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Partners Group (PGHN) investor relations material
Partners Group Guidance summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
2025 business update and outlook call introduced by CEO, joined by President and Head of Portfolio Solutions, with Q&A to follow.
Guidance on key objectives
Achieved 21% AuM growth in 2025, reaching $184.9bn, with $30.2bn in new assets and 14.1% growth on guided metrics.
2026 guidance targets $26–32bn in new client demand and $10–13bn in tail-downs, with redemptions expected to be offset by performance and other effects.
Performance fees for 2025 expected above 30% of revenue due to pull-forward effects; 2026 guidance set at 25–40%, likely starting at the lower end.
Management fee margins expected to remain stable, with no significant changes anticipated from product mix.
2033 ambition aligns with a $450bn AuM target, maintaining double-digit net organic growth before M&A and FX.
Market trends and strategic opportunities
Gained significant market share in a challenging environment, with fundraising, investment, and realizations all exceeding 2019 and 2021 levels.
Customization and bespoke solutions drove 72% of 2025 fundraising, with mandates and evergreens at record levels.
Strategic partnerships and joint ventures with major financial institutions (e.g., Deutsche Bank, BlackRock) provide future fundraising opportunities and access to new client segments.
Growing demand for customized solutions, mandates, and Evergreens, especially in Asia, APAC, the Middle East, and private wealth.
Private markets becoming mainstream, with increased benchmarking and client sophistication.
- TimeTickerHeadlineOpen
- 6 FebSCW
Q2 2025 revenue surged 120% y/y, driven by a record Asian contract and a tripled backlog. - 6 FebSCW
Q1 2025 revenue jumped 97% year-over-year, with strong backlog and major new contracts secured. - 6 FebSCW
Q3 revenue up 39% y/y, backlog at 58.3 mln PLN, Space leads growth with global contracts. - 6 FebGHM
Q3 FY26 delivered 21% revenue growth, record backlog, and raised full-year guidance. - 6 FebPENG
All proposals passed, with no questions raised and results to be filed on Form 8-K. - 6 FebJKHY
Record revenue and net income growth drive raised guidance and strong segment performance. - 6 FebMGY
Record production, strong free cash flow, and disciplined capital returns defined 2025. - 6 FebQNST
Record Q2 revenue, $50.2M net income, HomeBuddy acquisition, and AI drive growth. - 6 FebOPGN
Shareholders will vote on seven key proposals, including a new equity plan and company name change. - 6 FebCDP
2025 FFO/share up 5.8% with strong leasing; 2026 outlook positive amid record defense spending.
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