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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.

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By Margot Patrick and Michael HennesseyPartners Group shares tumbled Tuesday after the Swiss asset manager reported falling revenue and named new leadership to steady it through a turbulent stretch for private markets.Chief Executive David Layton is stepping down at the end of the year to become ch…