Partners Group Stock News

Performance income dropped 39% in the first half of the year and the Swiss private-equity group named new co-chief executives.

Swiss private ​equity heavyweight Partners Group ‌reported a net half-year profit of 502 million Swiss ​francs ($620 million) on Tuesday, down 13% ​year-on-year, following turmoil around its open-ended ⁠funds that hit shares.

Exclusive talks are underway with Eurazeo about a majority stake in France's Aroma-Zone, which sells beauty and wellness products.

Swiss asset manager Partners Group's net new money figures should shed light on investor confidence in the private equity industry on ​Wednesday after market close, weeks after it capped withdrawals from an ‌open-ended fund, sending its shares plunging.

Bank favours Bridgepoint and CVC while flagging downside risk to EQT earnings ahead of results. Citi has reiterated its caution on European alternative asset managers, warning that a recovery in private markets could stall over the next 6 to 12 months.

Institutional investors are looking more closely at private market investments after recent turbulence at firms such as Partners Group, ​Swiss pension fund consultants said.

CHICAGO--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Mechanical Service & Systems (“MSS” or the “Company”), a regional leader in mechanical services and installation, on its sale to PremiStar, a provider of commercial and industrial HVAC, plumbing and building automation services. PremiStar is a portfolio company of Partners Group, a glo...