Partners Group is one of a number of private market investment firms that has become involved in the "evergreen," aka perpetual, fund structure as a way of entering this area. It has also been expanding its teams in the US.

Partners Group, the private markets investment firm with more than $150 billion in AuM, has appointed Anastasia Amoroso as managing director and chief investment strategist for private wealth and retirement. She will be joining the firm at the end of June, based in New York.

Prior to this, Amoroso worked at iCapital, where she had been chief investment strategist for the past four years. Before this, she served in senior roles in investment strategy and portfolio management at JP Morgan and Merrill Lynch.

Partners Group has made several recent senior hires: In February, Phil Shankweiler joined as managing director and head of RIA sales; he had been at Starwood Capital Group, where he was head of RIA and multi-family office fundraising. Prior to that, he served in a series of leadership roles in fundraising at Hartford Funds. 

Heather Grubbs joined as MD and global head of private wealth marketing, based in Denver. Among Grubbs’ previous roles she has been head of marketing communications at Global Endowment Management, and MD in marketing at Ares Wealth Management Solutions.

The firm says it is a prominent player in what are called “evergreen” funds – open-ended funds that, unlike conventional private equity, don’t have a pre-set exit date, drawdowns and capital calls.

In September 2024, Partners Group announced a strategic partnership with BlackRock to launch a model portfolio solution streamlining retail wealth access to private equity, private credit, and real assets. In other examples, Blackstone, Carlyle and KKR – prominent players in the private markets space – have targed the wealth management segment as a source of capital.