Over the 12 months ending September 30, Partners Group invested $1.2 billion in infrastructure secondaries on behalf of its clients. This marks a 70% increase compared to the previous period, according to a company statement released on Thursday.

Expanding Global Infrastructure Portfolio

The firm's global infrastructure business manages $26 billion in assets across direct investments and partnerships. By comparison, Partners Group’s total assets under management (AuM) stood at $149.2 billion as of the end of June.

Aligning With Thematic Investment Trends

This robust growth in the infrastructure secondaries market reflects the significant opportunities in this space. During the reported period, the Infrastructure Partnerships team completed 13 transactions. These investments align with Partners Group’s thematic investment approach, which focuses on trends such as digitization, decarbonization, and "new living."

Examples include the acquisition of a data center in Canada through a General Partner (GP-led) transaction and the purchase of a portfolio comprising 10 individual investments via a Limited Partner (LP-led) transaction.

Growing Momentum in Secondaries

Partners Group notes that the infrastructure secondaries market has gained substantial momentum, driven by the expansion and maturity of this asset class. Limited Partners (LPs) are increasingly shifting their focus from building infrastructure allocations to actively managing portfolios. The secondary market is being utilized for liquidity and portfolio rebalancing.