Cantor Fitzgerald moves to acquire UBS hedge fund unit O'Connor
On May 28, 2025, Cantor FitzgeraldDealroom has a profile for this one. Try Dealroom → has announced a definitive agreement to acquire O'Connor, the hedge fund unit of UBS, marking a strategic push to expand its presence in alternative asset management. O'Connor, with $11 billion in assets under management and a legacy dating back to the 1970s, has long been recognized for its multi-strategy investment approach.
This move represents a significant step for Cantor as it looks to diversify beyond its traditional strengths in brokerage and investment banking. By integrating O'Connor, the firm aims to build a broader platform that caters to institutional investors seeking sophisticated hedge fund strategies.
The deal is still pending regulatory approval and is expected to close in Q4 2025. If finalized, it would signify a notable reshaping of the hedge fund landscape and reinforce Cantor Fitzgerald’s ambitions to scale its asset management division amid intensifying competition in the sector.
Sources:
A.M.