Partners Group tumbles as redemptions force fund cap, hits peers

Bridgepoint

03/06/2026 11:16

Adds company comment, peers, analyst quote, update shares
** Partners Group PGHN.S falls 18% to an over six-year low after the Swiss group caps withdrawals from an $8.6 billion private equity fund amid elevated redemption pressure
** Net redemption requests at the Global Value SICAV fund exceeded 5% of NAV in the second quarter, the company says
** Stock on track for its biggest one-day drop on record, leading declines on Switzerland's blue-chip SMI .SSMI
** The news weighs on private equity peers, with EQT EQTAB.ST down 6.5%, while CVC Capital Partners CVC.AS and Bridgepoint Group BPTB.L fall 5.8% and 4%, respectively
** "Investors are concerned that the inflows into semi-liquid funds will not meet the high expectations that the market had," Morningstar analyst Johann Scholtz says
** Partners Group is now down more than 30% year-to-date, compared with an 18% drop in EQT and declines of around 9% for CVC and Bridgepoint.

 (Reporting by Emanuele Berro, Danilo Masoni and Mathias de Rozario)
 ((emanuele.berro@thomsonreuters.com))