We follow a thematic investing approach to building next-generation infrastructure. Our disciplined strategy seeks to create resilient portfolios that are capable of protecting returns across economic cycles. USD 26 billion total AuM in infrastructure. Our infrastructure investment strategy is designed to consistently generate attractive risk-adjusted returns over the long term while providing embedded downside risk mitigation. We follow a disciplined approach by identifying next-generation themes that offer growth based on secular market trends and investing in assets that exhibit strong infrastructure characteristics. We create value through building platforms, maintaining hands-on operational engagement, and implementing sustainability measures at the asset level.

We utilize the power of our global platform to build actively managed and diversified credit portfolios, employing rigorous due diligence to deliver consistent returns for our clients. Partners Group's debt investment philosophy is rooted in strong fundamental underwriting and active credit selection. In line with the firm’s private equity roots, Partners Group views each debt investment opportunity from an asset owner's perspective. Our goal is to act as a true partner to our portfolio companies and their sponsors, supporting business transformation and growth. Direct lending in first lien position to sponsor-backed middle and upper-middle market companies.

Partners Group’s private equity business has an established transformational investing approach that builds businesses differently. Our deep thematic research enables us to identify high conviction sub-sectors supported by resilient long-term global trends across four industry verticals: Technology, Health & Life, Goods & Products, and Services. Through our entrepreneurial governance approach, we partner with management teams to build a value creation plan around clearly defined strategic pillars. Proactively tracking assets and high conviction themes allows us to further expand our ownership of firms through early investments in value-creating, inflection secondary portfolios. By leveraging our platform of controlled assets and established network of General Partners, we can further identify attractive businesses and unlock value through our entrepreneurial co-ownership.

We have a global real estate platform with regional teams on the ground, which enables us to identify thematic growth trends and investment opportunities within different markets. We combine global thematic perspectives with local asset transformation to build resilient real estate portfolios that benefit from secular growth trends. Our research identifies high conviction growth themes through analysing our existing real estate portfolio and leveraging insights from portfolio companies across Partners Group's global private markets platform. At the portfolio level, we look to aggregate or reposition assets to build scalable real estate platforms that can achieve benefits of scale. Across all our investment and asset management activities, ESG considerations are firmly embedded in our due diligence and value creation approach, with a focus on occupant wellbeing.