Partners Group
Partners Group is a publicly-listed Swiss global private markets investment manager managing USD 185 billion across private equity, private credit, infrastructure, real estate, and royalties, serving 800-plus institutional clients and a growing private wealth channel across 21 offices worldwide.
- Company typePublic
- Founded1996
- HeadquartersBaar, Switzerland
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Partners Group does
Partners Group is a publicly-listed Swiss global private markets investment manager founded in 1996 by Marcel Erni, Alfred Gantner, and Urs Wietlisbach, headquartered in Zug, Switzerland and listed on the SIX Swiss Exchange (PGHN) since 2006. The firm operates an integrated investment platform spanning five core asset classes: Private Equity, Infrastructure, Private Credit, Private Real Estate, and Royalties. As of the current period, the firm manages USD 185 billion in assets under management and has cumulatively invested USD 261 billion across 21 offices worldwide, supported by a thematic investing platform and an entrepreneurial governance model leveraging over 200 operating directors and industry advisors.
The firm serves over 800 institutional clients globally, including pension funds, sovereign wealth funds, and insurance companies, with bespoke mandates and tailored investment solutions. It has expanded distribution into private wealth through evergreen funds, interval funds, and ELTIF vehicles distributed via US RIAs, European family offices, and multi-family offices, formalized as a dedicated Private Wealth business unit in 2022. Revenue is generated through two primary streams: recurring management fees calculated as a percentage of committed capital or NAV across private equity, private credit, real estate, and infrastructure strategies, and performance fees consisting of carried interest and performance-based fees contingent on return thresholds. The firm also earns returns on co-investment capital deployed alongside client commitments in specific transactions.
Recent strategic activity has centered on three themes: scaling in digital infrastructure (EdgeCore Digital Infrastructure acquired for USD 1.2 billion in 2022, with GreenSquare Data Centers and Life Cycle Power added in 2025), deepening Asia-Pacific exposure (Hong Kong office in 2024, USD 2.5 billion deployed across India at 38%+ IRR, Infinity Fincorp acquired for USD 230 million in 2026), and broadening product offerings (eighth private equity secondaries program closed above USD 9 billion in April 2026, Total Return Strategy launched May 2026). The firm faced a significant liquidity event in Q2 2026 when it imposed a 5% redemption gate on its USD 8.6 billion Global Value SICAV evergreen fund after redemption requests reached 9.8%, triggering a stock decline and broader sector concerns about private markets liquidity.
Partners Group firmographics
Firmographics- Name
- Partners Group
- Legal name
- Partners Group AG
- Website
- http://www.partnersgroup.com
- Company type
- Public
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Partners Group is a publicly-listed Swiss global private markets investment manager managing USD 185 billion across private equity, private credit, infrastructure, real estate, and royalties, serving 800-plus institutional clients and a growing private wealth channel across 21 offices worldwide.
- Ownership category
- akta.pro rank
Partners Group industry classification
Industry- Product category
- Private Markets Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239), Investment Banking and Securities Intermediation (523150), Open-End Investment Funds (525910), Other Investment Pools and Funds (5259)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Private Equity Fundraising Placement (FSAEALAB)
- akta.pro secondary industries
- Venture Capital Secondaries (LP Interests & Direct Secondaries) (FSANAFAJ), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), LP Secondaries — Growth Equity Funds (FSAHALAC)
Keywords
Where Partners Group is headquartered
LocationHeadquarters
- HQ city
- Baar
- HQ country
- Switzerland
- HQ region
- Europe
Offices13 records
Markets served
Partners Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Management Fees: Recurring fees charged on assets under management across private equity, private credit, private real estate, and private infrastructure strategies. Fees are typically calculated as a percentage of committed capital or NAV.
- Performance Fees: Carried interest and performance-based fees aligned with investment returns generated for clients. These fees are contingent on achieving specified return thresholds.
- Co-investment Capital: The firm also earns returns on co-investment capital deployed alongside client commitments in specific transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Institutional investor mandates with tailored fee structures |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Partners Group product offering
Product offeringCore offering
Partners Group is a global private markets investment manager that invests capital on behalf of institutional and private wealth clients across five asset classes: Private Equity, Private Credit, Private Real Estate, Private Infrastructure, and Royalties. The firm delivers these strategies through bespoke mandates, closed-end limited partnerships, and evergreen fund vehicles, managing USD 185 billion in assets under management and serving more than 800 institutional clients worldwide. Revenue is generated from recurring management fees, performance-based carried interest, and returns on co-investment capital deployed alongside clients.
Product overview
Partners Group operates as a leading global private markets investment manager offering a comprehensive platform of five core asset classes: Private Equity, Infrastructure, Private Credit, Private Real Estate, and Royalties. The firm's integrated investment platform combines transformational investing with bespoke client solutions, serving both institutional investors (pension funds, sovereign wealth funds) and private wealth clients through tailored mandates, evergreen funds, and traditional closed-end limited partnership structures. The platform enables Partners Group to construct customized investment solutions that cater to differing investment needs and regulatory requirements across global markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Private Equity
- Private Infrastructure
- Private Credit
- Private Real Estate
- Royalties
- Institutional Investor Solutions
- Private Wealth Solutions
- Evergreen Funds
- Private Equity Secondaries Program
- Total Return Strategy
- B Residences Real Estate Strategy
Quantifiable outcome
- 11.7% LTM net return on cross-sector royalty fund
- +4 more outcomes
Companies that use Partners Group
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
Partners Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Partners Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- The Bank of East AsiaminorPartners Group announced a new distribution partnership with The Bank of East Asia for private markets distribution in Asian markets.
