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Partners Group Announces CEO Change Amid Profit Decline and Fund Pressure

Private equity firm Partners Group has announced a leadership transition as its shares tumble following a 13 percent year-to-date profit drop. The executive reshuffle comes amid mounting investor scrutiny over performance pressures affecting the company’s flagship fund.

1 Sept, 06:17 — 1 Sept, 06:17
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Sources

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FTVery High4h ago

Partners Group replaces chief executive as pressure grows on flagship fund

David Layton to step down after surge in redemption requests hits share price of Swiss private equity manager.

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Coverage Timeline

First report: FT · 1 Sept, 06:17Full coverage: 2 · 2hWindow: 2h
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FT1 Sept, 06:17First to report

Partners Group replaces chief executive as pressure grows on flagship fund

2h later
investing-com1 Sept, 08:35Latest update

Why is Partners Group stock tumbling today?

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