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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 5 sources · 10 days · First seen about 1 month ago · Last updated 25 days ago

Partners Group private equity fund restructuring

Overview

Swiss asset manager Partners Group is restructuring its Evergreen private equity strategy to address liquidity management challenges and investor redemption requests. To provide greater flexibility and stabilize confidence, the company is transforming its ‘Global Value Sicav’ fund into an umbrella structure containing two distinct sub-portfolios: one dedicated to long-term capital growth and another serving as a distributing fund.

These changes follow periods where redemption requests exceeded regulatory limits, such as a second-quarter request for 9.8% of net asset value. In addition to the fund restructuring, the company is winding down its London-based Private Equity Limited vehicle to facilitate repayments, with distributions scheduled to begin semi-annually on March 31, 2027. Partners Group has also approved approximately 14.8 million euros for share buybacks, intended for completion by January 31, 2027.

Entities

Partners Group · Bank of America · CGI · D-Wave Quantum Inc. · UBS

Timeline

25 days ago

[BUSINESS] 2 sources
Partners Group restructures funds amid liquidity pressure
Partners Group is restructuring its Global Value SICAV and winding down a London-based private equity vehicle due to high redemption requests and liquidity pressures in private markets.
about 1 month ago

[BUSINESS] 5 sources
Partners Group restructures Evergreen funds to increase investor flexibility
Swiss asset manager Partners Group is restructuring its Global Value Sicav fund into two sub-portfolios to increase investor flexibility following high redemption requests.

Sources

ad-hoc-news.de · esteval.fr · it-boltwise.de · kapitalmarktexperten.de · watson.ch