After triggering private equity rout, Partners Group cautions it could cap more fund withdrawals

TL;DR

Partners Group Likely to Cap Flagship US Evergreen Fund Partners Group Warns Evergreen Funds Will Slow Assets Under Management Growth Partners Group prepares to cap withdrawals at US fund for wealthy individuals Partners Group stock rebounds after Wednesday’s sharp drop Partners Group is prepared to restrict investor withdrawals across more of its funds, the Swiss private markets giant said Thursday, after capping redemptions in one of its European vehicles following a surge in exit requests. The Zurich-listed fund manager warned that the spike in client withdrawals that upended private credit markets this year now appears to be spilling over into the private equity space. On Wednesday, Partners Group said it was halting withdrawals from its Global Value SICAV vehicle at 5%, after redemption requests hit 9.8%.