Partners Group, the global private markets investment manager, announced today that its founding partners and largest shareholders, Dr. Marcel Erni, Alfred Gantner and Urs Wietlisbach, have entered into a derivative transaction concerning up to 4.1% each of Partners Group's total share capital over the next five years.
The transaction involves so-called collars which enable the three co-founders to continue to participate in certain upside up to a certain level, while being afforded certain downside protection at certain levels. The transaction does not foresee any change in the size of the three co-founders' stakes in Partners Group during the period until maturity, absent extraordinary events as customary for such derivatives.
Partners Group is a global private markets investment manager with over EUR 42 billion in investment programs under management in private equity, private debt, private real estate and private infrastructure. Partners Group is headquartered in Zug, Switzerland and has 18 offices around the globe. The firm employs over 800 people and is listed on the SIX Swiss Exchange. The current market capitalization of Partners Group exceeds CHF 9 billion.
Niederer Kraft & Frey acted as Swiss counsel to the three co-founders. The NKF team was led by Philippe Weber and further comprised partners Thomas Brönnimann (capital markets) and Markus Kronauer (tax) as well as senior associate Rachid Ghazi.