Partners Group chooses Alter Domus as global outsourcing partner
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Partners Group chooses Alter Domus as global outsourcing partner 18 September 2024US Reporter: Jack McRae
Image: stock.adobe.com/Celt Studio
Alter Domus has been selected by Partners Group to become their global outsourcing partner.
Through the partnership, Alter Domus will offer a broad range of operational functions for Partners Group’s closed-end product offerings — these include investment solutions across the US, Europe and Asia.
Alter Domus will focus on co-creating bespoke operating models tailored to the priorities of individual investment managers. Andreas Knecht, chief operations officer at Partners Group, highlights this as the key factor behind the partnership.
He explains: "We selected Alter Domus as a global outsourcing partner after a rigorous selection process in which they impressed with their ability to tailor their services to Partners Group's suite of bespoke client solutions."
The companies have also agreed to a joint investment in a bespoke technology roadmap, and joint governance dedicated to the relationship.
Alter Domus’s CEO, Doug Hart, comments: “[Alter Domus] will help Partners Group to focus on their core investment management strengths. Aligning with Partners Group’s growth ambitions is no small task, we are honoured to be selected as their private market services partner.”
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