Partners Group restructures Evergreen funds to increase investor flexibility

Partners Group is restructuring its Evergreen private equity strategy to provide investors with greater flexibility. This move follows a period of significant pressure on the Swiss asset manager’s stock, which has declined nearly 40% this year.

The restructuring specifically targets the ‘Global Value Sicav’ fund, which previously faced redemption limits after investors requested withdrawals exceeding 9.8% of its net asset value in the second quarter. To manage liquidity and investor needs, the fund will be split into two sub-portfolios under a single umbrella: one focused on long-term capital growth and another acting as a distributing fund.

This strategic adjustment aims to stabilize institutional investor confidence and address the structural frictions that previously led to redemption halts in mid-2024.