Partners Group has closed its debut infrastructure secondaries fundraising effort, securing $5.5 billion in total capital commitments.

The capital comprises $1.7 billion for a dedicated fund, surpassing its initial $750 million target, alongside $3.8 billion raised through bespoke mandates.

The Swiss asset manager's inaugural secondaries vehicle focuses on acquiring infrastructure assets from other investors, providing liquidity to limited partners seeking to rebalance portfolios. The fund's oversubscription signals strong institutional appetite for infrastructure secondaries.

Partners Group's established direct infrastructure platform, which recently raised $15 billion for its fourth programme, underpinned investor confidence in the firm's secondaries strategy. The firm plans to deploy capital across core and value-add infrastructure opportunities globally.