Switzerland $150 Billion Private Markets Asset Manager Partners Group Launches Evergreen Multi-Sector Royalty Strategy Fund for Institutional Investors in Europe, Middle East & Asia, Separate Evergreen Fund to be Launched for Private Wealth Investors in 2025, Recent Royalty Investments into Film, Television, Music, Pharmaceutical & Natural Gas, Evergreen Funds Have No Maturity Date and Allow for New Investments & Redemptions
16th February 2025 | Hong Kong
Switzerland private markets asset manager Partners Group ($150 billion AUM) has launched an evergreen multi-sector royalty strategy fund for institutional investors in Europe, Middle East & Asia, with a separate evergreen fund to be launched for private wealth investors in 2025. Partners Group recent royalty investments include into film, television, music, pharmaceutical & natural gas. Evergreen funds have no maturity date and allow for new investments & redemptions. Partners Group (12/2/25): “Partners Group, one of the largest firms in the global private markets industry, has launched an evergreen fund that enables institutions across Europe, the Middle East, and Asia to access its multi-sector royalty strategy. The firm plans to launch a separate evergreen fund for private wealth investors in the same regions later this year. Additionally, Partners Group, acting on behalf of its clients, has committed to eight new private markets royalty investments in the last six months as it ramps up activity following the strategy’s official launch last year. The new transactions span both established and emerging royalty sectors, in line with Partners Group’s thematic investment approach and its aim to build the first dedicated, scalable cross-sector private markets royalty offering. These new investments, which provide exposure to the entertainment, pharmaceutical, and energy transition sectors, take Partners Group’s royalty portfolio to 30 investments … … Although Partners Group underwrites royalty investments with a view to a long-term hold, the firm has already completed its first exit. This involved the sale of a gold royalty portfolio that was acquired in 2022 and formed part of its established seed portfolio at launch. Partners Group sold its stake at a significant premium to NAV in 2024, crystalizing a return on that transaction of 43% gIRR and 38% nIRR, and 1.8x gTVPI. Investors in Partners Group’s royalty evergreen funds will gain immediate exposure to its entire royalty portfolio. Partners Group has more than 20 years of experience in managing private markets evergreen funds and currently manages USD 45 billion in assets across its evergreen product suite globally.” In 2024 September, the world’s largest asset manager BlackRock ($10 trillion AUM) and Partners Group formed a strategic partnership to launch a multi-private markets model solution for retail investors with access to private equity, private credit & real assets in a single portfolio with 3 risk profiles via a single subscription document rather than a document required for each underlying fund. In 2024 June, Partners Group opened a new office in Hong Kong, and appointing Head of Private Wealth APAC Henry Chui as Head of Hong Kong Office. Partners Group Hong Kong office is the 7th office in Asia (Manila, Mumbai, Seoul, Shanghai, Singapore & Tokyo).
“ Switzerland $150 Billion Private Markets Asset Manager Partners Group Launches Evergreen Multi-Sector Royalty Strategy Fund for Institutional Investors in Europe, Middle East & Asia, Separate Evergreen Fund to be Launched for Private Wealth Investors in 2025, Recent Royalty Investments into Film, Television, Music, Pharmaceutical & Natural Gas, Evergreen Funds Have No Maturity Date and Allow for New Investments & Redemptions “
Stephen Otter, Managing Director, Head of Private Markets Royalties, Partners Group: “Over the last few months, we have capitalized on several attractive market opportunities in the royalty space as we continue to build a truly diversified royalty portfolio that exhibits low correlation to other asset classes. We have executed investments across multiple sectors and employed a varied range of royalty investment structures, including direct purchases of royalties, royalty fund investments, and lending against royalties, reflecting our strong sourcing and structuring capabilities. Our team is uniquely positioned to leverage Partners Group’s global investment platform, as well as its thematic and relative value expertise, to originate investments. We currently have a deep and rich pipeline of over 20 near-term royalty opportunities.”
Recent investments include:
- Investment into Warner Bros. Discovery’s catalogue of film and television music rights. The catalogue consists of over 500 titles, including some of the highest rated and most viewed film franchises and television shows of all time, such as Harry Potter, Lord of the Rings, Game of Thrones, Succession, and Friends. The investment involved Warner Bros. Discovery moving the rights into a joint venture and is one of the largest music rights transactions in history.
