Switzerland-based alternative asset manager Partners Group has expanded its Asian presence with the opening of an office in Sydney to support its investment activities and growing number o
Switzerland-based alternative asset manager Partners Group has expanded its Asian presence with the opening of an office in Sydney to support its investment activities and growing number of client relationships in the region.
Martin Scott, who in the past built an Australian presence for Zurich Financial Services, has joined Partners Group in the Sydney office and will be joined by Mike Siebert, who has helped develop Partners Group’s Asian activities out of its Singapore office since 2004. Scott and Siebert will be responsible for business development activities, investment origination and client relationships in the region.
‘The new Sydney office and its proximity to the market strengthens our investment activities in the region,’ says the firm’s Asia head Philipp Gysler. ‘It is envisaged that this local presence will, for instance, allow the sourcing of an increased number of attractive secondary and direct opportunities, such as the co-investment completed with Ironbridge Capital in Super A-Mart, a leading furniture retailer in Queensland and New South Wales.’
Christoph Rubeli, head of markets for Asia, adds: ‘The establishment of an Australian presence reflects the significant growth of this region as well as the increased interest in the alternative assets classes we observe among investors.
‘The access to this market will ensure we are well-positioned to collaborate with the rapidly developing client segment of superannuation funds as well as support our activities with strategic distribution partners, such as our co-operation with Jana Investment Advisers.’
Partners Group manages more than CHF 24 billion in a broad range of funds, structured products and customised portfolios with private equity, private debt, private real estate, listed alternative investments, hedge funds and alternative beta strategies for an international clientele of institutional investors, private banks and distribution partners.
The firm, which employs more than 270 people at its headquarters in Zug and offices in London, Guernsey, New York, San Francisco, Singapore, Sydney and Tokyo, is listed on the SWX Swiss Exchange with a market capitalisation of more than CHF4bn, and is majority-owned by its 38 partners and principals as well as employees.
