Swiss private equity firm Partners Group AG will overhaul its management structure in a move it said would allow more of its senior partners to focus on investment- and client-related responsibilities.
Two people will join the company's executive committee: Juri Jenkner, who will take over sole responsibility for private infrastructure, and David Layton, who will become solely responsible for private equity.
Stephan Schäli will move from co-head of private equity to chief investment officer, remaining on the global executive board but leaving the executive committee. Brandon Prater will shift from co-head of private infrastructure to become chairman of the private infrastructure investment committee.
Andreas Baumann, head of integrated investments, will take responsibility for the firm's private equity secondary and primary business, leaving the executive committee and remaining on the executive board.
Mike Bryant will become co-head of private real estate alongside Claude Angéloz, who had had sole responsibility for the business. Angéloz will leave the executive committee and will focus more on the business development of the real estate practice, remaining on the executive board.
René Biner, who had been co-head of investments, will become chairman of the global investment committee, leaving the executive committee and remaining on the executive board. Yves Schneller, who had been head of legal and transaction services, will become head of investment services and join the executive board.
CFO Cyrill Wipfli will become co-head of portfolio management and a member of the global portfolio committee, leaving the executive committee and remaining on the executive board. The group finance and corporate development team, which is co-led by Manuel Ottinger and Philip Sauer, will absorb the CFO function and report directly to co-CEO André Frei.
Stefan Näf, head of client solutions, will spend more time on global client activities and team development, while Felix Haldner, head of investment structures, will focus on strategic client development in Europe. Both will leave the executive committee and remain on the executive board.
All the changes are effective July 1.