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PG3 Opportunities Fund

Innovating the Next Generation of Alternative Investments

About the Fund

The PG3 Opportunities Fund (the ‘Fund’) offers Australian investors an exclusive opportunity to invest alongside the founders of Partners Group in a highly diversified multi-strategy portfolio, which allocates across PG3’s three uncorrelated Royalty Finance, Legal Finance and Insurance Finance investment strategies.

Diversified by asset type, geography, vintage and sector, the Fund provides a highly diversified and unique strategy access point in an open-ended format, which better suits the underlying assets and avoids investors’ capital being locked up for an extended period.

Fund in focus

Co-Founder of PG3, Urs Wietlisbach, discusses the creation of PG3, its unique mandate and how an uncorrelated portfolio of royalty, insurance and legal finance has been a source of diversified and positive returns since inception.

Investment Sub-Strategies

Savings

Royalty Finance

Focuses on IP royalties such as pharmaceutical patents and music copyrights, sustainable environment initiatives like carbon offsets and water entitlements, and the energy transition such as US natural gas and 'green' metals.

Why Royalty Finance?

  • Stable, predictable cash flows linked to diversified revenue streams.
  • Low correlation with traditional markets, enhancing diversification.
  • Inflation-linked income streams provide a hedge against rising prices.
Gavel

Legal Finance

Includes acquiring or taking financial positions or commercial interests in claims and defences. This includes law firm lending and traditional litigation finance, supported by PG3’s experienced team, which has established a proven track record in the sector since 2015

Why Legal Finance?

  • Ethically and socially responsible, promoting access to justice.
  • High potential returns due to unique risk/return profiles.
  • Non-correlated asset class providing true diversification benefits.
Lock

Insurance Finance

Involves leveraging PG3’s fully regulated consolidation platforms to acquire large life run-off books in Europe. The team targets insurance portfolios with strong diversification and high potential for value growth, while also opportunistically allocating capital to natural catastrophe risks.

Why Insurance Finance?

  • Structured investments deliver consistent returns.
  • Diversified risk exposure across insurance contracts.
  • Proven track record of stability, even during economic downturns.

Fund Risks

There are a number of risks associated with investing in the Fund, including, but not limited to:

  • Market risk
  • Currency risk
  • Investment risk
  • Liquidity Risk

Please see section five of the Information Memorandum for more information about the Fund’s risks.

Key Team Members

Samuel Scherling

CEO of PG3 AG

Samuel Scherling co-founded PG3 in March 2013. He has managed Partners Group’s ILS portfolio since early 2008. Prior to that, he was head of P&C Risk Models & Metrics and deputy head of P&C Risk Management at Swiss Re (which he joined in 1991) and responsible for modeling all of Swiss Re’s non-life risks with CHF 18 billion in premium and CHF 70 billion in reserves. He was a founding member of Swiss Re’s Alternative Asset Re unit and Managing Director responsible for the modeling and underwriting of Swiss Re’s structured private equity transactions. In 2000 he was voted "Researcher/Analyst of the Year" by the Review Worldwide Reinsurance Magazine. He holds a master’s degree in Chemistry from the University of Berne.

Stephan Müller

CIO of PG3 AG

Dr. Stephan Müller joined the PG3 team in August 2016 as a Portfolio Manager, primarily responsible for strategic asset allocation and certain hedge fund strategies. Prior to that he was a portfolio manager for alternative investment strategies at GAM Capital Management Ltd and Alternative Beta Partners AG. Prior to that, he was a member of the alternative beta strategies with Partners Group AG. He began his career as an Analyst at Vescore Solutions AG. Stephan Muller holds an undergraduate degree in Mathematics from the University of Hagen, a master’s degree in Economics from the University of St. Gallen, as well as a doctorate from the department of Mathematics and Statistics at the University of St. Gallen.

Selina Ott

Head of Investor Relations

Selina Ott joined the PG3 team in October 2021. Previously, she worked at a Fintech Start-up as an SME underwriting professional, prior, she worked at Partners Group AG as a part of the Investment Solutions team for about 4 years. Selina holds a Bachelor’s degree in Economics from the University of Berne and a Master’s degree in Management and Economics/Banking and Finance from the University of Zurich.

Sandro Fritschi

Portfolio Manager Multi-Strategy

Sandro Fritschi joined the PG3 team in April 2019. Previously, he worked at responsibility Investments AG as Transaction Manager Restructuring and at Coutts & Co AG as a Market Risk Manager. Sandro holds a bachelor's and a master's degree in Banking and Finance from Zurich University of Applied Sciences, Switzerland. In addition, he is CAIA charter holder.

Fund Facts

Key Fund Information

Inception Date
September 2023
Fund
PG3 Opportunities Fund
APIR
DAM3370AU
Valuations
Quarterly
Applications
Quarterly
Redemptions
18-month hard lock up with quarterly redemptions thereafter upon 90 days’ notice, subject to a 5% fund level gate
Distributions
Annually
Management Fees and Costs
1.25% - 1.75% p.a.
Performance Fee
A performance fee will not be charged at the Fund level, although it may be charged at the Underlying Entity level, when applicable
Minimum Initial Investment
$50,000
Buy/Sell Spread
Nil
Currency
AUD (Hedged 40-100%)

Platform Availability

  • BT Panorama
  • Macquarie Wrap
  • Mason Stevens
  • Netwealth

Request Offer Documents

To access the offer documents, please email our Client Services team at: client.services@longreachalternatives.com

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