(LSE: PEYS/PEY)

Partners Group Private Equity Limited

NAV increases by 2.4% in October

·    NAV increased by 2.4% to EUR 14.58 per share; total net assets at EUR 1'008.1 million

·    Positive value creation (1.7%) and currency movements (1.1%)

·    PGPE Ltd received distributions of EUR 7.6 million

PGPE Ltd received distributions totaling 7.6 million, with EUR 2.3 million coming from Rosen Group, a global market and technology leader in mission-critical inspection services for energy infrastructure assets. PGPE Ltd acquired a stake in Rosen Group in March 2024 and the business has continued to perform strongly since then. On the back of healthy organic growth and deleveraging, the company completed a refinancing in October 2024 from which a portion of the proceeds were used to fund a distribution. Meanwhile, Partners Group and Rosen Group's board of directors have aligned on a slate of value creation initiatives, which are currently under way. The remaining balance was driven by legacy investments.

At a portfolio level, Forterro was among the largest value drivers due to its robust financial performance. Recently, the company acquired Germany-based Orgadata, a software provider for the global window, door, and façade industry. Orgadata's main solution, Logikal, enables firms to digitalize the manufacturing of windows, doors, and curtain walls at all levels. The transaction is expected to close in the first quarter of 2025 pending regulatory approvals. Partners Group continues to work with Forterro's management in transforming the platform into Europe's leading software provider to the industrial mid-market.

PGPE Ltd declared a second interim dividend of EUR 0.355, with a payment date of 13 December 2024. Together with the first interim dividend for 2024, which was paid in June, this translates into a dividend yield of 5.0% on the prior year closing NAV. The prospective dividend for FY24 is 7.0% based on the share price as of 31 October 2024.

Further information is available in the monthly report, which can be accessed via: https://www.partnersgroupprivateequitylimited.com/en/investor-relations/financial-reports/

Ends.

About Partners Group Private Equity Limited

PGPE Ltd (formerly Princess Private Equity Holding Limited) is an investment holding company founded in 1999 and domiciled in Guernsey. It invests in private equity direct investments. PGPE Ltd is managed in its investment activities by Partners Group, a global private markets investment management firm with USD 149 billion in investment programs under management in private markets, of which USD 76 billion is in private equity. PGPE Ltd aims to provide shareholders with long-term capital growth and an attractive dividend yield. PGPE Ltd is traded on the Main Market of the London Stock Exchange (ticker: PEY for the Euro Quote; PEYS for the Sterling Quote).

Contacts

Partners Group Private Equity Limited:

pgpe-ltd@partnersgroup.com

www.partnersgroupprivateequitylimited.com

Registered Number: 35241   LEI: 54930038LU8RDPFFVJ57

Notes:

1.     Note that references in this announcement to Partners Group Private Equity Limited have been abbreviated to "PGPE Ltd" or "Company". References to Partners Group AG have been abbreviated to "Partners Group" or "Investment Manager".

2.     This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Partners Group Private Equity Limited. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about and observe any such restrictions on the distribution of this document. In particular, this document and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.

3.     This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of PGPE Ltd' website nor the contents of any website accessible from hyperlinks on PGPE Ltd' website (or any other website) is incorporated into, or forms part of, this announcement.