Partners Group shares slide as revenue falls; CEO David Layton steps down
Partners Group shares tumbled Tuesday after the Swiss asset manager reported falling revenue and named new leadership. Chief Executive David Layton will step down at the end of the year as private markets remain turbulent.
By Margot Patrick and Michael Hennessey Partners Group shares fell Tuesday after the Swiss asset manager reported lower revenue and named new leadership to help guide it through a volatile period for private markets. Chief Executive David Layton is stepping down at year-end to become ch…