Partners Group has formally dismissed recent market chatter suggesting potential new liquidity constraints or a halt on its evergreen funds. This clear statement aims to reassure investors and correct any misconceptions arising from what the firm describes as 'unfounded rumors.'
The two evergreen funds in question have demonstrated remarkable success, generating approximately five times the initial capital invested since their inception. In 2025, these funds continued to deliver strong results, with realizations reaching around 15%, a trend expected to persist into 2026.
The liquidity of these funds is further strengthened by consistent distributions from their underlying portfolio companies, amounting to roughly 15% in 2025 and 8% year-to-date in 2026. Additionally, access to undrawn credit facilities provides an extra layer of financial security, ensuring operational flexibility.
Despite industry-wide fluctuations, both evergreen funds remain fully operational and continue to actively engage in new investments. The firm confirmed that new subscriptions are still being accepted, underscoring its confidence in the ongoing viability and attractiveness of these vehicles.
Partners Group acknowledged the increased volatility experienced across the industry's open-ended evergreen fund flows, noting a shift from private credit to private equity. While its own private equity evergreen funds, offered through private wealth channels, have felt these dynamics, the firm's proactive communication aims to mitigate any investor concerns.
With an impressive portfolio exceeding $185 billion in assets under management worldwide, Partners Group is a significant player in global private markets. The firm's diverse investment programs and customized mandates span various asset classes, including private equity, private credit, infrastructure, real estate, royalties, and special opportunities.