Fitch Confirms Partners Group's Rating, Outlook on Established, Diversified Franchise

Fitch maintained the long-term issuer default rating of Partners Group (PGHN.SW) at A-, with a stable outlook, according to a Friday release. The key drivers of the rating include the Swiss private equity company's established, diversified franchise, as well as adequate leverage and a high payout ratio. The rating agency, however, flagged that an uptick in mergers and acquisitions could be delayed by the "challenging" investment backdrop for alternative investment managers.