Partners Group, a Switzerland-headquartered private markets firm, has launched its private wealth business unit, formalising its private wealth fundraising activities.
The private wealth business unit has $37bn in AUM, nearly a third of the firm’s total $131bn, and is co-led by Robert Collins, partner, and Christian Wicklein, managing director, who will cover the Americas, and Europe and Asia Pacific respectively.
To support its private wealth activities in Asia, Partners Group recently hired Henry Chui, based in Singapore, to head its Asia team. He joined two months ago from Nuveen.
“By carving out private wealth from our institutional investor activities, we are emphasising these clients’ differentiated needs and further cementing our leadership position for the future,” said David Layton, partner and chief executive officer at Partners Group.