Baar-Zug, Switzerland; 30 October 2020
Partners Group, the global private markets investment manager, has collaborated with UBS, the leading global wealth manager and Swiss bank, to launch a series of long-term programs that expand access to private markets for UBS' wealth management clients.
The initiative will give wealth management clients in Switzerland and other selected markets across Europe and Asia exposure to Partners Group's direct private equity investments, as well as co-investment access to certain Partners Group investments, which will be pre-selected by UBS. The new solution is scalable and will target an annual investment capacity of USD 1-3 billion over time.
Urs Wietlisbach, Co-Founder and Member of the Board of Directors, Partners Group, states: "This program will offer UBS wealth clients private markets capabilities on a par with those Partners Group offers to institutional investors, including some of the world's leading sovereign wealth funds. We are extremely pleased to partner with UBS on this initiative, which builds on years of collaboration between our firms."
Sergio Ermotti, Group Chief Executive Officer of UBS, says: "UBS and Partners Group are both world-leading Swiss-headquartered investment managers that provide unique solutions to investors' needs. This collaboration will broaden our clients' access to private markets and deepen its place within their portfolios."
Iqbal Khan, Co-President of UBS Global Wealth Management, and Tom Naratil, Co-President of UBS Global Wealth Management and President of UBS Americas, comment: "By teaming up with Partners Group and leveraging the scale and expertise of our two firms, we will give UBS clients unique access to some of the best private markets opportunities delivered in an efficient vehicle."