# EDGAR Filing Document

**Accession Number:** 0001989393
**File Stem:** 0001410368-25-032774
**Filing Date:** 2025-11
**Character Count:** 28839
**Document Hash:** 6957e34b09f690cc757e3a6f2768be89
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-032774.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0001410368-25-032774

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PARTNERS GROUP NEXT GENERATION INFRASTRUCTURE, LLC
- **CENTRAL INDEX KEY:** 0001989393

**ORGANIZATION NAME:**
- **EIN:** 931569985
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23938
- **FILM NUMBER:** 251532096

**BUSINESS ADDRESS:**
- **STREET 1:** C/O PARTNERS GROUP (USA) INC.
- **STREET 2:** 1114 AVENUE OF THE AMERICAS, 37TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 2129082600

**MAIL ADDRESS:**
- **STREET 1:** C/O PARTNERS GROUP (USA) INC.
- **STREET 2:** 1114 AVENUE OF THE AMERICAS, 37TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Partners Group Next Generation Infrastructure LLC
- **DATE OF NAME CHANGE:** 20230809

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Partners Group Next Generation Infrastructure LLC

- **b. Investment Company Act file number:** 811-23938

- **c. CIK number of Registrant:** 0001989393

- **d. LEI of Registrant:** 5493000MHFEBK9HFVF59

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1114 AVENUE OF THE AMERICAS

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 212-908-2600

**Item A.2. Information about the Series.**

- **a. Name of Series:** Partners Group Next Generation Infrastructure LLC

- **c. LEI of Series:** 5493000MHFEBK9HFVF59

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $176794064.08

**Total Liabilities:** $8443604.90

**Net Assets:** $168350459.18

**Cash Not Reported:** $478152.00

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.00%                | 1.72%                | 0.59%                |
| Class ID N/A | -0.02%               | 1.69%                | 0.56%                |
| Class ID N/A |  | 1.70%                | 0.57%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7646.70                 | $-330585.28                                |
| Month 2  | $15365.34                | $3880316.60                                |
| Month 3  | $19959.15                | $2252615.81                                |

