Partners Group Nears Critical 733 Euro Support as Co-Founder Fredy Gantner Fires Back at Short-Sellers

The sell-off in Partners Group shares shows no sign of easing. On Monday, the stock shed another 2.32 percent to close at 764.80 euros, bringing its year-to-date decline to nearly 30 percent. The rout has pushed the price perilously close to the 52-week low of 733.00 euros — a level touched on June 3 and now seen as the last meaningful line of defense on the charts.

While technicians fixate on that support zone, the company’s leadership is fighting its own battle. Co-founder Fredy Gantner went on the offensive this week, telling the SonntagsZeitung that the market’s reaction has been a “massive overreaction” to a problem it says is under control. Gantner acknowledged the firm needs to communicate “better and more proactively,” but flatly rejected allegations made by short-seller Grizzly Research. He noted that Partners Group has already refuted the claims and initiated legal proceedings. Bloomberg separately reported that Gantner characterized the short attack as baseless, framing the broader market anxiety as a sector-wide issue compounded by geopolitical uncertainty.

The drama traces back to a June 4 ad-hoc release. Partners Group disclosed that redemption requests for its Global Value SICAV had reached roughly 9.8 percent of net asset value, while a Delaware-domiciled vehicle saw buyback requests of about 6 percent. The firm is activating contractual liquidity limits — a quarterly cap of 5 percent for the SICAV — meaning investors won’t get back their full requested amounts. Despite the liquidity clamp, management reaffirmed its 2026 net inflow guidance of between 26 and 32 billion US dollars. However, the company now expects the evergreen platform to shave 1 to 2 percentage points off net AuM growth in the second half of 2026, an effect it also projects for the full year 2027.

Should investors sell immediately? Or is it worth buying Partners Group?

On the technical front, the picture remains deeply damaged. Partners Group shares trade well below both the 50-day moving average of 917.33 euros (a gap of roughly 17 percent) and the 200-day moving average of 1,040.68 euros (more than 26 percent below). Over the past 30 trading days the stock has fallen 20.58 percent; the past seven alone account for a 15.06 percent drop. The 14-day relative strength index has plunged to 26.0 points, firmly in oversold territory. Classic chart reading would see that as a potential springboard for a bounce, but the annualized 30-day volatility of 57.47 percent warns of violent swings in either direction. “A technical recovery is possible, but not necessarily the start of a trend reversal,” the primary analysis cautions, pointing to elevated short interest and battered sentiment as forces that could amplify a break of 733 euros.

Gantner’s pushback hasn’t stopped the slide, but his remarks underscore management’s determination to regain control. The next real test for investors comes on July 15, when Partners Group reports assets under management as of June 30 — the first hard data point since the redemption shock. Half-year results are due September 1. For the market, the decisive factor won’t be how loudly the founder defends the company, but whether outflows from the evergreen funds remain contained and the promised inflows materialize. Until then, the 733-euro level holds the key to whether the stock stabilizes or accelerates into another leg lower.

Ad

Partners Group Stock: New Analysis - 8 June

Fresh Partners Group information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.

Read our updated Partners Group analysis...

en | CH0024608827 | PARTNERS | boerse | 69500844 |