Partners Group, a leading global private markets firm, has again selected Equity Trustees to be the responsible entity of its latest fund launch – a new private debt fund in Australia.
Russell Beasley, Executive General Manager, Corporate Trustee Services, Equity Trustees said: “We are very pleased to have been selected to undertake the responsible entity role for the fifth Partners Group fund launched since we began working together in 2011.”
The Partners Group Global Income Fund - Unlisted invests in a global portfolio of private debt investments. It aims to return 4% per annum above the RBA Cash Rate, net of fees with monthly distributions and a focus on capital preservation.
Andrew Bellis, Partner and Head of Syndicated Loans at Partners Group, said: "We are very excited about the launch of the Partners Group Global Income Fund – Unlisted. With significant global inflationary pressures and expected interest rate rises, we’re looking to outperform more traditional fixed income securities, helped by the floating rate nature of the assets in the portfolio. Plus we want to provide a strong yield for those investors seeking income.
“With an underlying portfolio comprising predominantly of First Lien Senior Secured loans, the aim is for this income-oriented unlisted debt fund to demonstrate lower volatility and lower risk off loss than say funds comprising high yield bonds," he said.
Equity Trustees’ Mr Beasley added: “The breadth and depth of the funds we’re the responsible entity for, is expanding and speaks to our expertise and years of experience in funds governance.”
Partners Group has invested over US$170 billion in private equity, private real estate, private debt, and private infrastructure on behalf of its clients globally since 1996 and has US$127 billion in assets under management as of 31 December 2021.
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Equity Trustees was established in 1888 for the purpose of providing independent and impartial Trustee and Executor services to help families throughout Australia protect their wealth. As Australia’s leading specialist trustee company, we offer a diverse range of services to individuals, families and corporate clients including asset management, estate planning, philanthropic services and Responsible Entity (RE) services for external Fund Managers. Equity Trustees is the brand name of EQT Holdings Limited (ABN 22 607 797 615) and its subsidiary companies, publicly listed company on the Australian Securities Exchange (ASX: EQT) with offices in Melbourne, Bendigo, Sydney, Brisbane, Perth, London and Dublin.