#1345

Marcel Erni

Switzerland 61 years old Self-Made

Overview

Source of Wealth
Private equity
Residence
Zug

Assets

  • Partners Group Holding AG
    1,341,000 shares @ -
    -
    PGHN-CH

Biography

Marcel Erni is the cofounder of Partners Group, a Swiss private equity firm with more than $131 billion in assets under management.

He started Partners Group in 1996 with fellow billionaires Alfred Gantner and Urs Wietlisbach; the trio had all worked at Zurich's Goldman Sachs.

The firm was reportedly created in a 300-square-foot office with Ikea desks, with its founders pooling together $100,000 for its startup capital.

Partners Group went public in Switzerland a decade later, and Erni still owns roughly 5% of the stock.

The University of Chicago alum also did a stint at McKinsey & Co. and has a PhD in finance and banking from the University of St. Gallen, Switzerland.

About

In 2021, Partners Group banned its staff from using the word "deal," asking them to think more like founders and less like short-term investors.