Partners Group has closed a $1bn private credit mandate with a major Asian institutional investor. The Swiss-based manager will deploy the capital through a blend of discretionary capital and co-investment, structured as an open-ended, evergreen fund. This vehicle provides flexible, long-term exposure to the asset class across Asia-Pacific rather than fixed-term commitments.

The mandate targets senior and junior direct lending opportunities, aiming to build a diversified portfolio of high-quality credits across sectors and jurisdictions. The deal underscores deepening regional investor allocations to private credit strategies in the Asia-Pacific market. Partners Group emphasized the mandate aligns with growing demand for tailored credit solutions in emerging markets. The open-ended structure enables sustained capital deployment, reflecting confidence in the region's credit opportunities.