Private markets investment manager Partners Group has collaborated with global wealth manager UBS.
They will launch a series of long-term programmes 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.
Urs Wietlisbach, co-founder and member of the board of directors at Partners Group, said: “This programme 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.
Sergio Ermotti, group chief executive of UBS, added: “This collaboration will broaden our clients ‘ access to private markets and deepen its place within their portfolios. ”
This news comes as more firms look to give more institutional-like investment opportunities to retail and high net worth individuals.