Partners Group received $16bn (£11.9bn) in new client commitments during the first half of 2026, as demand for its private markets strategies reached a record level.
The fundraising total was up from $12bn during the same period last year and took the firm’s assets under management to $186bn as of 30 June 2026, compared with $174bn a year earlier.
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Partners Group maintained its full-year fundraising guidance of between $26bn and $32bn. Bespoke client solutions were the largest source of new capital during the period, accounting for 52 per cent of assets raised. Mandates and evergreen funds contributed 26 per cent each, while traditional closed-ended programmes accounted for 48 per cent of fundraising.
The group’s evergreen strategies attracted $4.2bn of gross commitments during the half-year. However, net inflows were only modestly positive after clients withdrew $3.8bn. Almost four-fifths of these redemptions came from three mature evergreen strategies.
Partners Group invested $9bn across private markets during the period, in line with the first half of 2025, and generated $9bn in realisations.
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“Within our portfolio, we see mostly solid performance, though with some challenges concentrated amongst select assets and vintages,” said David Layton, partner and chief executive of Partners Group.
“As a whole, our platform shows significant upside potential with sustained value creation in our investment portfolio and attractive growth across our existing and nascent strategies.”
Other firms also reported significant commitments in the first half of the year. Barings announced in May that it had secured more than $19bn (£14.2bn) over a two-year fundraising period for its global direct lending strategy. Meanwhile, more than $16bn was raised by Churchill Asset Management in January for its most recent senior lending programme.
