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UBS’s billionaire clients plan to cut private equity fund allocations

Close to a third of 87 of UBS’s billionaire clients surveyed by the firm are preparing to reduce their exposure over the next 12 months to private equity funds as higher interest rates and slower exits continue to put pressure on the asset class, according to the a report by Bloomberg citing the bank’s Billionaire Ambitions Report 2025. At the same time, around half of respondents said they plan to increase investments in direct private equity d…
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Private Equity Wire broke the news in on Friday, December 5, 2025.
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