Swiss private markets manager Partners Group has reported a 13% year-on-year decline in first-half net profit, while announcing a leadership change that will see Roberto Cagnati and Juri Jenkner take over as co-CEOs from January 2027, according to a report by Reuters.
The firm generated net profit of CHF502m ($620m) for the six months to the end of June, as continued uncertainty surrounding its open-ended investment vehicles weighed on the business and its share price.
David Layton, who currentl...
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