Global private markets investment manager Partners Group is in discussions with its founding partners and largest shareholders, Dr. Marcel Erni, Alfred Gantner and Urs Wietlisbach, regarding a proposal by which they will seek to collectively invest CHF300 million ($318.2 million) in programs with direct investment content alongside the firm’s clients. The founding partners’ investments would be funded through a potential placement of a minority portion of their total shareholdings in the company, amounting to approximately 1.6 million shares (approximately 6 percent of the share capital).
Partners Group, the global private markets investment manager, is in discussions with its founding partners and largest shareholders, Dr. Marcel Erni, Alfred Gantner and Urs Wietlisbach, regarding a proposal by which they will seek to collectively invest CHF 300 million in programs with direct investment content alongside the firm’s clients. The founding partners’ investments would be funded through a potential placement of a minority portion of their total shareholdings in the company, amounting to approximately 1.6 million shares (approximately 6% of the share capital), with the resulting expected proceeds of around CHF 300 million earmarked for such investments. The founders may consider increasing their placement beyond their investment commitments alongside clients but will under no circumstances sell more than 4% of Partners Group’s total share capital each.
In combination with the strong development of assets under management during the past years, the growth in the firm’s direct investment activities has led to expectations of increased commitments alongside clients. With the firm seeking to maintain its lean and asset-light balance sheet, the substantial commitment by the founders, along with further commitments expected from other senior management, is designed to address client interests while remaining consistent with the firm’s current policy with regards to balance sheet management.
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Some of the information in these materials contains projections or other forward-looking statements regarding future events or the future financial performance of Partners Group, including without limitation analyst forecasts. You can identify forward looking statements by terms such as “expect”, “believe”, “anticipate”, “estimate”, “intend”, “will”, “could,” “may” or “might”, the negative of such terms or other similar expressions. Such statements and projections are only predictions and actual events or results may differ materially. Partners Group does not intend to update these statements and projections to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Partners Group, including, among others, general economic conditions, the competitive environment, rapid technological and market change in the industry in which Partners Group operates, as well as many other risks specifically related to Partners Group and its operations.
The information contained in this announcement does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of any securities of Partners Group in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.
These materials are not an offer for sale of securities in the United States. Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. Partners Group does not intend to register any part of the offering in the United States or to conduct a public offering of Shares in the United States.
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