Partners Group Invests $1.2B in Infra Secondaries, a 70% YOY Increase

Partners Group announced that it hit a record high in total investments in infrastructure secondaries, with $1.2B invested on behalf of clients in the last 12 months through the end of the third quarter.

The global private markets investor said the amount represented a 70% increase from the $700M in infrastructure secondary investments logged during the same period from 2022 to 2023. This year, Partners Group said it has also completed 13 investments facilitated by its infrastructure partnerships team.

“The infrastructure secondaries market has gained significant momentum, reflecting the expansion of the infrastructure asset class and its increasing maturity,” the company said in a statement. “At the same time, more LPs are shifting from building up infrastructure allocations to managing portfolios, turning to the secondary market for liquidity and to adjust exposure.”

As of September 30, Partners Group said it has closed a total of 55 investments in the secondary market, including mobilizing approximately $3.3B in capital. The firm’s global infrastructure platform accounts for $26B in assets out of an aggregate AUM of approximately $150B.

Source: https://www.partnersgroup.com/en/news-and-views/press-releases/investment-news/detail?news_id=0882f377-f8df-4d8b-b2ab-5a2e1a772269