Partners Group expects more than $450 billion assets under management by 2033

(Reuters) -Partners Group said on Wednesday it expects to triple the value of its assets under management to more than 450 billion dollars by 2033, anticipating the private markets industry to more than double in size over the next decade.

The Swiss private equity firm, which reported slightly better-than-expected full year results on Tuesday, expects private equity to make up more than 200 billion dollars of this sum and private credit more than 70 billion dollars.

At the end of 2024, as reported in January, Partners Group Holding recorded assets under management with a value of 152 billion dollars.

(Reporting by Marleen Kaesebier in Gdansk, Editing by Rachel More)