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UBS Dominates Forbes Arizona Wealth Advisors Ranking with 15 Top Professionals, Including State's #1

  • On May 28, 2025, UBS Group announced it has agreed to sell O'Connor, a hedge fund division based in Chicago, to Cantor Fitzgerald.
  • The sale follows months of talks and reflects UBS's decision to divest a hedge fund, private credit, and commodities platform managing $11 billion in assets.
  • All six of O'Connor's investment strategies, along with its investment and support teams, will transfer to Cantor Fitzgerald and operate as a distinct business.
  • Cantor Fitzgerald's chairman Brandon Lutnick called the acquisition transformational and a "high-conviction investment", with closing expected in Q4 2025 pending regulatory approval.
  • The deal enables UBS to maintain a role in alternatives through a long-term partnership, while Cantor Fitzgerald significantly expands its asset management capabilities.
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finews.ch broke the news in on Wednesday, May 28, 2025.
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