Partners Group caps withdrawals at evergreen fund

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Partners Group caps withdrawals at evergreen fund

privateequitywire

4 weeks ago

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Swiss alternative asset manager Partners Group has introduced limits on investor withdrawals from one of its flagship evergreen private equity funds after a surge in redemption requests highlighted growing stress across private markets, according to a report by Bloomberg.
The firm said its $8.6bn Global Value SICAV fund will cap redemptions at 5% of net asset value per quarter, following withdrawal requests that climbed to roughly 9.8% in the second quarter. The move reflects increasing liquidit...

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