Partners Group is preparing to launch its first India-focused buyout fund, with a target of at least $1bn, amid growing investor appetite for investments in the country, according to a report by Reuters citing unnamed people familiar with the situation.
The move reflects a broader push by global private equity firms to increase allocations to India amid shifting regional dynamics.
Investor interest in India has strengthened in recent years, driven in part by a slowdown in China and by the country’s relatively robust capital markets, which have improved exit opportunities for private equity sponsors.
The proposed vehicle – Partners Group’s first country-specific fund outside Europe – s expected to cater primarily to existing limited partners seeking greater exposure to India, while also bringing in new investors. Final details on the fund structure are anticipated in the coming weeks, sources said.
The India-focused strategy will operate alongside the firm’s global flagship private equity fund, which is expected to continue deploying capital into Indian opportunities. Combined, total investment into India from these strategies could reach as much as $2bn over time.
Partners Group’s private equity platform manages approximately $86bn in assets and has invested around $125 billion since inception. Its most recent flagship fund raised over $15bn, exceeding its initial target.
