Erste Asset Management and Partners Group announce strategic partnership to offer private markets solutions in Austria and wider Central and Eastern Europe
Partners Group, one of the largest firms in the global private markets industry, has entered into a strategic partnership with Erste Asset Management (or "EAM"), a leading asset manager in Central and Eastern Europe, to launch a one-stop private markets solution for Erste Group's private and institutional clients.
The new solution will be offered in an evergreen format and structured under the European Long-Term Investment Fund (ELTIF) 2.0 regulation. It will be available exclusively to Erste Group clients in its home markets.
The partnership brings together Partners Group's private markets portfolio solutions platform and transformation investing approach with EAM's deep client understanding and reach in Central and Eastern Europe, as well as its primary investment heritage. The solution will offer access to a diversified set of private markets opportunities across private equity, private credit, infrastructure, and real estate. It will invest in Partners Group's direct investments through its suite of evergreen strategies.
Markus Pimpl, Managing Director, Client Solutions, Partners Group, states: "We are pleased to join forces with Erste Asset Management to offer both their private and institutional clients access to a flexible, core private markets allocation. Bringing together our private markets pedigree with Erste's reach across its home markets combines the market leading strengths of both firms to the benefit of Erste's client base. We look forward to a fruitful collaboration in the coming years."
Heinz Bednar, CEO, Erste Asset Management: „This partnership aligns closely with our strategy to broaden our investment offering with innovative private markets solutions that create long-term value for our clients. Partners Group is a global leader in the evergreen space, and by combining their expertise with our deep regional client understanding, we can provide unique access to high-quality private markets investments across Central and Eastern Europe.“
Maximilian Clary und Aldringen, Member of the Management Board, Erste Bank, states: “We welcome this cooperation with Erste Asset Management. The new private markets solutions meaningfully completes Erste Bank’s existing offering for our clients and strengthens our position as a leading provider of private markets solutions. By adding this important component to our product range, we are able to serve our client’s long-term investment needs even more comprehensively.
This partnership is the latest in a series of strategic agreements that Partners Group has signed with leading financial institutions globally to provide tailored private markets access to a variety of client types. Many large asset managers, wealth managers, and other financial institutions are seeking to expand their product shelf and Partners Group has positioned itself as a private markets solutions provider of choice to provide bespoke solutions for these varied partners.
Partners Group’s manages USD 52 billion across its private wealth product suite globally. The firm serves individual investors through a network of over 130 carefully selected intermediaries and partners. To find out more about Partners Group's private wealth offering, please visit: https://www.partnersgroup.com/en/our-solutions/private-wealth
About Partners Group
Partners Group is one of the largest firms in the global private markets industry, with around 2’000 professionals and over USD 174 billion in assets under management. The firm has investment programs and custom mandates spanning private equity, private credit, infrastructure, real estate, and royalties. With its heritage in Switzerland and its primary presence in the Americas in Colorado, Partners Group is built differently from the rest of the industry. The firm leverages its differentiated culture and its operationally oriented approach to identify attractive investment themes and to build businesses and assets into market leaders. For more information, please visit www.partnersgroup.com or follow us on LinkedIn.
About Erste Asset Management
Erste Asset Management (Erste AM) is the asset management unit of Erste Group and one of the leading financial solutions providers in Central and Eastern Europe. With over EUR 100 billion in assets under management, Erste AM offers a wide range of investment solutions for private and institutional clients—combined with local expertise and the strength of an international financial group. For more information, please visit www.erste-am.com or follow us on LinkedIn.
Media relations contact
Manuela Halada
manuela.halada@erste-am.com
Tel. +43 50100 12113
Communications Specialist
Paul Severin
paul.severin@erste-am.com
Tel. +43 50100 19982
Head of Communications
Disclaimer
This document is an advertisement. Please refer to the prospectus of the UCITS or to the Information for Investors pursuant to Art 21 AIFMG of the alternative investment fund and the Key Information Document before making any final investment decisions. All data is sourced from Erste Asset Management GmbH, unless indicated otherwise. Our languages of communication are German and English.
The prospectus for UCITS (including any amendments) is published in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to Art 21 AIFMG is prepared for the alternative investment funds (AIF) administered by Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.
The fund prospectus, Information for Investors pursuant to Art 21 AIFMG, and the Key Information Document can be viewed in their latest versions at the website www.erste-am.com within the section mandatory publications or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the fund prospectus or the Information for Investors pursuant to Art 21 AIFMG and the Key Information Document are available, and any additional locations where the documents can be obtained can be viewed on the website www.erste-am.com. A summary of investor rights is available in German and English on the website www.erste-am.com/investor-rights as well as at the domicile of the management company.
The management company can decide to revoke the arrangements it has made for the distribution of unit certificates abroad, taking into account the regulatory requirements.
Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund. Please note that investments in securities entail risks in addition to the opportunities presented here. The value of shares and their earnings can rise and fall. Changes in exchange rates can also have a positive or negative effect on the value of an investment. For this reason, you may receive less than your originally invested amount when you redeem your shares. Persons who are interested in purchasing shares in investment funds are advised to read the current fund prospectus(es) and the Information for Investors pursuant to Art 21 AIFMG, especially the risk notices they contain, before making an investment decision. If the fund currency is a currency other than the investor's home currency, changes in the corresponding exchange rate may have a positive or negative impact on the value of his investment and the amount of the costs incurred in the fund - converted into his home currency.
Please consult the corresponding information in the fund prospectus and the Information for Investors pursuant to Art 21 AIFMG for restrictions on the sale of fund shares to American or Russian citizens. Misprints and errors excepted.
Presentations:
It is expressly noted that presentations shall not be construed as providing investment advice or investment recommendations; presentations simply represent the current market opinion. The presentations are not intended as sales instruments, and shall therefore not be construed as an offer to buy or sell financial or investment instruments. The investor shall be solely responsible for any and all decisions that he makes on the basis of this presentation.