# Princess Private Equity Holding

Princess Private Equity Holding is a Generic based in St Peter Port, Guernsey.

## Overview

- **Organization type:** Generic
- **Headquarters:** St Peter Port, Guernsey
- **Region:** Europe
- **Address:** St Peter Port, Guernsey
- **Founded:** 1999
- **Assets under management:** $700M – $1.1B (Altss estimate)
- **Website:** www.princess-privateequity.net

## Regulatory record

- **Reports private funds:** No

## About

Princess Private Equity Holding is a listed fund of funds manager based in St Peter Port, Guernsey. It manages approximately $761.82 million in assets across 234 funds, primarily focused on European investments.

## Sectors

- Enterprise Software
- Healthcare Services
- Industrial Tech
- FinTech
- Consumer

## Offices

- Zurich, Switzerland

## People

- Urs Wietlisbach — Co-Founder and Chairman of Partners Group, the firm's Investment Advisor

## Questions

### Who manages the investment portfolio for Princess Private Equity Holding?

Partners Group AG serves as the Investment Advisor and is responsible for portfolio management, sourcing, due diligence, and monitoring. Partners Group manages the vehicle through its dedicated investment solutions team, drawing on the firm's broader private markets platform. The advisory agreement is regularly reviewed by Princess's independent board of directors.

### How does Princess source its underlying investments?

As a client mandate managed by Partners Group, Princess benefits from the firm's global institutional sourcing funnel — over 1,000 investment professionals reviewing fund commitments, direct co-investments, and secondary opportunities across private equity. The investment advisor's established GP relationships in Europe and North America form the primary origination channel. No Princes-specific sourcing team exists; it relies entirely on Partners Group's platform.

### What is the difference between Princess and a typical private equity fund-of-funds?

The primary difference is liquidity. A standard fund-of-funds locks capital for 10–12 years with no secondary market. Princess trades daily on the LSE, offering a listed entry and exit. The trade-off is potential share price discounts to NAV. The second difference is the growing direct co-investment sleeve — the 2023 policy revision formally reduced reliance on layered fund commitments.

### How is Partners Group compensated for advising Princess?

Partners Group receives a management fee based on net asset value and a performance fee tied to exceeding a defined hurdle rate. The exact fee schedule is disclosed in the company's annual report and investor disclosures. The board of Princess regularly benchmarks this fee structure against comparable listed private equity vehicles to ensure alignment with shareholder interests.

### What investment stages and geographies does Princess target?

Princess allocates across buyout, growth equity, and venture capital, with the majority of exposure concentrated in North America and Western Europe. The vehicle has historically had limited exposure to Asia and emerging markets. Stage allocation is determined by Partners Group's macro views and the opportunity set within its broader platform, rather than a rigid top-down target.

## Related profiles

- [Prince Financial Advisory](https://altss.com/profile/prince-financial-advisory)
- [Princeton BioPharma Capital Partners](https://altss.com/profile/princeton-biopharma-capital-partners)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/princess-private-equity-holding

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