EQS-Adhoc : Partners Group reports total AuM of USD 119 billion as of 30 June 2021

EQS Group-Ad-hoc: Partners Group / Key word(s): Miscellaneous 
Partners Group reports total AuM of USD 119 billion as of 30 June 2021 
15-Jul-2021 / 17:46 CET/CEST 
Release of an ad hoc announcement pursuant to Art. 53 LR 
The issuer is solely responsible for the content of this announcement. 
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Baar-Zug, Switzerland; 15 July 2021 | Ad hoc announcement pursuant to Art. 53 Listing Rules (LR) 
  . Client demand of USD 12 billion in H1 2021 
  . USD 13 billion committed to investments in H1 2021 
  . Expected full-year 2021 gross client demand of USD 19 to 22 billion 
Partners Group, a leading global private markets firm, received USD 12.1 billion in new commitments from its global 
client base in H1 2021 (H1 2020: USD 8.3 billion), bringing the firm's total AuM to USD 118.9 billion as of 30 June 
2021 (31 December 2020: USD 109.1 billion). During the same period, the firm committed USD 13.1 billion to 
transformational investing across private markets asset classes globally. 
David Layton, Partner and Chief Executive Officer, comments: "We entered 2021 with advanced investment and client 
demand pipelines as markets recovered momentum and investors regained confidence. As our H1 figures show, we have 
successfully transacted on this investment pipeline, although we have exercised high selectivity and discipline on 
pricing as valuations for good businesses remain peaky. On the client side, we have also been able to convert demand 
into meaningful AuM growth, which we believe speaks to continued investor confidence in the strength of our private 
markets platform. Looking ahead, our Thematic Investing theses about which sub-sectors stand to benefit from 
transformative trends have been bolstered and we have strong conviction in our continued ability to identify the 
associated companies and assets best positioned for future growth. As a result, our investment and client demand 
pipelines remain robust as we move into the second half of the year." 
Client demand remains broad-based 
Client demand for Partners Group's offerings was well-diversified in H1 2021, with strong inflows across the entire 
platform. Partners Group's bespoke client solutions were the largest overall contributors to assets raised, accounting 
for 64% of client demand compared to 36% for more traditional closed-ended private markets programs. Bespoke client 
solutions include single- and multi-asset class private markets mandates and evergreen programs, which cater to 
investor appetite for tailored private markets solutions and private markets funds with limited liquidity features. 
Sarah Brewer, Partner and Co-Head Client Solutions, adds: "Growing numbers of clients appreciate the flexibility of 
choice presented by our range of non-traditional private markets offerings. We believe our ability to tailor access to 
private markets, and to create and actively manage bespoke programs that match different clients' targets, remains 
unparalleled in the industry. Today, these tailored and non-traditional solutions account for 65% of our total assets 
under management." 
Fundraising was diversified across the four private markets asset classes in H1 2021, with private equity the largest 
overall contributor. Private equity client demand was seen across the entire suite of the firm's traditional and 
bespoke client solutions offerings. On the traditional offerings side, fundraising was supported by demand for the 
firm's fourth buyout program, which is approaching its final close. On the bespoke client solutions side, alongside the 
strong growth of mandates and other open-ended funds, the firm's flagship US evergreen fund was a key contributor to 
private equity fundraising, recording its highest ever inflows during the six-month period. 
AuM growth in the first half of the year was further supported by continued performance across Partners Group's private 
markets portfolios, which led to a positive contribution of USD 3.3 billion from a select number of investment programs 
which link AuM to NAV-development[1]. Tail-down effects from mature private markets investment programs amounted to USD 
-2.9 billion and redemptions from evergreen programs to USD -1.0 billion. Foreign exchange effects impacted underlying 
AuM growth by USD -1.6 billion, in particular the weakening of the Euro against the US Dollar. Overall, this resulted 
in net AuM growth of USD 9.8 billion during the period. 
The breakdown of total AuM across asset classes as of 30 June 2021 is: USD 59 billion private equity (49%), USD 26 
billion private debt (22%), USD 17 billion private real estate (15%), and USD 16 billion private infrastructure (14%). 
Strong investment activity due to advanced pipeline of assets [2] 
On the back of an attractive investment pipeline generated by its Thematic Investing approach, Partners Group committed 
USD 13.1 billion to transformational investing across all private markets asset classes in H1 2021. 
The US was the most active region for Partners Group's investment business during H1 2021, accounting for 55% of all 
investment commitments vs. 32% in Europe and 13% in Asia-Pacific / Rest of World. Examples of US investments transacted 
during the period include Axia Women's Health, a leading provider of women's healthcare services that is 
well-positioned to expand within the growing women's health industry; Idera, a leading global provider of software 
solutions that enable its customers to navigate the digital transition; and Dimension Renewable Energy, a community 
solar and battery storage platform that supports the low-carbon transition. 
Exits pave the way for record distributions 
Supported by solid demand for quality assets and a benign exit environment, Partners Group also agreed the sales of a 
number of mature private markets assets on behalf of its clients in H1 2021, leading to a total of USD 10.5 billion in 
underlying portfolio distributions (H1 2020: USD 5.7 billion). Taking into consideration exits signed in H1 that are 
expected to close in H2, the firm is on track for a record year in terms of underlying portfolio distributions, with at 
least an incremental USD 5 billion in distributions anticipated in the second half of the year. One high-profile exit 
that closed after H1 is Partners Group's sale of leading US digital engineering services company GlobalLogic for an 
enterprise value of USD 9.5 billion. Other signed divestments include the sale of a large-scale, US-based portfolio of 
industrial real estate with a combined leasable area of 8.6 million square feet. 
Guidance on gross client demand for full-year 2021 raised to USD 19 to 22 billion 
Given the robustness of client demand in H1, Partners Group has increased its guidance for the anticipated bandwidth of 
gross client commitments for the full-year 2021 to USD 19 to 22 billion from USD 16 to 20 billion. Partners Group's 
full-year estimates of tail-down effects from the more mature closed-ended investment programs and redemptions from 
evergreen programs have not changed and amount to around USD -9.5 billion. 
Conference call today 
Partners Group's senior management will hold a conference call today at 6:15pm CEST. To register for the call, please 
click here or use the contact details at the end of this press release. 
Key dates 2021 
7 September 2021 Interim results and Interim Report as of 30 June 2021 ----------------------------------------------------------------------------------------------------------------------- 

