Recent history (2021-present)
In 2021, Partners Group was selected by Malaysia's Employees Provident Fund to manage a substantial portion of its US$600 million Shariah Private Equity Direct/Co-Investment Fund - the largest of its kind in the world.[53] In September 2021, the firm announced that it had raised $15 billion for a private equity program.[54] At the time of the announcement, $6 billion of the total had been invested to acquire stakes in 17 companies.[54] Partners Group led a consortium in the biggest Swiss 2022 venture capital investment in cleantech company Climeworks, the world's largest direct air capture and storage plant.[55] Also in 2022, Partners Group invested USD 500 million in Budderfly, an energy-as-a-service company that provides energy efficient systems to businesses. The Connecticut-based energy company served 2,750 clients across the United States at the time of the investment.[56] In November 2022, Partners Group acquired EdgeCore for $1.2 billion, a Colorado-based data center owner and operator company.[57] In December, Partners Group announced that it was increasing its stake in the Swiss watchmaker, Breitling. It previously had a 23% stake in Breitling and would become the majority shareholder once the deal was completed. Breitling at the time was valued at USD 4.5 billion.[58] Co-founder of Partners Group, Alfred Gantner, also became President of Breitling's directorial board.[59] Breitling re-entered the list of top 10 Swiss brands after it posted its 2022 revenue figures.[60] Also in 2022, Partners Group bought U.S. heating, ventilation and air conditioning parts maker DiversiTech.[61] In the same year, Partners Group acquired Version 1, a digital transformation company from Dublin.[62]
On January 4, 2023, Partners Group announced that they had acquired SureWerx, a Canadian-American supplier of PPE, safety gear, and tools.[63] They acquired SureWerx from Riverside Partners.[64] In April, Partners Group continued its focus on decarbonisation, when it agreed to buy 7,000 credits generated by Climeworks’ direct air capture (DAC) facilities.[65] The firm entered into a partnership with Canadian-based Bank of Montreal (BMO) to launch a private assets fund for smaller investors. The fund is aimed at Canadian retail investors as well as smaller institutional clients.[66] In November 2023, Partners Group acquired ROSEN Group, an inspection and integrity management services provider for energy transmission pipelines, for an undisclosed amount.[67]
In early 2024, Partners Group announced that it was expanding its investments in the PBSA (purpose built student accommodation) real estate sector.[69] In March 2024, the firm added private markets royalties to its investment platform, launching the industry's first scalable multi-sector royalty strategy. The new offering would target a fast-growing addressable market, with royalties representing the fifth asset class on Partners Group's private markets platform.[70] During the same month, the investment firm launched its new corporate brand with new logo and slogan, 'Built Differently to Build Differently.' The new logo incorporates bricks into its design, underlining the firm's focus as a business builder.[71] In May, the firm announced it was expanding its ELTIF solutions with the launch of a private equity evergreen strategy.[72] The firm also expanded geographically during the same period, opening a new office in Hong Kong.[73]
In July of that year, it was announced Partners Group would be acquiring a majority share in the Portuguese biotech firm, FairJourney Biologics.[74] Prior to the deal, FairJourney had assisted drugmakers including Johnson & Johnson discover novel antibody treatments.[75] During the same month, it also closed its fifth private equity fund above its $15 billion target.[76] Also in July, the company announced it was set to acquire Eteck, a market-leading provider of sustainable decentralised heating and cooling solutions in the Netherlands.[77] In September 2024, Partners Group and BlackRock announced they had established a strategic partnership to launch a model portfolio solution streamlining retail wealth access to private equity, private credit, and real assets.[78] The first-of-its-kind offering will enable advisors to deliver a one-stop multi-private markets portfolio managed by two global asset managers
In October, Partners Group was named as the Best Liquid Alternatives Manager by Citywire Asia in its 2024 Asset Management Awards.[84] They were also part of a consortium which backed Australian startup Neara's $31 million Series C funding round.[85] Neara’s digital modeling technology enables utilities to adopt a more proactive approach to network optimization, with simulations that surface safety and reliability risks and identify the most effective remediation actions.[85] In November, Partners Group opened the doors to its new Zug campus. It will serve as the firm's global headquarters and comprises three interconnected buildings: The Foundry, The Factory and The Greenery.[86]
At the end of 2024, Partners Group announced a number of real estate and hospitality acquisitions. In November, they acquired a minority stake in the 5-star Standard Hotel in central London. They were part of a partnership deal with Trinity Investments and Oaktree Capital Management, which totalled £185 million.[87] Partners Group also acquired a majority stake in Spanish hotel group BLUESEA Hotels during the same month.[88] Partner Group also announced with a major acquisition for Empira, a residential real estate company with a portfolio valued at EUR 14 billion.[89] The private-markets firm announced it was expanding its growth equity strategy, targeting fast growing companies in the technology and healthcare sectors. The expansion follows on from the firm investing USD 2.5 billion in the space to date.[90] Partners Group also opened an infrastructure fund to Canadian investors through a partnership with iCapital.[91] It also sold its controlling stake in
By the start of 2025, fundraising for evergreens had overtaken traditional closed-ended funds, with evergreens raising $8 billion the previous year.[98][99] At the end of January Partners Group received approval from the UK financial services regulator to launch a long-term asset fund (LTAF).[100] In February 2024, Vishal Megamart raised $943m following its IPO with Partners Group exiting from the Indian tech startup, along with Kedaara Capital.[101] In March 2025, the private equity firm announced it was acquiring Australian-based GreenSquareDC, investing up to $AUD 1.2 billion (approximately $USD 759 million).[102] The datacentre company operates strategic locations in Sydney, Melbourne and Perth, with demand rising rapidly due to increased demand from generative AI and cloud usage.[103] Remaining with a focus on tech investments, during the same month Partners Group co-led a $140 million investment in
Partners Group published its annual results for 2024 in March 2025, with CEO David Layton stating the private equity firm aimed to triple its assets to $450 billion by 2033.[106] They concluded the month announcing a partnership with Lincoln Financial, with Lincoln offering private-market funds to individual investors via its 60,000 financial advisers.[107] They also sold their stake in Greenlink for €1bn,[108] and acquired California-based Middle River Power for $2.2 billion.[109][110] In May, the firm launched an evergreen royalties fund for individuals in Asia, Europe, and the Middle East. It aims for a 10% net return, investing in a diverse range of sectors including pharmaceuticals, energy transition, and sports.[111] After developing one of the first private equity funds specifically tailored for 401(k)s in 2015, Partners Group continued to lobby government officials to support the inclusion of private equity in retirement savings in 2025.
In September 2025, Deutsche Bank launched private markets fund for private clients in partnership with DWS Group and Partners Group.[118]
In February 2026, Partners Group announced the sale of Atnorth.[119]
