UBS Extends Partnership With Private Equity Fintech
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Switzerland’s largest lender is expanding its partnership with the iCapital Network platform to serve wealthy clients in Switzerland and Asia.
UBS global wealth management is strengthening its ties to iCapital Network to gain access to the technology company’s data and analytics platform for private markets, according to a statement Thursday.
Details of the deal were not announced.
The platform, which automates the lifecycle of private market investments, enables UBS wealth managers to access data related to private equity, private debt, and real assets.
The two parties, engaged in a strategic partnership since 2017, expect the appetite for the asset class among high net worth individuals to grow, the statement says.
Questions & Answers
Q.Which specific regions will benefit from UBS's expanded partnership with iCapital Network?
Which specific regions will benefit from UBS's expanded partnership with iCapital Network?
The expanded partnership is set to serve wealthy clients within Switzerland and across Asia. This strategic move aims to strengthen UBS's offerings in these key geographical markets for high net worth individuals.
Q.What kind of data and analytics will UBS wealth managers gain access to through this platform?
What kind of data and analytics will UBS wealth managers gain access to through this platform?
UBS wealth managers will gain access to data and analytics specifically related to private equity, private debt, and real assets. The platform helps automate the lifecycle of these private market investments for their clients.
Q.What is the history of the relationship between UBS and iCapital Network?
What is the history of the relationship between UBS and iCapital Network?
UBS and iCapital Network have been engaged in a strategic partnership since 2017. The current expansion builds upon this existing long-term relationship between the two entities, indicating continued collaboration.
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