Partners Group Reaffirms 2026 Net AUM Growth Target Despite Elevated Redemption Requests
The Switzerland-based private markets manager reaffirmed its 2026 targets after shares fell nearly 17% on news of elevated redemption requests in open-ended products.
BenzingaPartners Group Holding AG said it still expects net assets under management to rise in 2026 even after investor withdrawal requests exceeded 5% of net asset value in some open-ended private equity products. The company set its 2026 target for gross inflows from new clients at $26 billion to $32 billion.
Management stated the outlook rests on a sizable pipeline that includes bespoke mandates, evergreen strategies and closed-end funds.
Shares of Partners Group fell nearly 17% the day before the announcement. The decline followed reports that redemptions in certain open-ended products had crossed the 5% threshold. The press release, dated 2026-06-04, addressed liquidity concerns directly.
For the first half of 2026, Partners Group expects subscriptions into its evergreen lineup to exceed redemptions. In the second half of 2026, the firm projects that net AUM growth could face a 1% to 2% reduction tied to the evergreen platform. It anticipates a comparable 1% to 2% drag on net AUM growth in 2027 from the same source.
Partners Group Holding AG is a Switzerland-based private markets manager. Its shares trade on the OTCH under the ticker PGPHF.
