Press release
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Partners Group REALIZING POTENTIAL IN PRIVATE MARKETS Press release Baar - Zug , Switzerland ; 14 January 2021 Partners Group reports solid AuM growth in 2020 despite COVID - 19 and provides confident business outlook for 2021 • Client demand of USD 16 billion in 2020 • Total AuM stands at USD 109 billion as of 31 December 2020 • Total of USD 9 billion invested across private markets asset classes in 2020 • Significant pipeline of investment opportunities • Expected gross client demand of USD 16 to 20 billion for 2021 Partners Group , the global private markets investment manager , received USD 16.0 billion in new commitments from its global client base in the twelve - month period ending on 31 December 2020 ( 2019 : USD 16.5 billion ) . The firm's total AuM increased to USD 109.1 billion as of 31 December 2020 ( 31 December 2019 : USD 94.1 billion ) , representing net underlying AuM growth of 11 % , excluding foreign exchange effects ( including foreign exchange effects : 16 % ) . Partners Group's investment activity slowed over the same period due to the market disruptions triggered by COVID - 19 and the firm invested a total of USD 8.6 billion ( 2019 : USD 14.8 billion ) on behalf of its clients across all private markets asset classes , with the majority of these investments undertaken in Q1 and Q4 . Going into 2021 , the firm has a robust investment pipeline . AuM development in 2020 Partners Group received USD 16.0 billion ( full - year guidance : USD 12 to 15 billion ) in new commitments across all private markets asset classes and program types in the twelve - month period ending 31 December 2020. Forty - two percent of total inflows stemmed from traditional closed - ended private markets programs , and 58 % of client demand derived from bespoke single- and multi - asset class private markets solutions , including mandates and evergreen programs . Tail - down effects from mature private markets investment programs amounted to USD -6.2 billion and redemptions from evergreen programs to USD -2.0 billion ( full - year guidance for tail - downs and redemptions : USD -7.5 to -9.0 billion ) . Despite COVID - 19 , inflows to evergreen programs have exceeded redemptions by USD 1.7 billion , making them a net contributor to AuM growth . Although the firm's private markets portfolio experienced some degree of volatility in the first half of 2020 , its investment strategy provided stability and facilitated a swift return to growth in the second half of the year . As a result , performance - related effects from a select number of investment programs Partners Group Holding AG Zugerstrasse 57 6341 Baar - Zug , Switzerland T +41 41 784 60 00 partnersgroup@partnersgroup.com www.partnersgroup.com