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Partners Group First-Half Client Managed Assets Increase 5.9%
Client funds increased to 30.3 billion euros ($40 billion) on June 30, from 28.6 billion euros six months earlier, the Zug, Switzerland-based company said today in a statement. Partners Group expects to meet its annual target of 4 billion to 6 billion euros of net new money after first-half client demand of 2.2 billion euros, the firm said.
Partners Group rose 28 percent this year compared with a 15 percent advance in the Stoxx 600 Financial Services Index. The firm, which has about two-thirds of its investments in private equity and the rest in real estate, corporate debt and infrastructure, is targeting growth in the Americas to help reach a goal of 50 billion euros in assets under management.
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