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PGHN Partners Holding AG News Story

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Partners Group shares at lowest close since 2020, nears June trough after curbs

Partners Group shares at lowest close since 2020, nears June trough after curbs

- Shares in Partners Group PGHN.S fell 3% on Thursday, marking their lowest close since April 2020 and nearing the intraday low touched earlier this month after the Swiss investment firm capped withdrawals from an $8.6 billion private equity fund.

The stock was last at 686.4 CHF, a whisker below the June 3 close but still above the intraday trough reached that day, when the withdrawal cap reignited concerns over risks in alternative investments.

The shares are down around 30% this year.


(Reporting by Amir Orusov; editing by Danilo Masoni)

((Amir.Orusov@thomsonreuters.com))

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