According to CoinMeta, Partners Group CEO David Layton responded in the Bloomberg Open Interest program to concerns regarding whether his promotion to CIO implied problems with the private market giants. He explained that the leadership change was unrelated to redemption pressures and stated that despite the industry slowdown, the company's market share in fundraising is increasing. In addition, he revealed that redemptions from long-term funds may continue over the next 12 to 18 months.