Partners Group Targets $1.5 Billion For Fifth Real Estate Secondaries Program

June 14, 2026 - 21:49

Partners Group has set its sights on raising $1.5 billion for its fifth real estate secondaries program. The Swiss investment firm confirmed the target, which will be funded through a combination of a closed-end fund, custom mandates, and other investment vehicles that follow the same strategy.

The new program focuses on acquiring stakes in existing real estate funds from investors looking to exit before the fund's natural maturity. This approach, known as the secondaries market, has grown in popularity as institutional investors seek liquidity and portfolio adjustments without waiting for traditional fund wind-downs.

Partners Group has been a significant player in this space, having raised substantial capital for its previous four programs. The firm's latest effort comes at a time when real estate secondaries are attracting more attention, driven by a need for flexibility in a market where direct property sales can be slow.

The $1.5 billion target reflects confidence in the strategy, which allows the firm to buy assets at discounts and manage them for future returns. Partners Group did not provide a timeline for the fundraising close but noted that the program is already in the market.