Shares in Swiss private markets manager Partners Group slipped on Monday, breaking below levels reached earlier this month after the firm imposed caps on withdrawals from its $8.6bn private equity fund, according to a report by Reuters.
The stock traded down to around CHF669, falling beneath the 3 June closing level of CHF671 and marking a fresh breach of the intraday low recorded in early June.
The move adds to a difficult year for the group, with shares now down roughly 30% year-to-date as investor sentiment remains under pressure amid concerns linked to liquidity management in parts of the private equity market.
The latest weakness follows the firm’s decision to restrict redemptions in the multi-billion-dollar vehicle, a step that has drawn attention across the broader alternatives sector as managers balance investor exit demand with portfolio liquidity constraints.