Private markets giant Partners Group generated strong fundraising last year, with its assets under management boosted by 4% to $152bn.
Most of that growth was driven by $22bn in new commitments, with 39% (or $8.4bn) coming from fundraising into evergreen products.
In the firm’s full year results to the end of December 2024, profits increased by 12% to CHF 1.1bn. Markets were encouraged by the better-than-consensus results, with shares in the Swiss-headquartered firm up 1.7% by 10.34 CET.