Partners Group's flagship US retail fund more than doubled the number of redemption applications in the third quarter compared to the second quarter. The Swiss group's US private equity parent fund revealed on Thursday that the redemption application amount for the third quarter was US$2.2 billion, equivalent to 15% of the fund's net assets. Partners received only $900 million in redemption applications in the second quarter, accounting for about 6% of the fund's assets at the time. The group exercised the right to limit redemptions to 5% in both the second and third quarters.

Partners Group's flagship US retail fund more than doubled the number of redemption applications in the third quarter compared to the second quarter. The Swiss group's US private equity parent fund revealed on Thursday that the redemption application amount for the third quarter was US$2.2 billion, equivalent to 15% of the fund's net assets. Partners received only $900 million in redemption applications in the second quarter, accounting for about 6% of the fund's assets at the time. The group exercised the right to limit redemptions to 5% in both the second and third quarters.