It follows Savera’s hiring financial adviser Business Development Asia to sell a stake of approximately 75 per cent of the company, according to sources cited by Reuters.
If completed, the deal would be Swiss-based Partners’ first direct investment in China.
Savera was founded in 1967 and began its elevator solutions business in Europe but now generates 80 per cent of its revenue in China.
Partners Group opened its first office in Beijing in 2008.
The firm closed its third Direct Investments vehicle at its hard cap of €1.5bn in February this year.
Partners said the 2012-vintage fund would follow a global direct investment strategy across a diversified range of sectors, with a particular focus on the mid-market.
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