Today, the shares of Partners Group, a Swiss asset manager, were traded in the main market of the SWX Swiss Exchange for the first time. The issue price was set yesterday, Thursday, at CHF 63 and thus in the upper range of the previously determined pricing corridor of CHF 56 to CHF 67. The opening price on the SWX Swiss Exchange today stood at CHF 79.95, which corresponds to a market capitalisation of CHF 2,134.7 million. Partners Group is included in both the SPI® and the SPI EXTRA®. According to the listing prospectus, of the 26,700,000 registered shares entered in the Commercial Register, 8,010,000 or 30 % of all outstanding shares were placed with the public. If the option for an additional 801,000 shares is chosen (over-allotment option), the free float may reach 33 %.
Partners Group is a global alternative asset management firm providing an international clientele of institutional investors, private banks and asset managers with comprehensive private equity, private debt and hedge fund investment opportunities.
At the end 2005, Partners Group had over 140 employees. In 2005, the company generated net revenues of CHF 125 million and a net profit of CHF 77.6 million.
