SWITZERLAND – Zug-based independent private equity firm, Partners Group, has acquired specialist hedge fund management company, saisGroup, adding hedge funds to its product range for the first time.
saisGroup launched what it claims was the world’s first global hedge fund with daily liquidity and Partners Group believes that this is an area it would like to expand its new hedge fund range in.
Partners Group believes that its expansion in the hedge fund market strengthens its ability to offer complex, customised alternative investment solutions to institutional investors, such as pension funds and insurance companies.
The new hedge fund area will be headed up by Michel Jacquemai, former CEO and founder of saisGroup, and Marcel Eni, one of the founding partners of Partners Group.
Says Alfred Ganther, CEO and founding partner of Partners Group :”A market environment where neither institutional nor private investors can ignore hedge funds as a serious investment opportunity was the main driver in our decision to get more deeply involved with the asset class.”
Partners Group currently has over US$4bn (€4.6bn) in committed alternative investment programmes and funds.
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