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18.03.2024 07:00:31 - dpa-AFX: EQS-News: Partners Group adds private markets royalties to its investment platform (english)
Partners Group adds private markets royalties to its investment platform
Partners Group / Key word(s): Miscellaneous
Partners Group adds private markets royalties to its investment platform
18.03.2024 / 07:00 CET/CEST
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Baar-Zug, Switzerland; 18 March 2024
* Client offerings will include a private markets royalty evergreen fund
Partners Group, a leading global private markets firm, has added private
markets royalties(1) as a fifth asset class alongside private equity,
infrastructure, private credit, and real estate. The firm is leveraging its
global platform to build the first dedicated, scalable multi-sector royalty
offering that invests in both well-established royalty sectors, such as
intellectual property assets across the pharmaceuticals and entertainment
industries, as well as emerging high-growth royalty sectors like the energy
transition, sports, and brands.
Partners Group's royalty business is headed by Stephen Otter, who has joined
the firm as a Managing Director based in Zug. Mr. Otter, who has close to 20
years of relevant investment industry experience, will lead an experienced
royalty investment team with an established seed portfolio. The team will be
integrated into the wider Partners Group platform and will benefit from the
firm's existing network, expertise, and portfolio insights.
Juri Jenkner, Partner and President, Partners Group, comments: "We have high
conviction in private markets royalties as an asset class that complements
our existing private markets offerings. Royalties have seen strong growth in
recent years, with greater applicability across the economy, including in
many of our target private equity and infrastructure themes such as
healthcare and the energy transition. The breadth of our global platform,
combined with our deep expertise in relevant sectors, means we are
well-positioned to apply our thematic sourcing approach to identifying the
most attractive royalty investment opportunities for our clients."
Partners Group research estimates the total private markets royalty market
to be worth more than USD 1 trillion today and forecasts further rapid
growth. Private markets royalties can offer attractive risk-adjusted
returns, long-term predictable cash flows, low correlation to broader
markets, and a hedge against inflation. As such, the firm believes royalty
assets can be an effective tool for stabilizing and diversifying traditional
private markets portfolios.
Royalties will be made available to Partners Group's investors through the
firm's range of bespoke solutions, which includes its tailored mandate
solutions for existing and new institutional clients and its structured
private wealth products. The firm plans to offer the strategy in an
evergreen fund structure that could be eligible for investment by private
wealth investors, who currently have limited opportunities to gain exposure
to private markets royalties.
Stephen Otter, Managing Director and Head of Private Markets Royalties,
Partners Group, adds: "In building out our private markets royalty business,
we are differentiating from the industry standard on two key points.
Firstly, by considering a larger set of royalty opportunities across
sectors, we will play to Partners Group's strength of applying a relative
value approach to selecting the most attractive investment opportunities for
our clients. Secondly, by using an evergreen structure instead of a
closed-end fund, our client offerings will be better aligned to the longer
duration of the underlying royalty investments."
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(1) A royalty is a contractual payment to the owner of an asset by a third
party for the right to the ongoing use of that asset. The asset owner
typically receives a percentage of the gross or net revenue generated from
the asset in question.
About Partners Group
Partners Group is a leading global private markets firm. Since 1996, the
firm has invested USD 210 billion in private equity, private real estate,
private debt, and private infrastructure on behalf of its clients globally.
Partners Group seeks to generate strong returns through capitalizing on
thematic growth trends and transforming attractive businesses and assets
into market leaders. The firm is a committed, responsible investor and aims
to create sustainable returns with lasting, positive impact for all its
stakeholders. With USD 147 billion in assets under management as of 31
December 2023, Partners Group provides an innovative range of bespoke client
solutions to institutional investors, sovereign wealth funds, family offices
and private individuals globally. The firm employs more than 1,900 diverse
professionals across 20 offices worldwide and has regional headquarters in
Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the
SIX Swiss Exchange since 2006 symbol: PGHN). For more information, please
visit www.partnersgroup.com or follow us on LinkedIn.
