations that surface safety and reliability risks and identify the most effective remediation actions. This modelling enables utilities to execute faster, more informed decisions.   Cyrus Driver, Managing Director, Partners Group, says: "In many cases, infrastructure is lagging behind rapidly changing societal needs, including across the energy grid, transportation, and digital infrastructure. As a result, it’s never been more important that every dollar invested in infrastructure demonstrably improves performance. Neara’s industry-leading technology is essential for every asset owner to run high-functioning and resilient infrastructure. We have deep thematic conviction in Neara's offering and we are already working with management on multiple opportunities to deploy its solutions within Partners Group's global network." #PrivateEquity #Infrastructure

Our Quarterly Liquid Credit Market Commentary presents the latest data on the loan markets. In Q3 2024, the global loan markets remained active, with loan repricing and maturity extensions driving the pace. Click the link below to read the full paper: https://lnkd.in/eBXQzWbP