Economy · World
Partners Group Replaces CEO Amidst Private Market Challenges
Partners Group, a global private markets investment firm, has announced a leadership change with David Layton succeeding Urs Wietlisbach as Chief Executive Officer. This transition occurs as the company faces headwinds in the private markets, including investor concerns and a notable increase in fund redemptions. The firm's shares have been impacted by these market conditions. Layton, who previously led Partners Group's private equity business, will assume his new role to navigate these challenges.
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- Centre (2): Financial Times, The Wall Street Journal