### Schedule of Portfolio Investments

| Name                                                   | Title                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ENCAP FLATROCK MIDSTREAM III                           | ENCAP FLATROCK MIDSTREAM III                           | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |     97622 | OU      | $128422.82    | 0.08%             |  |  |  | Yes           | N/A                | On Loan: No      |
| EDGECORE DIGTAL INFRASTRUCTURE                         | EDGECORE DIGTAL INFRASTRUCTURE                         | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    852793 | OU      | $1121456.01   | 0.67%             |  |  |  | Yes           | 3                  | On Loan: No      |
| BLACKROCK TREASURY TRUST 062                           | BLACKROCK TREASURY TRUST 062                           | CUSIP: 09248U551<br>LEI: 549300U5PI8CHFJM7202 | Long             | STIV             | CORP              | US        |  22498138 | OU      | $22498137.71  | 13.36%            |  |  |  | No            | 1                  | On Loan: No      |
| True Green Capital Fund III, L.P.                      | True Green Capital Fund III, L.P.                      | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |     53212 | OU      | $77071.99     | 0.05%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Peppertree Capital Fund IX                             | Peppertree Capital Fund IX                             | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   7387937 | OU      | $9111919.92   | 5.41%             |  |  |  | Yes           | 3                  | On Loan: No      |
| MML KEYSTONE I                                         | MML KEYSTONE I                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |    177443 | NS      | $362238.17    | 0.22%             |  |  |  | Yes           | 3                  | On Loan: No      |
| FORGE OPPORTUNITY L.P.                                 | FORGE OPPORTUNITY L.P.                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1145955 | NS      | $1145955.00   | 0.68%             |  |  |  | Yes           | 3                  | On Loan: No      |
| EXUS NORTH AMERICA (SEP 24)                            | EXUS NORTH AMERICA (SEP 24)                            | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    691442 | OU      | $761791.90    | 0.45%             |  |  |  | Yes           | 3                  | On Loan: No      |
| ARROYO INVESTORS FUND IV                               | ARROYO INVESTORS FUND IV                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1431010 | NS      | $1475813.05   | 0.88%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Rockland Gridflex Partners                             | Rockland Gridflex Partners                             | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    128806 | OU      | $255321.78    | 0.15%             |  |  |  | Yes           | 3                  | On Loan: No      |
| PEPPERTREE CAPITAL FUND IX                             | PEPPERTREE CAPITAL FUND IX                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    849119 | NS      | $968208.60    | 0.58%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Peppertree Capital Fund VI QP, LP                      | Peppertree Capital Fund VI QP, LP                      | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   3099950 | OU      | $4154944.20   | 2.47%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Peppertree Capital Fund VIII QP, LP                    | Peppertree Capital Fund VIII QP, LP                    | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   1974511 | OU      | $2674532.09   | 1.59%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Fengate Everest Continuation Fund L.P.                 | Fengate Everest Continuation Fund L.P.                 | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   1440438 | OU      | $1388716.97   | 0.82%             |  |  |  | Yes           | 3                  | On Loan: No      |
| LS Power Equity Partners IV, L.P.                      | LS Power Equity Partners IV, L.P.                      | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |     92591 | OU      | $282091.28    | 0.17%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Rockland Power Partners II, LP                         | Rockland Power Partners II, LP                         | CUSIP: 000000000<br>LEI: 549300DOVX7E638FYJ69 | Long             |  | CORP              | US        |         1 | OU      | $0.27         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| LS POWER EQUITY III FEEDER 1                           | LS POWER EQUITY III FEEDER 1                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    374173 | NS      | $506621.46    | 0.30%             |  |  |  | Yes           | 3                  | On Loan: No      |
| STONEPEAK INFRA FUND V LP                              | STONEPEAK INFRA FUND V LP                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9016 | NS      | $3982.00      | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| State Street Bank International GmbH                   | PURCHASED USD / SOLD EUR                               | CUSIP: 000000000<br>LEI: ZMHGNT7ZPKZ3UFZ8EO46 | N/A              | DFE              |  | US        |         1 | NC      | $2882.81      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Rockland Power Partners IV, LP                         | Rockland Power Partners IV, LP                         | CUSIP: 000000000<br>LEI: 549300HWHJTHTJOS6M72 | Long             |  | CORP              | US        |    955231 | OU      | $1159865.13   | 0.69%             |  |  |  | Yes           | 3                  | On Loan: No      |
| GI Data Infrastructure Fund II LP                      | GI Data Infrastructure Fund II LP                      | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    369196 | OU      | $395029.09    | 0.23%             |  |  |  | Yes           | 3                  | On Loan: No      |
| MIDDLE RIVER POWER                                     | MIDDLE RIVER POWER                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  10698529 | NS      | $10698529.41  | 6.35%             |  |  |  | Yes           | 3                  | On Loan: No      |
| State Street Bank International GmbH                   | PURCHASED USD / SOLD GBP                               | CUSIP: 000000000<br>LEI: ZMHGNT7ZPKZ3UFZ8EO46 | N/A              | DFE              |  | US        |         1 | NC      | $17698.72     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| PG Elysium HoldCo S.a.r.l.                             | PG Elysium HoldCo S.a.r.l.                             | CUSIP: 000000000<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | ES        |   6592367 | NS      | $1423992.76   | 0.85%             |  |  |  | Yes           | 3                  | On Loan: No      |
