Partners Group Appoints Co-Chairs Following Leadership Reshuffle and Earnings Slump

Investors tepid on Partners Group management reshuffle

Swiss investment house Partners Group has reshuffled its top management after a slump in first-half earnings and warned of a weaker outlook for performance fees. The Swiss private markets firm named veterans Roberto Cagnati and Juri Jenkner as co-chief executive officers, replacing David Layton, who will become chief investment officer. The shares slumped as much as 8.6%, bringing declines this year to almost 32%. Partners Group, one of Europe’s largest alternative asset managers, has been st...

By swissinfo.ch