Partners Group Raises $1.1 Billion for Asia-Pacific Fund

Swiss alternative assets manager Partners Group has raised US$1.1bn for its Asia-Pacific program.

The fundraising surpassed the US$1bn target set.

Partners said that the programme will combine investing in primary funds with secondary transactions and direct investments alongside local partners.

Partners said the Asia-Pacific region has high barriers to entry for investors but through its presence on the ground in the region, Partners has four offices in Asia, it can take advantage of the opportunities arising in this market.

“The anticipated growth in emerging Asia offers compelling opportunities for buyouts and growth investments striving to improve margins and achieve high organic growth rates. Entry multiples have started to lower gradually across the region due to the credit crisis, investments have become cheaper as the currencies have depreciated and small and medium size enterprises are increasingly opening up to private equity financing as banks have tightened lending standards. Going forward, we see high potential especially in those industries less exposed to global trade and more reliant on domestic, internal demand,” commented Philipp Gysler, head of Asia for Partners, in a statement.

Source: Thomson Merger News