This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Partners Group Rebuts Short-Seller Valuation Claims and Weighs Legal Action

Tipranks - Fri May 1, 12:12PM CDT

Claim 55% Off TipRanks

Partners Group Holding AG ( (CH:PGHN) ) has shared an update.

Partners Group has forcefully rejected a critical report from short-selling hedge fund Grizzly Reports that questioned its valuation practices and business exposures. The firm called the publication frivolous, defamatory, and highly misleading, and said it is assessing legal options, including potential filings with regulators over suspected market manipulation.

The asset manager argued that Grizzly’s claims are based on a small, misinterpreted sample of assets in a US registered private equity fund and contain factual errors on issues such as revenue contribution from its evergreen platform and its software exposure. Partners Group stressed that its valuations follow IFRS and US GAAP fair value standards, are audited and backed by independent third-party valuation firms, and highlighted recent realizations of key holdings above prior valuation marks to underscore the robustness of its processes.

The firm defended the long-term performance and track record of its evergreen funds, noting that a large majority of gains in its flagship US private equity strategy come from actual realizations rather than paper revaluations, which it says compares favorably with industry peers. Management also rebutted specific allegations around individual holdings, valuation multiples, preferred versus common equity dynamics, and Payment-in-Kind loan usage, arguing that Grizzly misused outdated data and misunderstood the underlying financial structures.

The most recent analyst rating on (CH:PGHN) stock is a Buy with a CHF1200.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.

More about Partners Group Holding AG

Partners Group is one of the largest firms in the global private markets industry, managing over USD 185 billion in assets with around 2,000 professionals worldwide. The Swiss-headquartered firm runs investment programs and mandates across private equity, private credit, infrastructure, real estate, royalties, and special opportunities, leveraging an operationally focused approach to build market-leading businesses and assets.

Average Trading Volume: 122,325

Technical Sentiment Signal: Sell

Current Market Cap: CHF22.01B

Learn more about PGHN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.