Partners Group Private Equity Fund, LLC
Monitor the tender results after the November 27, 2026 deadline to gauge member demand for liquidity; if oversubscribed, the Fund may prorate or extend the offer. The post-audit payment in mid-2027 will confirm final NAV adjustments.
Executive Summary
Partners Group Private Equity Fund, LLC is commencing a quarterly issuer tender offer to repurchase up to approximately 5.00% of its outstanding Units (about 342,142,609 Units, representing $729,300,000 in net asset value as of August 31, 2026) at NAV as of December 31, 2026. The offer provides liquidity to members in a closed-end fund with no secondary trading market, funded from cash on hand, portfolio sales, or borrowings. This is a routine quarterly repurchase, not a signal of undervaluation or a response to activist pressure.
Key Financial Metrics
Key Facts
- Fund offers to buy up to 5.00% of outstanding Units (342,142,609 Units) at NAV as of December 31, 2026
- Maximum aggregate purchase amount is $729,300,000 based on August 31, 2026 NAV
- Offer period: October 29, 2026 to November 27, 2026 (11:59 p.m. ET)
- Payment via non-interest-bearing promissory note: initial payment of at least 95% of unaudited NAV, plus post-audit contingent payment
- Early Repurchase Fee of 2.00% applies to Units held less than 12 months
- Units are not traded on any market; transfers are restricted
- Fund has conducted quarterly repurchase offers since inception (July 1, 2009)
- No recommendation made by Fund, Adviser, or Board of Managers to tender or not
- Funding sources: cash on hand, sale of securities, withdrawal proceeds from investee funds, or borrowings
- No plans for extraordinary transactions, changes in control, or material changes in business
Financial Impact
Up to $729,300,000 in cash returned to members, representing 5.00% of net assets as of August 31, 2026
Risk Factors
- If the Fund must liquidate portfolio holdings early to fund repurchases, it may realize losses or incur higher expenses
- Reduction in aggregate assets may increase expense ratios for remaining members and reduce diversification
- The offer may be cancelled or postponed if market conditions deteriorate or the Fund cannot liquidate holdings in an orderly manner
Documents Analyzed
This report is based on 13 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC TO-I Filing (Primary) | 0001398344-26-019042 |
| Document: fp0101544-4_ex9912b.htm | 0001398344-26-019042 |
| Document: fp0101544-4_sctoi.htm | 0001398344-26-019042 |
| Document: fp0101544-4_ex9912c.htm | 0001398344-26-019042 |
| Document: fp0101544-4_ex9912g.htm | 0001398344-26-019042 |
| Document: fp0101544-4_ex9912h.htm | 0001398344-26-019042 |
| Document: fp0101544-4_ex9912d.htm | 0001398344-26-019042 |
| Document: fp0101544-4_exfilingfees.htm | 0001398344-26-019042 |
| Document: fp0101544-4_ex9912e.htm | 0001398344-26-019042 |
| Document: fp0101544-4_ex9912a.htm | 0001398344-26-019042 |
| Document: 0001398344-26-019042-index-headers.html | 0001398344-26-019042 |
| Document: 0001398344-26-019042-index.html | 0001398344-26-019042 |
| Document: 0001398344-26-019042.txt | 0001398344-26-019042 |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers