Partners Grp Pvt Eqt - NAV increased by 2.1% in September

(LSE: PEY/PEYS)

Partners Group Private Equity Limited

NAV increased by 2.1% in September

·    NAV increased to EUR 14.08 per share, corresponding to EUR 973.7 million

·    Positive value creation (+2.6%) slightly offset by currency movements (-0.2%)

·    PGPE Ltd invested EUR 19.8 million during the month

·    As of 30 September 2025, PGPE Ltd had cash and cash equivalents of EUR 2.1 million and EUR 111 million undrawn credit facility

September delivered strong performance driven by value creation across portfolio companies. This performance, which also resulted in a NAV total return of 2.1%, was the primary contributor to the third quarter as the combined performance of July and August was broadly flat. The month also marked an important milestone for PGPE Ltd with its inclusion in the FTSE 250 index as of the close of business on Friday, 19 September 2025.

At the portfolio level, one of the largest value drivers was United States Infrastructure Corporation ("USIC"), a US-based provider of underground utility locating services. USIC's performance reflects improved cost efficiencies, the implementation of operational initiatives, and efficiency gains, as well as contributions from the acquisition of Heath Consultants' Advanced Gas Operations business. The company also advanced several key technology initiatives, including the rollout of Locate 360, a GPS-based data platform.

PGPE Ltd invested EUR 9.6 million in MPM Products ("MPM"), a UK-based global pet food company, in a transaction valuing the business at an enterprise value of approximately GBP 500 million. MPM is known for its premium wet cat food brands - Applaws, Reveal, and Encore - which are sold in over 50 countries through both e-commerce and retail channels. Partners Group will partner with MPM's management team to accelerate growth and transform the company into a global leader in premium wet cat food. The business plan focuses on expanding sales in core markets, entering new geographies, strengthening brand development, building e-commerce capabilities, and enhancing supply chain resilience.  

Additionally, PGPE Ltd invested EUR 4.0 million as part of a joint investment in a global leader in visibility and safety technologies for medium and heavy-duty trucks, trailers, and commercial vehicles. Together with its investment partners, Partners Group will support the company in leveraging its unique market position and channel relationships to build on its demonstrated track record of above-market organic growth, scale its fast-growing digital segment, and pursue selective value-adding acquisitions.

Ends.

About Partners Group Private Equity Limited

PGPE Ltd 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 over USD 174 billion in investment programs under management in private markets, of which USD 83 billion is in private equity. Partners Group itself is listed on the Swiss Stock Exchange (ticker: PGHN). 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 "the Company". References to Partners Group AG have been abbreviated to "Partners Group" or "the 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 are 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's website nor the contents of any website accessible from hyperlinks on PGPE Ltd's website (or any other website) are incorporated into, or form part of, this announcement.