Zug, Switzerland-based global private markets investment manager Partners Group closed its latest fund, at €680m (approximately $886.3m).
Investors include a mix of new and prior investors from corporate and public pension plans, insurance companies and financial institutions from around the world.
Following 2006 and 2008 vintage programs, which had closed on over €400m and over €530m respectively, Partners Group Global Value 2011 operates worldwide to fund private investments including private equity transactions, secondary purchases, fund commitments and mezzanine financings.
The fund was already more than 50% committed to a range of private equity investments, diversified across geographic regions, industries and transaction types. Completed investments include:
- Global Blue, a global provider of travel-related financial services including tax-free shopping refund services, and
- SBF Group, a Brazilian sporting goods retailer.
Led by Dr. Stephan Schäli, Partner and Head of Private Equity, Partners Group has offices in San Francisco, New York, São Paulo, London, Guernsey, Paris, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney. The firm, which employs over 600 people, is listed on the SIX Swiss Exchange (symbol: PGHN).