Partners Group, a leading global private markets firm, received $12.1 billion in new commitments from its global client base in H1 2021 (H1 2020: $8.3 billion), bringing the firm’s total AuM to $118.9 billion as of 30 June 2021 (31 December 2020: $109.1 billion). During the same period, the firm committed $13.1 billion to transformational investing across private markets asset classes globally.
David Layton, Partner and Chief Executive Officer, says: “We entered 2021 with advanced investment and client demand pipelines as markets recovered momentum and investors regained confidence. As our H1 figures show, we have successfully transacted on this investment pipeline, although we have exercised high selectivity and discipline on pricing as valuations for good businesses remain peaky. On the client side, we have also been able to convert demand into meaningful AuM growth, which we believe speaks to continued investor confidence in the strength of our private markets platform. Looking ahead, our Thematic Investing theses about which sub-sectors stand to benefit from transformative trends have been bolstered and we have strong conviction in our continued ability to identify the associated companies and assets best positioned for future growth. As a result, our investment and client demand pipelines remain robust as we move into the second half of the year.”
The breakdown of total AuM across asset classes as of 30 June 2021 is: USD59 billion private equity (49 per cent), USD26 billion private debt (22 per cent), USD17 billion private real estate (15 per cent), and USD16 billion private infrastructure (14 per cent).
Read more/Source: Private Equity Wire
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