The Partners Group, a Swiss alternative investments manager, is expanding into Italy. In a new deal, Partners has linked with Italian firm Poli e Associati and other professionals to form Perennius Capital Partners. Partners will act as exclusive asset manager for Perennius. The operation will be based in Milan and will sell private market investment products in Italy. Marcel Erni, who represents Partners Group on the Perennius Capital Partners board of directors, said: “Perennius Capital Partners provides us with a unique opportunity to offer our alternative investment solutions to the Italian institutional market, starting with private equity investments. We are convinced that the Perennius Capital Partners team has an excellent network and unique access to local investors. Through their prior activities in the Italian M&A, advisory and private equity transactions business the team members have acquired the necessary expertise to serve the Italian clients in this asset class." Partners Group has SFr22 billion ($19 billion) under management in private equity, private debt, private real estate, listed alternative strategies, hedge funds and alternative beta strategies.