| State Street Bank International GmbH                   | PURCHASED GBP / SOLD USD                               | CUSIP: 000000000<br>LEI: ZMHGNT7ZPKZ3UFZ8EO46 | N/A              | DFE              |  | GB        |         1 | NC      | $-3.39        | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Daiwa ICP European Infrastructure 1, L.P.              | Daiwa ICP European Infrastructure 1, L.P.              | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | GB        |   1153751 | OU      | $1703950.36   | 1.01%             |  |  |  | Yes           | 3                  | On Loan: No      |
| KKR GLOBAL INFRA INV V SCSP                            | KKR GLOBAL INFRA INV V SCSP                            | CUSIP: 000000000<br>LEI: 254900B3EELU1EIYOO58 | Long             | EC               | CORP              | US        |         0 | NS      | $0.04         | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| True Green Capital Fund IV, L.P.                       | True Green Capital Fund IV, L.P.                       | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    184742 | OU      | $217316.46    | 0.13%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Jackrabbit Power Holdings, LLC                         | Jackrabbit Power Holdings, LLC                         | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    138902 | OU      | $263672.95    | 0.16%             |  |  |  | Yes           | 3                  | On Loan: No      |
| POWERTRANSITIONS LLC                                   | POWERTRANSITIONS LLC                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         0 | NS      | $630603.94    | 0.37%             |  |  |  | No            | 3                  | On Loan: No      |
| PG Polaris Warehouse SCSp                              | PG Polaris Warehouse SCSp                              | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |     37427 | OU      | $55097.48     | 0.03%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Digital Infrastructure Vehicle II SCSp SICAV-RAIF      | Digital Infrastructure Vehicle II SCSp SICAV-RAIF      | CUSIP: 000000000<br>LEI: 529900HF4FCXLTS0ZD74 | Long             |  | CORP              | LU        |   3284114 | OU      | $4676310.25   | 2.78%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Grain Spectrum Holdings III (Cayman), L.P.             | Grain Spectrum Holdings III (Cayman), L.P.             | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    152216 | OU      | $179094.95    | 0.11%             |  |  |  | Yes           | 3                  | On Loan: No      |
| DigitalBridge Zeus Partners V                          | DigitalBridge Zeus Partners V                          | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   5479929 | OU      | $7084342.61   | 4.21%             |  |  |  | Yes           | 3                  | On Loan: No      |
| LS Power Equity Partners V, L.P.                       | LS Power Equity Partners V, L.P.                       | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    477618 | OU      | $609326.89    | 0.36%             |  |  |  | Yes           | 3                  | On Loan: No      |
| F2I III                                                | F2I III                                                | CUSIP: 000000000<br>LEI: 549300TF60OEK4FPPC44 | Long             |  | CORP              | IT        |   1042760 | OU      | $2379756.43   | 1.41%             |  |  |  | Yes           | 3                  | On Loan: No      |
| LS Power Equity Partners III Feeder 3, L.P.            | LS Power Equity Partners III Feeder 3, L.P.            | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |     93608 | OU      | $229129.57    | 0.14%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Grain Communications Opportunity Fund (Parallel), L.P. | Grain Communications Opportunity Fund (Parallel), L.P. | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    108173 | OU      | $107113.98    | 0.06%             |  |  |  | Yes           | 3                  | On Loan: No      |
| ERA BLADE CONTINU FUND PARA LP                         | ERA BLADE CONTINU FUND PARA LP                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    715131 | NS      | $715130.81    | 0.42%             |  |  |  | Yes           | 3                  | On Loan: No      |
| LS POWER III1                                          | LS POWER III1                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2792620 | NS      | $5272296.76   | 3.13%             |  |  |  | Yes           | 3                  | On Loan: No      |
| QNZPF US CO INV VEHICLE                                | QNZPF US CO INV VEHICLE                                | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   1018312 | OU      | $1304516.31   | 0.77%             |  |  |  | Yes           | 3                  | On Loan: No      |
| State Street Bank International GmbH                   | PURCHASED USD / SOLD EUR                               | CUSIP: 000000000<br>LEI: ZMHGNT7ZPKZ3UFZ8EO46 | N/A              | DFE              |  | US        |         1 | NC      | $17463.75     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| DigitalBridge Partners II, LP                          | DigitalBridge Partners II, LP                          | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   8214467 | OU      | $10125144.20  | 6.01%             |  |  |  | Yes           | 3                  | On Loan: No      |
| GATEWAY FLEETS HOLDINGS LP                             | GATEWAY FLEETS HOLDINGS LP                             | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |     56554 | OU      | $61834.39     | 0.04%             |  |  |  | Yes           | 3                  | On Loan: No      |
| PG Polaris TopCo S.a.r.l.                              | PG Polaris TopCo S.a.r.l.                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97065 | NS      | $833747.51    | 0.50%             |  |  |  | Yes           | 3                  | On Loan: No      |
| DIV II Matrix Co-Invest SCSp                           | DIV II Matrix Co-Invest SCSp                           | CUSIP: 000000000<br>LEI: 529900SZSCO5A406V866 | Long             |  | CORP              | LU        |   2871609 | OU      | $5419833.05   | 3.22%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Arroyo Dunamis Direct Investment I-B L.P.              | Arroyo Dunamis Direct Investment I-B L.P.              | CUSIP: 000000000<br>LEI: 9845008457DB3860A558 | Long             | EC               | CORP              | US        |   1820113 | NS      | $3366769.01   | 2.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| DIV II MATRIX CO INV II SCSP                           | DIV II MATRIX CO INV II SCSP                           | CUSIP: 000000000<br>LEI: 529900SZSCO5A406V866 | Long             |  | CORP              | LU        |   1147222 | OU      | $2147044.39   | 1.28%             |  |  |  | Yes           | 3                  | On Loan: No      |
