UBS Group (UBS) plans to expand a partnership with General Atlantic Credit to offer a broader set of private credit products and direct lending.
The partnership combines "UBS's advisory and investment banking origination capabilities with General Atlantic's extensive global network, sourcing reach across industries and geographies and recognized leadership as a private credit investor," the companies said Tuesday in a statement.
General Atlantic will manage a private credit team with executives from its credit arm and UBS Asset Management's credit investment group, the companies said.
The companies plan to focus on offering senior secured direct lending financing to companies in North America and Western Europe.
Financial details weren't disclosed.
Price: 30.88, Change: +0.11, Percent Change: +0.36
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。