Private markets firm Partners Group has secured total client commitments of USD8.5 billion for its third direct infrastructure programme.
Private markets firm Partners Group has secured total client commitments of USD8.5 billion for its third direct infrastructure programme.
The programme is anchored by Partners Group’s third flagship direct infrastructure fund, which raised USD6.4 billion, and includes an additional USD2.1 billion committed via other managed private markets programs and bespoke client solutions that will invest alongside the fund.
Investors in Partners Group’s third direct infrastructure program are a mix of new and existing clients, including public and corporate pension plans, sovereign wealth funds, insurance companies, endowment funds, and foundations. Approximately one third of the commitments came from outside of Partners Group’s European home market, reflecting broadening investor appetite for the firm’s globally diversified but thematically focused infrastructure offering. Partners Group’s founders, partners, and other employees, together with affiliates of the firm, also made a meaningful commitment to the program.
Partners Group’s previous flagship direct infrastructure fund currently reports a net IRR of 15.5 per cent and a net TVPI of 1.51x.
