Partners Group Reports Solid AuM Development in H1 and Reconfirms Full-Year Fundraising Guidance

Partners Group has announced robust financial performance in H1 2024 with USD 11.1 billion in new client commitments, boosting the firm's total assets under management (AuM) to USD 149.2 billion as of 30 June 2024.

The company invested USD 9.2 billion and realized USD 9.2 billion during this period, highlighting the resilience of their investment strategies amidst gradually improving market conditions. Despite slower than expected client conversion rates for traditional closed-ended funds, demand for bespoke private markets solutions surged.

CEO David Layton emphasized the firm's transition period and the importance of their transformational investing approach to generate sustainable returns. Partners Group remains optimistic, confirming its full-year fundraising target of USD 20-25 billion.

The firm continues to see strong structural tailwinds and growing client demand, particularly for tailored mandates and private markets solutions from individual investors. The leadership position built over 20 years in bespoke solutions is expected to drive future growth.