The ever increasing demands for mobile network access have resulted in a significant increase in bandwidth usage. By improving the system spectral efficiency, multi-way relay networks (MWRNs) provide promising approaches to address this challenge. In this paper, we propose a novel linear beamforming design, namely partial zero-forcing (PZF), for MWRNs with a multiple-input-multiple-output (MIMO) relay. Compared to zero-forcing (ZF), PZF relaxes the constraints on the relay beamforming matrix such that only partial user-interference, instead of all, is canceled at the relay. The users eliminate the remaining interferences through self-interference and successive interference cancellation. A sum-rate maximization problem is formulated and solved to exploit the extra degrees-of-freedom resulted from PZF. Simulation results show that the proposed PZF relay beamforming design achieves significantly higher network sum-rates than the existing linear beamforming designs.