The specialist for alternative investments increased first-half profit to 394 million Swiss francs ($405 million). Partners Group, based in Baar, had a significantly better result than analysts had expected. The operating profit (EBITDA) margin was flat at 66 percent.

The company invested $7.7 billion for clients across all asset classes and received 6.2 billion euro in new money from clients. The company currently has $78 billion in assets under management.

Milestone Investment

The company has invested more than $100 billion in capital on behalf of its clients since the business was started 22 years ago.

Partners Group at the end of August had announced that David Layton would replace Christoph Rubeli as co-CEO and to work alongside André Frei.