Partners Group, a Swiss private market investor, exceeded analysts' expectations last year. The asset manager has increased the number of staff by more than 10 percent.
Assets under management at Zug-based Partners Group rose 18 percent to 54.2 billion euros in 2016, about 1 billion more than analysts had expected.
The company attracted 9.2 billion euros in new money, after 8.4 billion a year earlier, it said in a statement today.
The asset managers of Partners Group invested $11.7 billion last year, up from $9.7 billion a year earlier. The company added 90 employees to its payroll last year and reached a total of 930, based at 20 offices worldwide.
Strong Demand Expected
Partners Group expects continued strong customer demand this year and new assets of 8 to 10 billion euros.
The company will publish the full-year results on March 21, 2017. Partners Group is listed on the Swiss stock exchange.
