{
  "crd_number": 145228,
  "slug": "partners-group-usa-inc-new-york-ny-145228",
  "primary_business_name": "PARTNERS GROUP (USA) INC.",
  "legal_name": "PARTNERS GROUP (USA) INC.",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2007-11-23",
  "years_registered": 18,
  "period": "2026-10-01",
  "filing_date": "2026-07-28",
  "carried_forward": false,
  "raum_total": 29119490972.0,
  "raum_discretionary": 26953129312.0,
  "raum_non_discretionary": 2166361660.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 431,
  "advisory_employees": 250,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 6086644469.0,
      "count": 38,
      "description": "SEPARATELY MANAGED ACCOUNTS"
    },
    "charitable": {
      "raum": 39735374.0,
      "count": null,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 1145864724.0,
      "count": null,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 16547523557.0,
      "count": 4
    },
    "pension_profit_sharing": {
      "raum": 10202376.0,
      "count": null,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 4973304040.0,
      "count": 15
    },
    "corporations_other_businesses": {
      "raum": 41373465.0,
      "count": null,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 274842967.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "CO",
    "FL",
    "NY",
    "TX"
  ],
  "websites": [
    "https://bsky.app/profile/partnersgroup.bsky.social",
    "https://facebook.com/partnersgroupprivatemarkets",
    "https://instagram.com/partnersgroupglobal",
    "https://linkedin.com/company/partners-group",
    "https://partnersgroup.com",
    "https://threads.net/@partnersgroupglobal",
    "https://x.com/partnersgroup",
    "https://youtube.com/@partnersgroup3414"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145228",
  "disclosure_items": [
    {
      "item": "11.H(2)",
      "question": "Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?"
    }
  ],
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/partners-group-usa-inc-new-york-ny-145228",
  "display_name": "Partners Group (USA) Inc.",
  "summary": "Partners Group (USA) Inc. is an SEC-registered investment advisory firm in New York, NY, registered since 2007, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 28, 2026.",
  "citation": "AdvisorCensus. Partners Group (USA) Inc. (CRD 145228): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Partners Group (USA) Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Partners Group (USA) Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Partners Group (USA) Inc. located?",
      "a": "Partners Group (USA) Inc.'s principal office is in New York, NY, according to its Form ADV; the August 2026 filing also lists 3 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Partners Group (USA) Inc. registered with the SEC or a state?",
      "a": "Partners Group (USA) Inc. is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 145228."
    },
    {
      "q": "How much does Partners Group (USA) Inc. manage?",
      "a": "Partners Group (USA) Inc. reports $29,119,490,972 in regulatory assets under management in its Form ADV filing dated July 28, 2026 (93% discretionary)."
    },
    {
      "q": "How have Partners Group (USA) Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Partners Group (USA) Inc.: Regulatory assets under management: $12,661,623,176 in the October 2021 data and $29,119,490,972 in the October 2026 data, up 130%. Total employees: 333 in October 2021 and 431 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Partners Group (USA) Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: other (38); pooled investment vehicles (other than investment companies and business development companies) (15); investment companies (4)."
    },
    {
      "q": "Does Partners Group (USA) Inc. report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.H(2) (pending civil proceeding). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/145228"
    },
    {
      "q": "What changed in Partners Group (USA) Inc.'s recent Form ADV filings?",
      "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 12661623176.0,
      "total_employees": 333,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 17754426309.0,
      "total_employees": 345,
      "filing_date": "2022-06-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 21404110544.0,
      "total_employees": 410,
      "filing_date": "2023-05-25"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 23093576837.0,
      "total_employees": 443,
      "filing_date": "2024-05-24"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 27517369647.0,
      "total_employees": 449,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 29119490972.0,
      "total_employees": 431,
      "filing_date": "2026-07-28"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 267 to 250."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Item 11 disclosure answers changed: 1 yes answer, previously 0 (now yes: 11.H(2))."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/partners-group-usa-inc-new-york-ny-145228.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 4,
      "fewer_than_5": false,
      "raum": 16547523557.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 274842967.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 15,
      "fewer_than_5": false,
      "raum": 4973304040.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 10202376.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 39735374.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 1145864724.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 41373465.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 38,
      "fewer_than_5": false,
      "raum": 6086644469.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145228",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}