Is Partners Group’s New AuM Data and 2026 Outlook Briefing Altering The Investment Case For Partners Group Holding (SWX:PGHN)?

• Partners Group recently reported its Assets under Management as of 31 December 2025 and confirmed it will host a 2025 Business Update and 2026 Outlook presentation on 14 January 2026, offering fresh detail on its operations and plans.
• This combination of an AuM disclosure and upcoming outlook briefing gives investors a clearer window into how the firm is positioning its private-markets platform for the next phase of growth and product development.
• We’ll now explore how the latest AuM disclosure could reshape Partners Group’s investment narrative and its long-term earnings profile.

Find companies with promising cash flow potential yet trading below their fair value.

Partners Group Holding Investment Narrative Recap

To own Partners Group, you need to believe in the durability of private markets demand and the firm’s ability to translate AuM into resilient fee income. The latest AuM disclosure and upcoming 2025 Business Update look important mainly as a near term check on fundraising momentum and margin trends; unless they reveal a sharp shift in flows or pricing, they are unlikely to materially change the biggest current risk, which is pressure on AuM growth and fee margins from intensifying competition.

The most relevant recent announcement alongside the new AuM figure is management’s 2025 guidance for total new client assets of US$26 billion to US$31 billion, including contributions from the Empira acquisition. Together, the fresh AuM snapshot and that fundraising range frame the key short term catalyst for the stock: whether Partners Group can keep growing higher quality AuM fast enough to offset tail downs and mix shift toward potentially lower margin evergreen solutions.

Yet the real information investors should be watching is how competitive fee pressure could affect Partners Group’s long term earnings power and...

Read the full narrative on Partners Group Holding (it's free!)

Partners Group Holding's narrative projects CHF3.2 billion revenue and CHF1.6 billion earnings by 2028. This implies 11.7% yearly revenue growth and an earnings increase of about CHF0.4 billion from CHF1.2 billion today.

Uncover how Partners Group Holding's forecasts yield a CHF1252 fair value, a 30% upside to its current price.

Exploring Other Perspectives

Three members of the Simply Wall St Community currently see fair value for Partners Group in a tight band between CHF1,234 and CHF1,259. These varied views sit alongside concerns that rising competition and fee pressure could curb AuM growth and influence how the business performs over time, so it is worth weighing several perspectives before forming your own view.

Explore 3 other fair value estimates on Partners Group Holding - why the stock might be worth just CHF1234!

Build Your Own Partners Group Holding Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Partners Group Holding research is our analysis highlighting 4 key rewards and 2 important warning signs that could impact your investment decision.
• Our free Partners Group Holding research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Partners Group Holding's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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