Partners Group's Evergreen Fund Reaches EUR 2 Billion

Partners Group's private credit evergreen fund has surpassed EUR 2 billion. This growth highlights increasing investor interest in evergreen funds, drawn by their immediate portfolio exposure and limited liquidity features. These funds avoid future capital calls, making them appealing to both institutional and private wealth investors.

The fund, one of the largest in Luxembourg, follows a global direct lending strategy. It comprises over 140 senior secured loans, investing across markets in the US, Europe, and Asia Pacific. In the past year, the fund achieved a 9% net return, continuing a trend of strong performance since its launch in 2016.

Key recent investments include the Dutch property maintenance provider, Elk; French health insurance broker, Santiane; and US access security provider, Cobalt. Partners Group's approach focuses on resilient industries, aiming to partner with companies poised for growth.