Partners Group and private equity firm, Equity Trustees, plan to delist Partners Group Global Income Fund (ASX:PGG) from the ASX.

Despite the funds' attractiveness, PGG's market valuation is underperforming due to "significant discount to its net asset value," leading both parties to suggest that it "would more appropriately operate in an unlisted format".

The company's share price is up 9% on the news.