Cantor Fitzgerald to Buy UBS's Alternatives Investment Platform

Dow Jones
May 28, 2025
 

By Adriano Marchese

 

Cantor Fitzgerald has agreed to acquire UBS Group's O'Connor alternatives investment platform for an undisclosed sum.

The New York financial-services firm on Wednesday said it has entered into a definitive agreement with UBS for the acquisition, which includes hedge funds, private credit and commodities, with about $11 billion in invested assets.

Once the acquisition closes in the fourth quarter, O'Connor will operate as a distinct alternatives business within Cantor Fitzgerald's Asset Management.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

May 28, 2025 09:23 ET (13:23 GMT)

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