[1] Partners Group reports fee-paying AuM. Most of the firm's evergreen programs base fees on NAV. The portfolio performance during the period impacts the NAV of these products and this translates to a corresponding change in firm-level AuM.

[2] Whether or not explicitly mentioned in the text, all Partners Group investments mentioned were made on behalf of the firm's

clients, not on behalf of Partners Group Holding AG or any of its affiliates

About Partners Group Partners Group is a leading global private markets firm. Since 1996, the firm has invested over USD 150 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. Partners Group seeks to generate strong returns through capitalizing on thematic growth trends and transforming attractive businesses and assets into market leaders. The firm is a committed, responsible investor and aims to create sustainable returns with lasting, positive impact for all its stakeholders. With USD 119 billion in assets under management as of 30 June 2021, Partners Group provides an innovative range of bespoke client solutions to institutional investors, sovereign wealth funds, family offices and private individuals globally. The firm employs more than 1,500 diverse professionals across 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the SIX Swiss Exchange since 2006 (symbol: PGHN). For more information, please visit www.partnersgroup.com or follow us on LinkedIn or Twitter.

Shareholder relations contact Philip Sauer Phone: [phone] Email: [e-mail]

Media relations contact Jenny Blinch Phone: [phone] Email: [e-mail] ----------------------------------------------------------------------------------------------------------------------- End of ad hoc announcement -----------------------------------------------------------------------------------------------------------------------

Language:     English 
Company:      Partners Group 
              Zugerstrasse 57 
              6341 Baar 
              Switzerland 
Phone:        [phone] 
Fax:          + 41 41 784 60 01 
E-mail:       [e-mail] 
Internet:     https://www.partnersgroup.com/en/ 
ISIN:         CH0024608827 
Valor:        2460882 
Listed:       SIX Swiss Exchange 
EQS News ID:  1219423 
 
End of Announcement EQS Group News Service 
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July 15, 2021 11:46 ET (15:46 GMT)