Partners Group Holds Final Closing for its
Dedicated Asian Fund
Zug-Baar, April 24th, 2006 - Partners
Group, the Swiss based global alternative asset manager,
held the final closing for its Asian private equity fund,
Partners Group Asia-Pacific 2005. Client demand significantly
exceeded the cap of USD 375m and requested allocations had
to be reduced accordingly. Partners Group Asia-Pacific 2005
provides investors with access to leading private equity
funds across the Asian region. In addition, the fund can
make secondary investments in existing limited partnerships
and direct investments in select operating companies, typically
alongside general partners. The fund expects to invest approximately
60% of its assets in mature Asian economies (Japan, Korea,
South-East Asia, Australia) and 40% in the rapidly growing
markets such as Greater China and India.
Partners Group Asia-Pacific 2005 will
focus on buyout investments but will also consider expansion
and growth capital opportunities serving the rapidly growing
consumer markets in Asia. Among the limited partners participating
in the fund were insurance companies, family offices, pension
plans and state organizations from the US, Europe and Asia.
The fund has already committed USD 142m, including 13 fund
and direct investments.
“We are honored by the trust global
institutional investors have placed in Partners Group. The
strong interest in the fund validates the investment focus
on the rapidly growing Asian market. The investment opportunities
in the Asia-Pacific region offer unique return potential.
Buyout and expansion capital transactions are very attractive
as Asian deals feature lower entry multiples than in Europe
and the US, combined with very strong growth rates”,
said Urs Wietlisbach, Executive Vice Chairman of Partners
Group.
Partners Group expands Singapore
presence
The close of Partners Group Asia-Pacific
2005 coincides with the expansion of Partners Group’s
Singapore office. To accommodate the rapid growth of its
Asian business, Partners Group has moved to larger premises
and increased its local staff.
The new address is:
Partners Group
(Alternative Investments
Asia-Pacific) Pte Ltd.
3 Church Street #28-06
Singapore 049483
T: +65 6544 6565
F: +65 6544 6566
About Partners Group
Partners Group is a global alternative
asset management firm with approximately CHF 11 billion
in private equity, private debt and hedge fund investment
programs under management. The firm manages a broad range
of funds, structured products and customized portfolios
for an international clientele of institutional investors,
private banks and distribution partners. Partners Group
is headquartered in Zug, Switzerland and has offices in
New York, London, Singapore and Guernsey. The firm employs
over 140 people and is majority owned by its 29 partners
& principals and its employees.
For further information, please contact:
Christoph Rubeli
Partner
Phone#: +41 41 768 85 21
e-mail: christoph.rubeli@partnersgroup.net
or
Dr. Cyrill Wipfli
Vice President
Phone#: +41 41 768 85 71
e-mail: cyrill.wipfli@partnersgroup.net
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