Partners Group, the global private markets investment manager, has reached its target after raising €2 billion ($2.3 billion) for its third dedicated private real estate secondaries program. The capital was raised across Europe, Latin America and Asia.
Partners Group’s private real estate secondaries program aims to capitalize on the firm’s global network to source and acquire high-quality property portfolios and single real estate assets, with an overweight on mature real estate assets in need of more time and capital to realize their value creation potential. In particular, Partners Group will seek opportunities to provide tailored asset and portfolio liquidity solutions to operators, developers and third-party investors in order to support asset-level business plans, or to structure fund recapitalizations due to an upcoming fund or debt maturity.
Marc Weiss, partner and co-head of private real estate for Partners Group, said, “We have seen strong demand from