Asset manager · New York, NY
Partners Group (USA) Inc.
SEC-registered investment adviser · CRD 145228 · SEC 801-68463
At a glance
Partners Group (USA) Inc. is an SEC-registered investment adviser based in New York, New York, with $29.1 billion in regulatory assets under management as of its Form ADV filed July 28, 2026. Its largest client group by assets is investment companies. By Form ADV it is a asset manager, ranked 304th of 3,218 asset managers and 672nd of 17,210 SEC-registered advisers by assets.
Main office 212-908-2600partnersgroup.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $29B
- Rank among asset managers
- #304 of 3,218
- Rank among all SEC RIAs
- #672 of 17,210
- Rank in New York
- #179 of 2,591
- Clients
- 58
- Accounts
- 65
- Discretionary
- 93% of AUM
- Employees
- 431
- Advisory staff
- 250
- Offices
- 4
Owners and executives on its Form ADV
- Erin D. NelsonChief Compliance Officer
- Anne L. TrevisanDirector
- Joel A. LarkinsDirector
- Helen FloodDirector
- Lisa B. LyleDirector, Secretary
- Robert M. CollinsDirector, Chairman
Custody and brokerage
Custodian
Partners Group (USA) Inc.’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Partners Group (USA) Inc. is a hybrid RIA: 57 of its employees are also registered representatives of a broker-dealer.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 4 | $17B | 57% |
| Other | 38 | $6.1B | 21% |
| Pooled investment vehicles | 15 | $5.0B | 17% |
| State or municipal government entities | – | $1.1B | 4% |
| Business development companies | 1 | $275M | <1% |
| Corporations or other businesses | – | $41M | <1% |
| Charitable organizations | – | $40M | <1% |
| Pension and profit sharing plans | – | $10M | <1% |
Private funds
Partners Group (USA) Inc. reports 6 private funds with $4.3B in gross assets: private equity funds, real estate funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Partners Group (USA) Inc. answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗partnersgroup.com ↗
AtlasMembers
The full record on Partners Group (USA) Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 378 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Partners Group (USA) Inc. manage?
Partners Group (USA) Inc. reports $29.1 billion in regulatory assets under management across 65 accounts, 93% of it on a discretionary basis, on its Form ADV filed July 28, 2026.
What kind of firm is Partners Group (USA) Inc.?
Partners Group (USA) Inc. is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Partners Group (USA) Inc.’s clients?
By assets, its largest client types are investment companies ($16.5 billion, 4 clients); other ($6.1 billion, 38 clients); pooled investment vehicles ($5.0 billion, 15 clients).
Does Partners Group (USA) Inc. manage private funds?
Yes. It reports 6 private funds with $4.3 billion in gross assets, including private equity funds, real estate funds, other private funds.
Does Partners Group (USA) Inc. have any disciplinary history?
Partners Group (USA) Inc. answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Partners Group (USA) Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-28), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →