Partners Group CEO Dismisses Redemption Fears
Partners Group Chief Executive Officer David Layton told Bloomberg Open Interest his move to chief investment officer does not signal trouble at the private-markets firm, according to Bloomberg. Layton said the leadership shake-up is not tied to redemption pressure, said the firm is gaining fundraising share despite an industry slowdown, and said elevated evergreen-fund redemptions could continue for another 12 to 18 months.