Shareholder relations contact
Philip Sauer
Phone: +41 41 784 66 60
Email: philip.sauer@partnersgroup.com
Media relations contact
Jenny Blinch
Phone: +44 207 575 2571
Email: jenny.blinch@partnersgroup.com
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End of Media Release
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End of News EQS News Service
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1860439 18.03.2024 CET/CEST
Partners Group / Key word(s): Miscellaneous
Partners Group adds private markets royalties to its investment platform
18.03.2024 / 07:00 CET/CEST
---------------------------------------------------------------------------
Baar-Zug, Switzerland; 18 March 2024
* The firm is launching the industry's first dedicated, scalable
multi-sector royalty strategy, targeting a fast-growing addressable
market of over USD 1 trillion
* Royalties represent the fifth asset class on Partners Group's private
markets platform
* Client offerings will include a private markets royalty evergreen fund
Partners Group, a leading global private markets firm, has added private
markets royalties(1) as a fifth asset class alongside private equity,
infrastructure, private credit, and real estate. The firm is leveraging its
global platform to build the first dedicated, scalable multi-sector royalty
offering that invests in both well-established royalty sectors, such as
intellectual property assets across the pharmaceuticals and entertainment
industries, as well as emerging high-growth royalty sectors like the energy
transition, sports, and brands.
Partners Group's royalty business is headed by Stephen Otter, who has joined
the firm as a Managing Director based in Zug. Mr. Otter, who has close to 20
years of relevant investment industry experience, will lead an experienced
royalty investment team with an established seed portfolio. The team will be
integrated into the wider Partners Group platform and will benefit from the
firm's existing network, expertise, and portfolio insights.
Juri Jenkner, Partner and President, Partners Group, comments: "We have high
conviction in private markets royalties as an asset class that complements
our existing private markets offerings. Royalties have seen strong growth in
recent years, with greater applicability across the economy, including in
many of our target private equity and infrastructure themes such as
healthcare and the energy transition. The breadth of our global platform,
combined with our deep expertise in relevant sectors, means we are
well-positioned to apply our thematic sourcing approach to identifying the
most attractive royalty investment opportunities for our clients."
Partners Group research estimates the total private markets royalty market
to be worth more than USD 1 trillion today and forecasts further rapid
growth. Private markets royalties can offer attractive risk-adjusted
returns, long-term predictable cash flows, low correlation to broader
markets, and a hedge against inflation. As such, the firm believes royalty
assets can be an effective tool for stabilizing and diversifying traditional
private markets portfolios.
Royalties will be made available to Partners Group's investors through the
firm's range of bespoke solutions, which includes its tailored mandate
solutions for existing and new institutional clients and its structured
private wealth products. The firm plans to offer the strategy in an
evergreen fund structure that could be eligible for investment by private
wealth investors, who currently have limited opportunities to gain exposure
to private markets royalties.
Stephen Otter, Managing Director and Head of Private Markets Royalties,
Partners Group, adds: "In building out our private markets royalty business,
we are differentiating from the industry standard on two key points.
Firstly, by considering a larger set of royalty opportunities across
sectors, we will play to Partners Group's strength of applying a relative
value approach to selecting the most attractive investment opportunities for
our clients. Secondly, by using an evergreen structure instead of a
closed-end fund, our client offerings will be better aligned to the longer
duration of the underlying royalty investments."
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(1) A royalty is a contractual payment to the owner of an asset by a third
party for the right to the ongoing use of that asset. The asset owner
typically receives a percentage of the gross or net revenue generated from
the asset in question.
About Partners Group
Partners Group is a leading global private markets firm. Since 1996, the
firm has invested USD 210 billion in private equity, private real estate,
private debt, and private infrastructure on behalf of its clients globally.
Partners Group seeks to generate strong returns through capitalizing on
thematic growth trends and transforming attractive businesses and assets
into market leaders. The firm is a committed, responsible investor and aims
to create sustainable returns with lasting, positive impact for all its
stakeholders. With USD 147 billion in assets under management as of 31
December 2023, Partners Group provides an innovative range of bespoke client
solutions to institutional investors, sovereign wealth funds, family offices
and private individuals globally. The firm employs more than 1,900 diverse
professionals across 20 offices worldwide and has regional headquarters in
Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the
SIX Swiss Exchange since 2006 symbol: PGHN). For more information, please
visit www.partnersgroup.com or follow us on LinkedIn.
Shareholder relations contact
Philip Sauer
Phone: +41 41 784 66 60
Email: philip.sauer@partnersgroup.com
Media relations contact
Jenny Blinch
Phone: +44 207 575 2571
Email: jenny.blinch@partnersgroup.com
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End of Media Release
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Language: English
Company: Partners Group
Zugerstrasse 57
6341 Baar
Switzerland
Phone: +41 41 784 60 00
Fax: + 41 41 784 60 01
E-mail: partnersgroup@partnersgroup.com
Internet: https://www.partnersgroup.com/en/
ISIN: CH0024608827
Valor: 2460882
Listed: SIX Swiss Exchange
EQS News ID: 1860439
End of News EQS News Service
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1860439 18.03.2024 CET/CEST
