Partners Group has launched a new real estate secondaries program with an initial closing of over $650 million, targeting a total of $1.5 billion. The program aims to provide liquidity to GPs and LPs by acquiring income-generating properties across residential, industrial, and hospitality sectors.
The launch of this significant real estate secondaries program by Partners Group highlights continued investor appetite for alternative assets and the firm's strategic positioning to capitalize on market opportunities for liquidity and attractive entry points in the current real estate environment.
Partners Group has successfully raised over $650 million in its initial closing for a new real estate secondaries program, with a total fundraising target of $1.5 billion. This initiative aims to provide liquidity solutions in the real estate market by acquiring high-quality, income-generating properties.
The program offers investors exposure through a closed-end fund, bespoke mandates, and co-investment vehicles. It is designed to facilitate both GP-led and LP-led secondary transactions, as well as other customized solutions, addressing the current market environment characterized by reduced transaction volumes and challenging fundraising.
Partners Group has already seeded the program with LP-led secondary interests in three global real estate funds holding substantial stakes in the residential, industrial, and hospitality sectors, identified as benefiting from enduring structural tailwinds. The firm has a strong track record in real estate secondaries, having invested over $6 billion across more than 120 transactions since 2008.