- Kuehne+NagelminorKuehne+Nagel and Partners Group jointly acquired Apex Logistics in 2021. Kuehne+Nagel has now assumed full ownership as Partners Group exits its minority stake.
Scale indicators15 records
Recent moves7 records
Expansion highlights6 records
Partners Group competitors and assessment
Company assessmentDirect peers
- StepStone Group: StepStone is a global private markets solutions and secondaries-focused firm, serving institutional and private wealth clients with fund investments, co-investments, and secondaries. It is the most direct competitor to Partners Group's secondaries franchise.
- Hamilton Lane: Hamilton Lane is a private markets investment manager focused on primaries, secondaries, and co-investments across PE, credit, and infrastructure. Its product mix and growing private wealth business make it a closely comparable peer to Partners Group's solutions and secondaries franchises.
- CVC Capital Partners: CVC is a major European-headquartered private equity and private credit manager with growing private wealth and secondaries offerings. It competes with Partners Group for mid- and large-cap European PE deals and increasingly for global institutional LP relationships.
- EQT AB: EQT is a Swedish-listed private markets firm with a multi-strategy platform spanning PE, infrastructure, growth, and private wealth. As a fellow European-listed, multi-asset private markets manager with strong thematic sourcing and secondaries exposure, EQT is one of the closest structural analogs to Partners Group.
Broad incumbents
- TPG Inc. TPG is a global alternative asset manager spanning PE, growth, real estate, and credit with an active private wealth and secondaries build-out. It is a relevant competitor to Partners Group across flagship PE, growth equity, and capital solutions.
- KKR: KKR is a global alternatives platform with PE, infrastructure, credit, and real estate strategies plus growing insurance/permanent capital. It directly competes with Partners Group for institutional LP mandates and increasingly in private wealth distribution.
- Brookfield Asset Management: Brookfield is one of the largest global alternative asset managers, with leading positions in real estate, infrastructure, renewable power, and private equity. It is a key competitor to Partners Group in infrastructure and real estate and increasingly in private wealth.
- Carlyle Group: Carlyle is a global alternatives manager across PE, credit, and real assets with a public listing and growing private wealth initiatives. It competes with Partners Group for global institutional mandates and in private wealth distribution.
- Blackstone: Blackstone is the world's largest alternative asset manager, offering a comparable multi-asset private markets platform spanning PE, real estate, credit, infrastructure, and hedge funds. It is the dominant scaled competitor to Partners Group, particularly in flagship PE and evergreen wealth solutions.
- Apollo Global Management: Apollo is a leading alternatives manager with deep private credit, PE, and retirement services franchises. Its scaled credit and hybrid value strategies and insurance balance sheet make it a direct competitor to Partners Group across asset classes and client segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
Partners Group social profiles
Digital presencePartners Group compliance and trust
Trust signalCompliance4 records
Partners Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Partners Group leadership team
Management profileNumber of profiles
Profiles17 records
Partners Group subsidiaries and ownership
Company hierarchySubsidiaries13 records
Partners Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Partners Group M&A and investment
M&A and investmentM&A73 records
Investments79 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Partners Group
What does Partners Group do?
Partners Group is a global private markets investment manager that invests capital on behalf of institutional and private wealth clients across five asset classes: Private Equity, Private Credit, Private Real Estate, Private Infrastructure, and Royalties. The firm delivers these strategies through bespoke mandates, closed-end limited partnerships, and evergreen fund vehicles, managing USD 185 billion in assets under management and serving more than 800 institutional clients worldwide. Revenue is generated from recurring management fees, performance-based carried interest, and returns on co-investment capital deployed alongside clients.
Is Partners Group a public or private company?
Partners Group is a public company. It is classified as public and is currently operating.
When was Partners Group founded?
Partners Group was founded in 1996. It employs 1,001 to 5,000 people.
Where is Partners Group based?
Partners Group is headquartered in Baar, Switzerland, in the Europe region.
How does Partners Group make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are performance Fees and co-investment Capital.
Who are Partners Group's main competitors?
Direct peers on record are StepStone Group, Hamilton Lane, CVC Capital Partners and EQT AB. Broad incumbents are TPG Inc., KKR, Brookfield Asset Management, Carlyle Group, Blackstone and Apollo Global Management.
Does Partners Group have an API?
No public API is recorded for Partners Group.
What industry is Partners Group in?
Partners Group's product category is Private Markets Investment Management. Its primary akta.pro industry code is FSAEALAB, Private Equity Fundraising Placement, with a secondary code of FSANAFAJ, Venture Capital Secondaries (LP Interests & Direct Secondaries). Its NAICS code is 523940 and its SIC code is 6211.