Partners Group, Mizuho Financial Group and Mizuho Trust & Banking Co have signed a business alliance agreement that Mizuho Trust and Partners Group will jointly develop and distribute certain global private equity and infrastructure products in the pension market in Japan. The agreement marks Mizuho Trust’s first collaboration with a global private markets firm and will enable Mizuho Trust to offer global private markets investment products to its client base of Japanese pension funds for the first time.
Partners Group, the global private markets manager, Mizuho Financial Group, Inc. (MFG), one of Japan’s largest financial holding companies, and Mizuho Trust & Banking Co., Ltd. (Mizuho Trust), MFG’s subsidiary providing services including pension trust and asset management, have signed a business alliance agreement that Mizuho Trust and Partners Group will jointly develop and distribute certain global private equity and infrastructure products in the pension market in Japan.
The agreement, which was signed on 9 January 2014, marks Mizuho Trust’s first collaboration with a global private markets firm and will enable Mizuho Trust to offer global private markets investment products to its client base of Japanese pension funds for the first time. Partners Group was chosen as Mizuho Trust’s partner for this important investment management responsibility due to its successful track record of investment, global reach and established multi-asset class platform in private markets.
Under the terms of the agreement, MFG and Mizuho Trust will have select distribution rights for Partners Group’s integrated global private equity and infrastructure funds. Additionally, Mizuho Trust and Partners Group will explore opportunities for further collaboration and potential product development, in order to better meet the increasing demand from Japan’s institutional investors for access to global private market investments.
Steffen Meister, Partner and Chairman of the Business Development Committee of Partners Group Holding’s Board of Directors, comments: “We are very excited to partner with Mizuho Financial Group, one of Japan’s most respected and best-known financial institutions, in order to meet the growing demand for private equity and infrastructure investment opportunities seen from the country’s pension funds. Together we form a strong team and we look forward to building on this business relationship to establish a successful suite of private markets products.”
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 30 billion in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, New York, São Paulo, London, Guernsey, Paris, Luxembourg, Milan, Munich, Dubai, Singapore, Shanghai, Seoul, Tokyo and Sydney. The firm employs over 700 people, is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of over CHF 6 billion and a major ownership by its partners and employees.