Post by Tenzin Partners

A shift in succession planning is underway at one of Europe’s leading private equity firms. Urs Wietlisbach, one of the three billionaire founders of Partners Group Holding AG, is carving out an independent unit within the founders’ family office, PG3 AG, which has managed their wealth for over a decade. The new entity will be led by Jascha Forster, currently chief investment officer at Spectrum Value Management Ltd, the family office of Swiss billionaire Thomas Schmidheiny. The move is seen as an early step in Wietlisbach’s succession planning. Source: Bloomberg #PrivateEquity #FamilyOffice #SuccessionPlanning #Billionaires #PartnersGroup #WealthManagement