Partners Group Expands Tokenization Plans Amid Fee Pressure

RWA Signal Insight
InfrastructurePartners Group is actively exploring new growth avenues through a non-binding memorandum of understanding with the Abu Dhabi Projects and Infrastructure Centre to facilitate private-sector involvement in regional infrastructure and real estate. Simultaneously, the firm is leveraging blockchain technology by partnering with Soneium and Asseto to provide tokenized access to a $549 million royalties fund via ipUSD and IP Vault. These initiatives represent a strategic effort to broaden distribution channels and modernize transaction processing for private-market assets. While these developments signal a commitment to digital infrastructure, they do not currently represent secured capital commitments or guaranteed investment inflows. The firm faces concurrent pressure from fee reductions in its Global Value SICAV, where administrative fees are being cut by up to 75 basis points to maintain product competitiveness. Success for these tokenization efforts remains contingent on investor adoption and the conversion of exploratory discussions into formal mandates. Ultimately, these moves highlight the broader industry trend of traditional asset managers integrating blockchain to capture new liquidity amid tightening fee environments.
Key points
- Partners Group is tokenizing a $549 million royalties fund using Soneium and Asseto infrastructure.
- A non-binding MOU with Abu Dhabi Projects and Infrastructure Centre targets private-sector infrastructure investment.
- Global Value SICAV subfunds face fee reductions of up to 75 basis points until 2030.
- Partners Group raised $510 million for a private credit feeder vehicle from U.S. insurers.
Background
Partners Group is a Swiss-based global private markets investment manager that specializes in private equity, private debt, infrastructure, and real estate. The firm manages assets on behalf of institutional investors, focusing on direct investments and value creation within its portfolio companies. By exploring tokenization, the firm aims to digitize the distribution and administration of its complex private-market investment vehicles.