UBS Collaborates With General Atlantic, Expands Into Private Credit

UBS Group AG UBS has entered a strategic partnership with General Atlantic, a US-based investment firm, to focus on private credit opportunities.Details of the Partnership Between UBS and General AtlanticThe collaboration between UBS and General Atlantic aims to expand the access of investing clients and borrowers to a broader range of direct lending and other credit products. By combining UBS’s advisory and investment banking origination capabilities with General Atlantic’s extensive global network, the partnership will create compelling private credit solutions.The strategic collaboration will focus on offering senior secured direct lending financing to companies in North America and Western Europe. General Atlantic will lead a private credit team formed with executives from its credit business and UBS Asset Management’s credit investment business.Rationale Behind UBS PartnershipThis strategic collaboration with General Atlantic will strengthen UBS’ Investment Bank's private market capabilities by providing private credit solutions across large- and mid-cap companies, primarily in the Americas. The collaboration marks a notable step in UBS’s growth target for its Global Banking capital markets platform, expanding reach and capabilities.Sergio P. Ermotti, the group chief executive officer of UBS, stated, “We’re pleased to enter this strategic partnership with General Atlantic, leveraging our two firms’ individual strengths to jointly deliver a broader range of innovative private credit solutions”. Ermotti further added, “This collaboration is rooted in a shared dedication to client centricity, enabling us to bring to bear the best of both our firms’ market-leading capabilities across private credit investing, capital markets and asset management.”UBS Price Performance & Zacks RankOver the past six months, shares of UBS have lost 4.2% against the industry’s rise of 17%.Image Source: Zacks Investment ResearchCurrently, UBS carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Similar Steps Taken by Other Finance StocksIn February 2025, JPMorgan JPM announced an additional $50 billion allocation toward direct lending, solidifying its presence in the lucrative private credit market. Since 2021, JPM has deployed more than $10 billion across 100+ private credit transactions, leveraging its extensive client base and vast origination platform. In September 2024, Citigroup C and Apollo Global Management Inc. APO inked a deal for a subsidiary of Citigroup and certain affiliates of Apollo to establish a revolutionary $25-billion private credit, direct lending program.  C and APO expect the program to finance approximately $25 billion of debt opportunities over the next several years, including corporate and financial sponsor transactions.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMorgan Chase & Co. (JPM): Free Stock Analysis Report Citigroup Inc. (C): Free Stock Analysis Report UBS Group AG (UBS): Free Stock Analysis Report Apollo Global Management Inc. (APO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks