Partners Group announced plans Friday to split its €6.6 billion Global Value SICAV evergreen fund into two portfolios. The change is intended to give investors more flexibility over cash flows and investment duration, amid growing demand for greater control in private markets.
The compounding portfolio will reinvest returns for long-term growth, while the distributing portfolio will provide cash returns as assets are sold. The compounding portfolio will be open to new investors.
Existing investors can keep their current exposure, switch to the compounding portfolio or redeem their holdings. Partners Group said the change is in line with its previously stated assets-under-management guidance for 2026.