Partners Group sinks after guidance cut, H1 miss, CEO exit

Partners Holding AG

01/09/2026 09:27

** Shares in Partners Group PGHN.S fall around 7.2% as the Swiss private equity firm lowered its FY performance fee outlook after posting an H1 miss and announcing a CEO departure
** "Positioning on the short side, but still expect today's print to be taken negatively," UBS says
** Partners Group sees FY performance income growth of between 20%-25% (prev.: 25%-40%)
** It reports H1 EBITDA of 706 million Swiss francs ($871.39 million), which is 9% below the consensus cited by UBS
** UBS says costs drive the miss
** The stock, which has lost about 31% YTD including Tuesday's session, is the worst performer of the pan-European STOXX 600 .STOXX index
     
($1 = 0.8102 Swiss francs)

(Reporting by Ozan Ergenay)
((ozan.ergenay@thomsonreuters.com))