Partners Group will cap withdrawals from $16 billion U.S. fund, sources say
Partners Group will cap withdrawals from $16 billion U.S. fund, sources say ZURICH, June 4 (Reuters) - Partners Group PGHN.S will limit withdrawals from a $16 billion U.S. fund, two sources familiar with the matter have told Reuters.
The Swiss asset manager on Thursday said repurchase requests had reached 6% of assets held in the Delaware-based fund, exceeding the 5% limit it allows each quarter.
(Reporting by John Revill and Dave Graham, editing by Thomas Seythal)
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