Partners Group targets smaller investors

11 October 2011
| By Chris Kennedy |

The local arm of the global private markets manager Partners Group has launched the Partners Group Global Value Fund (AUD), which it said will allow small-to-medium institutional and individual investors access to global private equity.

Equity Trustees has been appointed as the responsible entity for the fund, which features an open-ended structure with monthly liquidity. It will have separate unit classes for institutional and individual investors.

The fund invests wholly into the Partners Group Global Value SICAV, which has returned 17.3 per cent over the past four years with significantly less volatility than traditional equities, Partners Group stated.

The fund will invest in direct, primary and secondary private equity markets and provide exposure to around 2,000 portfolio companies on a look-through basis.

"Our strategy is to diversify over the years by buying historic vintages and mature portfolios to create a more stable cash flow," Partners Group head of private equity Stephen Schäli said.

"We also employ a dynamic asset allocation that allows us to take advantage of secondary opportunities during down cycles, where prices vary and the amount of sellers fluctuates too," he said.

Head of the Australian Partners Group operations Martin Scott said initial discussions had generated strong interest from high net worth investors, private banks and select dealer groups.

The launch follows Partners Group's recent expansion of its investment capability with the appointment of Scott Dingle from QIC, who will focus on private equity investments.

Partners Group said it will expand its distribution capabilities by searching for an additional client management resource for the institutional market, and will be reallocating existing resources to provide clients of financial advisers access to private equity markets.

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

10 months 2 weeks ago
Kevin Gorman

Super director remuneration ...

10 months 3 weeks ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

10 months 3 weeks ago

The central bank has served up a disappointment for punters on Melbourne Cup Day....

46 minutes ago

The fund’s inaugural chief retirement officer is looking to establish a new venture. ...

5 hours 32 minutes ago

The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update....

23 hours 36 minutes ago