Switzerland-headquartered Partners Group will be the strategic partner and portfolio manager of the new fund. DWS, Deutsche Bank’s asset management arm, will act as an Alternative Investment Fund Manager (AIFM). 

The fund is aimed at providing access to a well-diversified portfolio across regions, financing stages, and asset classes, including private equity, private credit, infrastructure, and real estate. The fund offers diversification across direct, co-investments, evergreen, primary, and secondary opportunities. It will invest in Partners Group-led solutions as well as in opportunities of other private markets managers.

"Private markets offer potential for long-term value creation and stability in client portfolios. With Partners Group as portfolio manager, clients will benefit from the deep expertise of the market leader in the evergreen area,” Claudio de Sanctis, head of the private bank at Deutsche Bank, said.

Schroders
UK-listed has rolled out its active exchange traded fund (ETF) capability in Europe, building on existing offerings for the US and Australia.

Schroder ETFs ICAV – Schroder Global Equity Active UCITS ETF will be listed on the XETRA Deutsche Borse on Friday, and will shortly be joined by Schroder ETFs ICAV – Schroder Global Investment Grade Corporate Bond Active UCITS ETF, the firm said in a statement yesterday. 

These listings will be followed by further listings on the London Stock Exchange, Borsa Italiana and SIX Swiss Exchange, Schroders said.

“We are building on the decade of experience we already have offering active ETFs by bringing two of our world-class equities and fixed income strategies to a broader audience, through European domiciled ETF wrappers,” Johanna Kyrklund, group chief investment officer, Schroders, said.

Schroders launched its first active ETFs in Australia in 2016, before launching its first active ETF in the US with its US partner Hartford Funds in 2018. 

Apollo
New York-listed has received regulatory authorisation to launch three new evergreen, semi-liquid European Long-Term Investment Funds (“ELTIFs”).

With these launches, Apollo’s Global Wealth business will have eight evergreen Luxembourg products available on its platform, it said in a statement yesterday. 

The funds:

-- Apollo European Private Credit ELTIF (AEPC ELTIF), an evergreen, semi-liquid fund that will seek to provide investors with attractive income from newly-originated, primarily first-lien, senior secured direct lending to large-cap and upper middle-market European companies; 

-- Apollo Global Diversified Credit ELTIF (AGDC ELTIF), an evergreen, semi-liquid fund that will seek to provide investors with attractive income through a global, multi-asset credit strategy. The fund is designed to invest dynamically across private credit sectors, including direct lending and asset-backed finance; and 

-- Apollo Global Private Markets ELTIF (AGPM ELTIF), an evergreen, semi-liquid fund that will seek to provide investors with long-term capital appreciation by investing in private companies globally via secondaries and co-investments sourced across the Apollo platform.

Apollo expects to bring the ELTIFs to market in the coming months via the Apollo Private Markets Umbrella SICAV, having received authorisation from Luxembourg’s Commission de Surveillance du Secteur Financier (“CSSF”). 

The three new products will be launched under the ELTIF 2.0 fund regime.

Apollo’s global wealth business reported $9 billion in inflows in the first half of 2025, across 18 separate strategies. As of 30 June 2025, Apollo had about $840 billion of assets under management.