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Partners Group sells stake in this private company to Hellman & Friedman

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Michelle deBoer-Jones
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Partners Group's Private Equity Master Fund posted gains for June. Class I was up 2.5%, while Class A was up 2.4%. For the second quarter, Class A was up 13%, while Class I was up 13.2%. However, they're in the red for the full year, with Class A down 2.1% and Class I down 1.8%.

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Partners Group

The fund made four new direct investments and completed three new primary commitments. The fund's size reached $5.8 billion last month.

Proceeds from Action sale

The PE Master Fund received proceeds from selling its minority equity stake in Action, which is Europe's top non-food discount retailer. The fund...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.