Partners Group

What they do

Partners Group is a private markets firm founded in 1996 whose holding company, Partners Group Holding AG, has been listed on SIX, the Swiss stock exchange, since 2006. It invests across five asset classes: private equity, infrastructure, real estate, private credit and royalties. The firm reports $186bn of total assets under management, more than $270bn invested since 1996, more than 800 institutional clients and around 2,000 employees, more than 500 of them investment professionals. Money arrives from public and corporate pension funds, sovereign wealth funds, insurers, banks and asset managers through closed-end programmes and mandates, and from individual investors through evergreen funds. The private credit funds back companies the firm can partner with through transformation and growth, underwritten from what it calls an asset owner's perspective. Partners Group sits above this market: it publishes no minimum loan, and its recent credit news runs to a €300m financing package and a $1bn private credit mandate, so nothing it shows is sized for a £3m to £15m raise.

Who they lend to

Partners Group sets out no borrower criteria for its private credit funds. It says they seek companies they can partner with to support business transformation and growth, and that each debt opportunity is judged as an owner of the asset would judge it. The private equity side works in four industry verticals, technology, health and life, goods and products, and services, plus high-growth opportunities outside them, targeting established businesses in high-conviction sub-sectors. Recent credit news involves large borrowers: a €300m package for MDT technologies and an exit from Gong cha, which it calls one of the world's fastest-growing global tea brands. The firm operates globally, opening a Stockholm office for the Nordics in September 2026 and planning an office in Kuwait. In the UK its investment news lists £260m put into a next-generation rolling stock leasing platform. No turnover, EBITDA or facility floor is published.

How they structure a facility

The one sized financing on its recent news pages is the €300m package for MDT technologies in September 2026. Its credit description rests on fundamental underwriting and active credit selection rather than a product menu. On the investor side the firm packages credit into closed-end limited partnership and SICAR programmes, institutional mandates that can combine equity and debt instruments, and evergreen vehicles such as Partners Group Private Loans SICAV; in October 2026 it added a global multi-sector private credit income strategy. Client portfolios are built from individual transactions independent of fundraising cycles, supported by over 50 dedicated portfolio managers, and a pro-rata allocation policy gives individual investors the same opportunities as institutions. No margin, tenor, leverage, amortisation, covenant, security or guarantee position is published for its private credit.

How a deal reaches them

Sourcing at Partners Group is thematic: more than 500 investment professionals identify transformative trends across sectors and invest in companies and assets with strong development potential, supported by over 200 operating directors and industry advisers. Investment Committees carry the decisions, and a board-level Investment Oversight Committee advises them on the quality and consistency of their decision processes and the risks incurred. The contact form on its wealth pages is addressed to advisers bringing private markets to their clients, and the site footer carries a fraud prevention notice. No route for a company to apply for credit is published, and neither is a decision timetable, an information list or a UK origination contact.

Where they fit in a lower-mid-market raise

Partners Group shows a £3m to £15m borrower where private credit sits inside an integrated private markets house. Its credit team works beside private equity, infrastructure, real estate and royalties teams and says it views each loan from an owner's perspective, so the credit question turns on whether the business can be transformed and grown. Lower-mid-market funds with an equity heritage apply a version of that test to far smaller companies. The funding mix is the second point of comparison. Partners Group raises credit money through closed-end programmes, institutional mandates and evergreen funds for individual investors, and in June 2026 it issued a statement regarding its evergreen vehicles. The source and stability of the money behind a loan separate direct lenders at every size, and Partners Group's own disclosures show how a large credit house describes that mix to its investors. None of its published activity is pitched at a raise of this size.

Where they are not the fit

The financings Partners Group publishes dwarf a £3m to £15m raise, and the firm gives no minimum, no facility range and no route in for a borrower of that size. Owner-managers wanting a quick, transactional term loan also fall outside its stated approach of thematic sourcing and partnership around transformation and growth. A borrower that needs published terms to compare has nothing to work with, since no pricing, tenor, covenant or security position appears. Its UK investment news, a £260m commitment to a rolling stock leasing platform, says nothing about appetite for smaller UK credits.

Recent activity on the public record

In October 2026, Partners Group launched a global multi-sector private credit income strategy. In September 2026, it provided a €300m financing package for MDT technologies and opened a Stockholm office as it increases its long-term commitment to the Nordics. In August 2026, it closed a $1bn private credit mandate in Asia, and announced that its private credit strategy would exit Gong cha, the tea brand. In June 2026, it issued a statement regarding its evergreen vehicles. In May 2026, it published a perspective titled The Golden Age of Private Credit Selection.

This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.