Partners Group, the Swiss-based alternative asset manager, has broadened its global footprint with the opening of an office in Luxembourg to support its client relationship activities in t
Partners Group, the Swiss-based alternative asset manager, has broadened its global footprint with the opening of an office in Luxembourg to support its client relationship activities in the area as well as the development of Luxembourg-based product structures, which are seeing increased demand from institutional and private investors.
Jerry Ludig, head of the Luxembourg office, previously worked for HSBC Securities Services in Luxembourg, where he focused on business implementation, following seven years with PricewaterhouseCoopers as an audit supervisor.
‘The increased demand for sophisticated, regulated investment products we have observed amongst our investors has supported our decision to establish a local presence in Luxembourg,’ says partner and head of investment solutions Felix Haldner. ‘This location will enlarge our structuring possibilities and offer new opportunities for innovative solutions.
‘In particular, our collaboration with various distribution partners around the world further confirms the growing interest in open-ended mutual fund structures, such as the Partners Group Global Value Sicav.’
Partners Group manages more than CHF24bn 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 Guernsey, London, Luxembourg, New York, San Francisco, Singapore, Sydney and Tokyo, is listed on the SWX Swiss Exchange with a market capitalisation of around CHF4bn, and is majority-owned by its 38 partners and principals as well as employees.