| ARROYO INVESTORS FUND IV LP                            | ARROYO INVESTORS FUND IV LP                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2839305 | NS      | $2928200.52   | 1.74%             |  |  |  | Yes           | 3                  | On Loan: No      |
| PG Polaris TopCo S.a.r.l.                              | PG Polaris TopCo S.a.r.l.                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1843991 | NS      | $1679593.61   | 1.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| EnCap Energy Transition Fund II-C, L.P.                | EnCap Energy Transition Fund II-C, L.P.                | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    491119 | OU      | $447223.91    | 0.27%             |  |  |  | Yes           | 3                  | On Loan: No      |
| ENCAP FLATROCK MIDSTREAM FD IV                         | ENCAP FLATROCK MIDSTREAM FD IV                         | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    286117 | OU      | $338936.00    | 0.20%             |  |  |  | Yes           | N/A                | On Loan: No      |
| GI ZEUS HOLDINGS A L.P.                                | GI ZEUS HOLDINGS A L.P.                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    969275 | NS      | $969275.00    | 0.58%             |  |  |  | Yes           | 3                  | On Loan: No      |
| ETECK                                                  | ETECK                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |    651648 | NS      | $914664.62    | 0.54%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Aparca8 Capital Estacionamientos, S.C.R., S.A.         | Aparca8 Capital Estacionamientos, S.C.R., S.A.         | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | ES        |   2303610 | OU      | $4104842.22   | 2.44%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Peppertree Capital Fund VII QP, LP                     | Peppertree Capital Fund VII QP, LP                     | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   3212803 | OU      | $4266782.86   | 2.53%             |  |  |  | Yes           | 3                  | On Loan: No      |
| QUINBROOK NET ZERO POWER FUND                          | QUINBROOK NET ZERO POWER FUND                          | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | Long             |  | CORP              | US        |   1088117 | OU      | $1224835.58   | 0.73%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Birdie Holdco Limited                                  | Birdie Holdco Limited                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    468887 | NS      | $809318.99    | 0.48%             |  |  |  | Yes           | 3                  | On Loan: No      |
| EQT Infra VI Co-Investment (E) SCSp                    | EQT Infra VI Co-Investment (E) SCSp                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1400000 | NS      | $1454209.69   | 0.86%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Rockland Power Partners III, LP                        | Rockland Power Partners III, LP                        | CUSIP: 000000000<br>LEI: 549300XP9EELAPBN6N86 | Long             |  | CORP              | US        |    161750 | OU      | $209109.02    | 0.12%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Valley of Fire Continuation Fund Feeder LP             | Valley of Fire Continuation Fund Feeder LP             | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    728864 | OU      | $965278.35    | 0.57%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Rockland Power Partners IV, LP                         | Rockland Power Partners IV, LP                         | CUSIP: 000000000<br>LEI: 549300HWHJTHTJOS6M72 | Long             |  | CORP              | US        |    410204 | OU      | $494717.88    | 0.29%             |  |  |  | Yes           | 3                  | On Loan: No      |
| PG NEXT GEN INFRA POWER, LLC                           | PG NEXT GEN INFRA POWER, LLC                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  10337182 | NS      | $17455975.00  | 10.37%            |  |  |  | No            | 3                  | On Loan: No      |
| Rockland PHR Partners, LP                              | Rockland PHR Partners, LP                              | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   4861130 | OU      | $10699143.05  | 6.36%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Exus US Holdings, LP                                   | Exus US Holdings, LP                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   2000000 | OU      | $2908282.00   | 1.73%             |  |  |  | Yes           | 3                  | On Loan: No      |
| State Street Bank International GmbH                   | PURCHASED USD / SOLD GBP                               | CUSIP: 000000000<br>LEI: ZMHGNT7ZPKZ3UFZ8EO46 | N/A              | DFE              |  | US        |         1 | NC      | $-2478.04     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| BOLT ENERGY, LLC                                       | BOLT ENERGY, LLC                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    441034 | NS      | $432984.69    | 0.26%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Rockland Power Partners IV, LP                         | Rockland Power Partners IV, LP                         | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |   2658964 | OU      | $3211898.03   | 1.91%             |  |  |  | Yes           | 3                  | On Loan: No      |
| DIGITALBRIDGE PARTNERS III                             | DIGITALBRIDGE PARTNERS III                             | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        |    412629 | OU      | $381171.04    | 0.23%             |  |  |  | Yes           | 3                  | On Loan: No      |
| GRIDIRON ENERGY LLC                                    | GRIDIRON ENERGY LLC                                    | CUSIP: 000000000<br>LEI: 549300RV7JT1M77MFB25 | Long             |  | CORP              | US        |   5377935 | OU      | $17279176.92  | 10.26%            |  |  |  | Yes           | 3                  | On Loan: No      |
| Andromeda Co-Invest LP                                 | Andromeda Co-Invest LP                                 | CUSIP: 000000000<br>LEI: 213800U814J56MEZ3H04 | Long             |  | CORP              | GB        |   2342968 | OU      | $3908242.97   | 2.32%             |  |  |  | Yes           | 3                  | On Loan: No      |
| State Street Bank International GmbH                   | PURCHASED USD / SOLD EUR                               | CUSIP: 000000000<br>LEI: ZMHGNT7ZPKZ3UFZ8EO46 | N/A              | DFE              |  | US        |         1 | NC      | $113569.37    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** Partners Group Next Generation Infrastructure LLC

**Signature:** Brian Igoe

**Name of Signer:** Brian Igoe

**Title:** Chief Financial Officer