For over 20 years, Switzerland-headquartered Partners Group has been striking investment deals on behalf of private investors, now it feels the time is right to create a Private Wealth unit.
The Zug-based firm began activities in 2001 by offering bespoke solutions to individual investors.
Since then, its AUM for this segment of the investor universe has grown to $37 bn (€37 bn), nearly one-third of the company’s $131 bn total AUM, helped by relations with channels such as banks, wealth managers, financial advisors, and Registered Investment Advisors (RIAs).
David Layton, partner and CEO, said: ‘By carving out Private Wealth from our institutional investor activities, we are emphasizing these clients' differentiated needs and further cementing our leadership position for the future.’
The new unit will be led by Robert Collins, partner, and Christian Wicklein, MD, who will cover the Americas and Europe & Asia-Pacific respectively.
Wicklein said: ‘Individual investors are increasingly looking to gain exposure to the growing portion of the real economy that can only be accessed through private markets.’
Some of its most recent milestones include launching the first private market solution for Defined Contribution (DC) schemes in the US, UK, and Australia in 2015. In 2017, the comany launched the first private equity European Long Term Investment Fund (ELTIF) accessible by individual investors.
