Partners Group Holding AG is a leading global alternative asset manager headquartered in Baar, Switzerland. The firm specializes in private markets, offering investment programs and custom mandates across four primary asset classes: private equity, private credit, private infrastructure, and private real estate. Partners Group operates a vertically integrated business model, handling the sourcing, due diligence, structuring, and active management of direct, secondary, and primary investments.
The company generates revenue primarily through recurring management fees based on assets under management (AuM), which account for the majority of its income (typically around 70-75%), supplemented by performance fees realized upon the successful exit or valuation milestones of its investments. As of recent reporting, the firm manages over $170 billion in AuM, with private equity representing the largest share (over 45%), followed by private credit (around 21%), private infrastructure (around 19%), and private real estate (around 12%).
Partners Group serves a diverse, international clientele, including pension funds, sovereign wealth funds, insurance companies, endowments, and high-net-worth individuals. Geographically, the firm operates globally with a strong presence in Europe, North America, and the Asia-Pacific region, employing over 1,800 professionals across numerous international offices. Its competitive position is bolstered by its pioneering role in offering evergreen fund structures for private markets, providing enhanced liquidity and access to alternative assets for a broader range of investors. The firm's large scale, global reach, and diversified private market offerings make it one of the most valuable publicly listed alternative asset managers in the world.
