Shares in Partners Group dropped around 3% in Thursday trading, closing at their weakest level since April 2020, as investor sentiment remained under pressure following recent restrictions on withdrawals from one of its PE vehicles, according to a report by Reuters.
The Swiss alternative asset manager has been under scrutiny after it imposed caps on redemptions in an $8.6bn private equity fund, a move that reignited broader concerns around liquidity management within parts of the private markets sector.
While the stock briefly approached an intraday low recorded earlier in June, it ultimately finished slightly above that level. The latest decline leaves the shares down roughly 30% year-to-date, reflecting sustained volatility and investor caution toward listed private markets firms amid a more challenging fundraising and liquidity environment.
Market participants have pointed to the withdrawal restrictions as a key driver behind the recent weakness, with sentiment spilling over into trading performance as investors reassess risk exposure in alternative asset strategies.
