Partners Group shares fall 13% after curbs on fund redemptions
03/06/2026 08:43
Partners Group shares fall 13% after curbs on fund redemptions June 3 (Reuters) - Shares in Partners Group AG PGHN.S fell as much as 13% on Wednesday after a Bloomberg report said the Swiss private markets firm had capped withdrawals in one of its evergreen private equity funds following a surge in redemption requests.
The report said the company is limiting redemptions in its $8.6 billion Global Value SICAV fund to 5% of net asset value per quarter after requests climbed to about 9.8% in the second quarter, according to a letter to investors.
Partners Group confirms to Reuters that it is capping withdrawals on the fund.
(Reporting by Danilo Masoni; Editing by Dhara Ranasinghe)
((Danilo.Masoni@TR.com; Reuters Messaging: danilo.masoni.thomsonreuters.com@reuters.net))
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