Partners Group signed a business alliance agreement with Mizuho Financial Group and Mizuho Trust & Banking Co. to develop and distribute global private equity and infrastructure products to the Japanese pension fund market, confirmed a spokesman for the firm.
The Zug, Switzerland-based global private markets manager, which has €30 billion ($40.9 billion) of assets under management, signed an agreement that allows the Japanese financial firm's pensions and money management subsidiary Mizuho Trust to offer selected investment products to its pension fund client base.
The deal is the result of a growing demand for private equity and infrastructure investment opportunities from Japanese pension funds, said Steffen Meister, partner and chairman of the business development committee of Partners Group Holding's board of directors, in a news release.
In addition to distributing Partners Group's private equity and infrastructure funds, Mizuho Trust and the Swiss manager will look at further collaboration and product development for Japanese institutional investors, according to the news release.
