Partners Group Launches $1.5B Real Estate Secondaries Program

Key facts

• Partners Group has launched a new real estate secondaries program.
• The program has raised over $650 million in its initial closing.
• The total fundraising target for the program is $1.5 billion.
• The strategy focuses on acquiring income-generating properties.
• It aims to provide liquidity through GP-led and LP-led secondary transactions.
• Initial investments include stakes in global real estate funds across residential, industrial, and hospitality sectors.

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.