Swiss private equity manager Partners Group has secured two mandates totalling CHF 500 million (€320.8 million; $413.4 million).
The respective commitments of CHF 200 million and CHF 300 million were made by unnamed European pension funds in separate transactions.
Steffen Meister, chief executive officer of Partners Group, said in a statement that December had so far been one of the firm’s most active months for fundraising in 2008, adding that market dislocation has provided increased opportunities.
“Our portfolios will substantially benefit from distressed parties selling their private market assets on the secondary market at significant discounts to fair value,” Meister said.
Partners Group currently manages more than CFH 25 billion investments in private equity, private debt, private real estate, private infrastructure, absolute return strategies and listed alternatives.