NAV increased by 0.8% in July
Summary by AI BETAClose X
(LSE: PEY/PEYS)
Partners Group Private Equity Limited
NAV increased by 0.8% in July
· NAV increased to EUR 13.90 per share, corresponding to EUR 960.9 million
· Positive currency movements (+1.0%) and flat portfolio revaluations during the month
· PGPE Ltd received EUR 11.2 million in distributions, including EUR 8.9 million from Techem
During the month, PGPE Ltd provided an update on Techem, a global provider of digitally enabled solutions for the real estate sector, announcing a newly agreed transaction structure. Partners Group has formed a consortium to invest in Techem's next phase of growth. In 2018, Techem was acquired by a consortium led by Partners Group, which will exit their stakes in the company. The group oversaw a period of strong growth at the company, with revenues reaching over EUR 1 billion and EBITDA growing approximately 50%. As part of the new transaction, PGPE Ltd will reduce its exposure while reinvesting to retain participation in the company's future growth. In July, PGPE Ltd received a EUR 8.9 million distribution, forming part of the total proceeds associated with the transaction. As per the original announcement, PGPE Ltd is expected to receive an additional tranche of the proceeds in H2 2025, with the remaining to be distributed at a subsequent date. Techem is the seventh largest portfolio company for PGPE Ltd as of 31 July 2025.
Furthermore, PGPE Ltd announced that it has agreed to exit from its initial investment in PCI Pharma Services ("PCI") and to reinvest in the next phase of growth. Partners Group, on behalf of PGPE Ltd and its other clients, initially invested in the company in 2016. Since the initial investment, PCI has transformed from a regional commercial packaging organization into a global contract manufacturing and development organization. The transaction is expected to close in H2 2025, subject to customary conditions and regulatory approvals. PCI is the largest portfolio company for PGPE Ltd as of 31 July 2025.
PGPE Ltd has made available the recording of its recent investor update webcast. The recording is available on the Investors - Results & Presentations section of the Company's website.
Ends.
About Partners Group Private Equity Limited
PGPE Ltd is an investment holding company founded in 1999 and domiciled in Guernsey. It invests in private equity direct investments. PGPE Ltd is managed in its investment activities by Partners Group, a global private markets investment management firm with over USD 174 billion in investment programs under management in private markets, of which USD 83 billion is in private equity. Partners Group itself is listed on the Swiss Stock Exchange (ticker: PGHN). PGPE Ltd aims to provide shareholders with long-term capital growth and an attractive dividend yield. PGPE Ltd is traded on the Main Market of the London Stock Exchange (ticker: PEY for the Euro quote; PEYS for the Sterling quote).
Contacts
Partners Group Private Equity Limited:
pgpe-ltd@partnersgroup.com
www.partnersgroupprivateequitylimited.com
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Investor relations contact: Andreea Mateescu Phone: +41 41 784 66 73 E-mail: andreea.mateescu@partnersgroup.com
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Media relations contact: Jenny Blinch Phone: +41 41 784 65 26 E-mail: jenny.blinch@partnersgroup.com |
Registered Number: 35241 LEI: 54930038LU8RDPFFVJ57
Notes:
1. Note that references in this announcement to Partners Group Private Equity Limited have been abbreviated to "PGPE Ltd" or "the Company". References to Partners Group AG have been abbreviated to "Partners Group" or "the Investment Manager".
2. This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Partners Group Private Equity Limited. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about and observe any such restrictions on the distribution of this document. In particular, this document and the information contained therein are not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.
3. This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of PGPE Ltd's website nor the contents of any website accessible from hyperlinks on PGPE Ltd's website (or any other website) are incorporated into, or form part of, this announcement.
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