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UBP partners with Rothschild on private equity offering

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UBP partners with Rothschild on private equity offering

Swiss private bank Union Bancaire Privée UBP SA is teaming up with France's Rothschild & Co. SCA to jointly provide strategies for private and institutional clients to diversify their private equity market portfolios.

The partnership will enable UBP's clients to have access to a diversified portfolio of global small and medium-sized companies to be managed by Rothschild, with the Swiss lender's direct investments group team serving as investment advisers, the companies said June 3.

Paris-based Rothschild manages private equity and private debt funds worth more than €11 billion.