The partnership will enable private and institutional clients to diversify portfolios in the private equity space.
The family-owned firms will be “jointly providing an innovative strategy for both private and institutional clients to diversify their portfolios in the private equity market,” they said in a statement yesterday.
The partnership means that UBP gains from Paris-listed Rothschild & Co’s experience in private equity and widens its offering for clients wishing to invest in unlisted companies. UBP has already worked with Partners Group since 2017 and bought ACPI in 2018, creating a range of private debt solutions.
Under this arrangement, UBP will work with an institution that runs a suite of private equity and private debt funds, totalling over €11 billion worth of assets.
The new strategy developed through this partnership will give UBP’s clients access to a diversified portfolio of small and medium-sized companies across the world, through four private equity approaches (primary, direct secondary, late primary, and direct). It will be managed by Rothschild & Co, with the experts of UBP’s DIG team acting as investment advisors, UBP said.
“Thanks to UBP’s expertise and Rothschild & Co’s positioning in this market, we will be able to develop our exclusive offering directed at major private and institutional investors by opening up innovative and varied investment opportunities to them,” Guy de Picciotto, UBP’s chief executive, said.