Partners Group Holding AG
SIX:PGHN

Watchlist Manager
Partners Group Holding AG Logo
Partners Group Holding AG
SIX:PGHN
Watchlist
Price: 1 018.5 CHF -1.12%
Market Cap: 27.2B CHF

Partners Group Holding AG
Investor Relations

Partners Group Holding AG emerges from the bustling heart of Baar, Switzerland, as a formidable presence in the realm of private markets. Founded in 1996 by a quartet of partners whose vision was to tap into the undercurrents of private equity, debt, real estate, and infrastructure, the company today navigates an impressive array of investments across the globe. With an asset management model that goes beyond mere conventional wisdom, Partners Group crafts a unique narrative by focusing on mid-cap companies, strategically leveraging their potential for growth and improvement. By amassing capital from institutional investors such as pension funds, insurance companies, and sovereign wealth funds, the firm harnesses these resources to make long-term investments aimed at transforming promising businesses into industry leaders.

At its core, Partners Group thrives on a deep-seated understanding of the private market's mechanisms. The firm, equipped with an astute team of over 1,500 professionals across 20 offices worldwide, ensures its investment portfolios are not just diverse but also strategically forward-looking. Its revenue streams primarily flow from management fees and performance-related gains. By meticulously managing assets and implementing operational enhancements, the company aligns its interest with those of its investors, fostering a culture of transparency and accountability. Through driving operational efficiencies and strategic growth initiatives, Partners Group transmutes potential into profit, establishing itself as a pivotal player in the ever-evolving landscape of global private markets.

Show more
Loading
PGHN
Swiss Market Index
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Sep 2, 2025
AI Summary
Q2 2025

Fundraising: Partners Group raised $12 billion in new assets in H1 2025, reflecting 10% year-on-year growth, with 74% of inflows coming from bespoke solutions.

Performance Fees: Performance fees surged 94% year-on-year and represented 27% of revenue. Guidance for 2025 performance fees as a percentage of revenues was raised to 25%-40%.

Revenue & Profit: Total revenue rose 20% to CHF 1.17 billion, while earnings increased 17% to CHF 733 million.

AUM Growth: Assets under management grew 17% year-on-year in USD terms, boosted by FX and the Empira acquisition.

Management Fees: Management fee margin remained stable at 1.23%, with management fees totaling CHF 854 million.

Profitability: EBITDA margin stood at about 63%, with a slight impact from FX and the Empira acquisition.

Guidance Reaffirmed: Full-year fundraising guidance of $22–27 billion was reaffirmed; performance fee guidance was raised.

Private Wealth & Evergreens: Private wealth/evergreen fundraising was resilient, though net flows in U.S. evergreen funds were roughly flat in H1. Underlying drivers for future growth are in place.

M&A & Strategy: The Empira acquisition contributed positively; further M&A related to real estate vertical integration is possible.

Key Financials
New Assets Raised
$12B
Management Fees
CHF 854M
Performance Fees as % of Revenue
27%
Revenue
CHF 1.17B
Earnings
CHF 733M
EBITDA Margin
62.7%
Management Fee Margin
1.23%
Recurring Management Fee Margin
1.16%
Profit
CHF 578M
Personnel Expenses (as % of Operating Costs)
86%
Tax Rate
18%
Available Liquidity
CHF 2.9B
Earnings Call Recording
Other Earnings Calls
2025
2023
2022

Management

Mr. Steffen Meister
Partner & Executive Chairman of the Board of Directors
No Bio Available
Mr. Juri Jenkner
Partner, President and Co-Head of Investments & Global Executive Board Member
No Bio Available
Mr. Joris Groflin Liebherr
Partner, Member of the Executive Team and the Global Executive Board & CFO
No Bio Available
Mr. Stefan Näf
Partner, Chairman of Clients, Co-Head Client Solutions Americas & Member of Global Executive Board
No Bio Available
Mr. Martin Scott
Partner, Head of AUS, Head of Sydney Office, Head of Client Sols for AUS & Global Exec. Board Member
No Bio Available
Mr. Roberto Cagnati
Partner, Chief Risk Officer, Head of Portfolio Solutions & Global Executive Board Member
No Bio Available
Dr. Stephan Schäli Ph.D.
Partner, Chief Investment Officer & Global Executive Board Member
No Bio Available
Mr. Christian W. Unger
Partner, Head of Operating Directors and Entrepreneurial Governance & Global Executive Board Member
No Bio Available
Dr. Raymond Schnidrig Ph.D.
Partner, CTO, Head of Technology & Member of the Global Executive Board
No Bio Available
Dr. Kevin Lu Ph.D.
Partner, Chairman of Asia, Head of Partners Group's Singapore Office & Global Executive Board Member
No Bio Available

Contacts

Address
ZUG
Baar
Zugerstrasse 57
Contacts