Partners Group has launched a “special opportunities” strategy, adding it as a complementary program alongside its private equity, infrastructure, private credit, real estate and royalties programs.
The firm now has a dedicated team for special situations, due to the “investment opportunities that are expected to be generated by the transforming economy in the decade ahead,” it said in a press release.
Partners has also hired Joshua Hartz, as partner, global head of special opportunities, to lead the strategy. He joined the firm from Bain Capital and has more than 19 years of industry experience.
A New Global Team
In his role, Hartz will work to build a global special opportunities investment team across the US, Europe and Asia, which will be integrated into the wider Partners Group Platform. He will be splitting his time between the Zug and Sydney offices.
Hartz commented: “Historically, during both times of dislocation and market expansion, special opportunities strategies have been relied on to drive transformation and growth in companies. In the coming economic transformation, driven by the increasingly fast pace of technological change and enhanced by looming debt maturity walls, slower GDP growth, and elevated global inflation, the volume of transaction opportunities requiring flexible private capital solutions is only increasing.”
Strategy Aims At Liquidity Gaps Across Markets
The strategy will focus on three types of transactions across corporate solutions, real assets and other liquidity opportunities and will invest on a global basis. These three transactions are: providing structured liquidity for founder-led or growth businesses, investing in “highly attractive” assets suffering from constrained balance sheets, and offering liquidity solutions where traditional capital is unavailable.
Juri Jenkner, president commented: “Special situations provide flexible capital solutions to assets across private markets, offering a distinct mix of characteristics for client portfolios. These include heightened downside protection and upside potential, with a shorter duration, thereby filling a gap on the risk/return spectrum.”
Special opportunities is the latest investment strategy that Partners Group has added to its multi-strategy private markets platform since adding royalties in late 2024. Partners Group has more than $185 billion in assets under management across all asset classes globally, the firm noted.
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