Partners Group has closed an infrastructure secondaries program at more than $5.5 billion, marking one of the largest dedicated fundraises for the strategy to date as investor demand for liquidity solutions in private markets continues to grow.

The Switzerland-based private markets firm said the program includes a $1.7 billion closed-end fund, alongside bespoke mandates and other co-investment vehicles. More than 70% of the committed capital came from new clients, with investors spanning Europe, the Americas, the Middle East and Asia-Pacific.

Key Highlights

• Deployment: About $2 billion invested over the past 12 months, with the program already more than 25% committed across 20 seed investments.
• Recent investments: Continuation vehicles for a global commercial aviation leasing portfolio and a U.K. rolling stock leasing platform.
• Track record: More than 70 infrastructure secondaries investments completed since 2006, generating fully realized returns of 18% net internal rate of return.

The latest close follows Partners Group’s recent more than $15 billion direct infrastructure fundraising, bringing its combined infrastructure fundraising across the two programs to more than $20 billion. The firm manages more than $186 billion in assets across private equity, private credit, infrastructure, real estate and other alternative investment strategies.

Photo: Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.