- Royalty-backed note on Multimedia Music, a leading pure-play acquirer of film and television music rights from composers and independent studios. The company’s portfolio has over 400 titles, including The Dark Knight, Hunger Games, Fantastic Beasts, Guardians of the Galaxy, and Supernatural. Royalty-backed notes are debt instruments typically secured against a portfolio of royalties that rank ahead of the equity owner, with potential upside through the accrual of equity over time.
- Pharmaceutical royalty on the only FDA-approved non-surgical therapy against urothelial cancer. The underlying product is well established in oncological treatment, while the royalty also benefits from future extensions of the product to other conditions such as bladder cancer.
- Commitment to a dedicated pharmaceutical royalty fund that focuses on approved products developed by innovative biotech and life sciences companies.
- Creation of a highly structured royalty across a portfolio of multiple producing and near-term producing natural gas wells in the Central Oklahoma Anadarko basin in the US, providing long-term exposure to US gas prices.
- Acquisition of the rights to the back catalogues of a top-tier global artist and songwriter, multiple BAFTA and Emmy Award nominee composer and conductor, and a prominent contemporary US band.
Partners Group – Partners Group is one of the largest firms in the global private markets industry, with around 1’800 professionals and over USD 150 billion in assets under management. The firm has investment programs and custom mandates spanning private equity, private credit, infrastructure, real estate, and royalties. With its heritage in Switzerland and primary presence in the Americas in Colorado, Partners Group is built differently from the rest of the industry. The firm leverages its differentiated culture and its operationally oriented approach to identify attractive investment themes and to build businesses and assets into market leaders.
$150 Billion Asset Manager Partners Group Opens New Office in Hong Kong & Appoints Head of Private Wealth APAC Henry Chui as Head of Hong Kong Office, Hong Kong is 7th Office in Asia Including Manila, Mumbai, Seoul, Shanghai, Singapore & Tokyo
25th June 2024 – Private markets asset manager Partners Group with $150 billion AUM has opened a new office in Hong Kong, and appointing Head of Private Wealth APAC Henry Chui as Head of Hong Kong Office. Partners Group Hong Kong office is the 7th office in Asia (Manila, Mumbai, Seoul, Shanghai, Singapore & Tokyo). Partners Group (21/6/24): “Partners Group, one of the largest firms in the global private markets industry, has expanded its Asian presence with the opening of an office in Hong Kong. This represents Partners Group’s seventh office in Asia and brings its total number of offices worldwide to 21. Partners Group has appointed Henry Chui to head the Hong Kong office, in addition to his role as Head of Private Wealth APAC. Henry will manage a dedicated team focusing on the firm’s client activities in Hong Kong and the Greater China Area and strengthening its existing network of client and investment partner relationships. A particular priority for the team will be expanding the firm’s private wealth client base by adding strategic distribution partners locally for its suite of private markets solutions, including its evergreen funds.”
Kevin Lu, Partner & Chairman of Asia: “We are very pleased to add a Hong Kong office to our regional footprint. As a major economic center and regional hub for the Greater Bay Area, Hong Kong has a key role to play for private markets. We have seen a significant increase in investor appetite for private markets in the Greater China Area and look forward to deepening our relationships with clients and investment partners here.”
Henry Chui, Head of Private Wealth APAC & Head of the Hong Kong Office: “Individual investors in Asia are increasingly looking to private markets as a means to access the real economy. Having boots on the ground in Hong Kong is important to provide local coverage to our distribution partners in the Greater China Area and complements our coverage across the rest of the region.”
About Partners Group
Partners Group is one of the largest firms in the global private markets industry, with 1’900 professionals and approximately USD 150 billion in assets under management. The firm has investment programs and custom mandates spanning private equity, private credit, infrastructure, real estate, and royalties. With its heritage in Switzerland and its primary presence in the Americas in Colorado, Partners Group is built differently from the rest of the industry. The firm leverages its differentiated culture and its operationally oriented approach to identify attractive investment themes and to build businesses and assets into market leaders.
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
