Partners Group Private Equity
Partners Group Private Equity (LSE: PEY), is a large British investment trust focused on private equity direct investments. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[1]
History
[edit]Established as Princess Private Equity in 2007, the company's significant investments included a Swiss vacuum valves manufacturer, the VAT Group,[2] a British software business, Civica,[3] and an intellectual property business, CPA Global.[4]
The company halted all new investment activity in August 2002 and then cancelled its dividend in November 2022, because of challenging debt markets, in which it was difficult to liquidate investments.[5] It changed its name from Princess Private Equity to Partners Group Private Equity in March 2024.[6]
The company is managed by Partners Group and the chairman is Peter McKellar.[7]
References
[edit]- ^ "FTSE UK Index Series – Indicative Annual Review Changes August 2025". FTSE Russell. 26 August 2025. Retrieved 29 August 2025.
- ^ "Private equity case study: The VAT Group (Princess Private Equity Holding)". The Association of Investment Companies. Retrieved 29 August 2025.
- ^ "UK business software group Civica has just been sold by Canadian pension fund Omers for more than £1bn". City am. 24 July 2017. Retrieved 29 August 2025.
- ^ "Clifford Chance advises Partners Group on the sale of its minority interest in CPA Global, the world's leading IP management company". Clifford Chance. 5 August 2020. Retrieved 29 August 2025.
- ^ "Princess Private Equity suspends all new investment activity". Quoted Data. 22 November 2022. Retrieved 29 August 2025.
- ^ "Princess rebrands as Partners and promises step-up in buybacks". City Wire. 24 March 2024. Retrieved 29 August 2025.
- ^ "Under pressure Princess crowns PE stalwart Peter McKellar as chair". The Association of Investment Companies. 31 October 2023. Retrieved 29 August 2025.