Hood Lewis Randolph Jr 4
Research Summary
AI-generated summary
Partners Group Private Equity Fund Manager Hood Randolph Jr Buys Units
What Happened
Hood Lewis Randolph Jr, a manager of Partners Group Private Equity Fund, submitted a request to purchase 227,759.304 units at an estimated price of $2.20 per unit, for a total of approximately $501,070. The filing reports this as a purchase (code P), indicating an acquisition rather than a sale.
Key Details
- Transaction date: July 1, 2026; Filing date: July 2, 2026 (timely filing).
- Price and amount: 227,759.304 units at $2.20 per unit; total ≈ $501,070.
- Shares/units owned after transaction: Not explicitly stated in the filing; the post-transaction ownership amount is estimated in the filing using the issuer’s May 31, 2026 NAV (see footnote).
- Footnote: The reported unit amount, unit price and resulting ownership were estimated using the issuer’s May 31, 2026 net asset value because a more current NAV was not available at filing time. The filing notes the Reporting Person submitted a request to purchase units as of July 1, 2026.
- Transaction type: Subscription/private purchase of fund units (not a derivative exercise or gift).
Context
This appears to be a subscription-style purchase request for units of the fund, with values estimated from a prior NAV — common for private/closed-end fund purchases where NAV updates lag. Purchases by insiders can be viewed by investors as a positive signal, but the filing’s estimates and the subscription nature mean this is not the same as an immediate open-market buy; treat as factual disclosure rather than evidence of short-term intent.