Partners Group bounces as analysts split after record selloff
BUZZ-Partners Group bounces as analysts split after record selloff ** Shares in Partners Group PGHN.S rebound after slumping 16% the previous day, when the Swiss asset manager said it capped withdrawals from an $8.6 billion private equity evergreen fund
** Stock up 4% after hitting a more than six-year low on Wednesday in its biggest one-day drop ever
** Analysts mixed: ZKB calls the decline "excessive", while Citi says the update on evergreen redemptions is helpful but more clarity is needed
** "While the shares are well below historical levels, we are not inclined to step in until we have comfort this is not the case," Citi writes
** Partners Group on Thursday flags more large withdrawal requests at some of its funds and expects a slowdown in fundraising in H2 2026 and into 2027. It affirms expectation for $26-32 billion in 2026 gross new client demand
** Stock down around 27% YTD
(Reporting by Amir Orusov)
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