Partners Group, a private equity fund with $9.5 billion in assets under management, returned 3.3% for August in each of its share classes. For the first two months of the quarter, Class A was up 3%, while Class I gained 3.2%. Year to date, Class A has returned 16.9%, while Class I is up 17.4%. Q 2021 hedge fund letters, conferences and more Reedy Industries In August, Partners Group closed its acquisition of Reedy Industries, the second-largest independent provider of maintenance, repair and replacement services for commercial HVAC equipment, chilled water systems and building automation and controls. The fund sees…
Partners Group Closes Acquisition Of Reedy Industries
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.