Partners Group closes $9bn-plus secondaries programme amid strong global demand

Switzerland-based private markets investor Partners Group has completed fundraising for its eighth private equity secondaries program, securing more than $9bn in total commitments across a mix of fund and co-investment vehicles, the firm said.

The programme is already around 60% deployed, with capital allocated into a diversified portfolio of secondary stakes sourced from high-quality general partners globally.

The investor base spans Europe, Asia-Pacific and the US, reflecting broad international demand for secondaries strategies. Roughly a third of new commitments came from outside Europe, with particularly strong participation from Asia-Pacific institutions, alongside meaningful commitments from Partners Group partners and employees.

The close follows an active deployment period for the firm’s secondaries platform, which invested more than $4bn over the past year across global opportunities. The strategy focuses on acquiring interests in mature private equity funds and building diversified exposure through a thematic investment approach.

Partners Group highlighted its long-standing presence in the secondaries market, noting that it has deployed around $40bn since entering the space in 1998. The firm said its prior secondaries programs have delivered top-quartile performance based on MSCI Burgiss data.

The broader private equity business at Partners Group manages $86bn in assets, while the firm as a whole oversees more than $185bn across private equity, credit, infrastructure, real estate and other private market strategies.