Partners Group Reports 12% Rise in Annual Profit, Boosts Dividend

Partners Group, a Switzerland-based private markets investment firm, announced a 12% increase in profit to CHF 1.13 billion for the year 2024. This growth was driven by a 38% surge in performance fees, which reached CHF 511 million, fueled by improved exit activity in the second half of the year. Revenues rose by 10% to CHF 2.136 billion, with management fees contributing CHF 1.625 billion, despite adverse foreign exchange effects.

The Board proposed an 8% increase in the dividend to CHF 42.00 per share. EBITDA also saw a 10% rise to CHF 1.357 billion, maintaining a stable margin. Total operating costs grew moderately by 9%, reflecting higher performance fee-related personnel expenses. CEO David Layton highlighted increased client investments in North America as a significant growth driver.