Cantor Fitzgerald Acquires UBS’s O’Connor Alternatives Platform to Expand Asset Management Capabilities

Cantor Fitzgerald has entered a definitive agreement to acquire UBS’s O’Connor alternatives investment platform, adding approximately $11 billion in assets under management. The deal includes hedge funds, private credit, and commodities, significantly enhancing Cantor’s Asset Management (CFAM) division. O’Connor will operate as a distinct business within CFAM, reporting to William Ferri, a former UBS veteran and founding member of O’Connor.

The acquisition underscores Cantor’s strategic push to grow its core businesses, including its global investment banking operations. UBS Global Wealth Management clients will retain access to O’Connor’s capabilities, alongside institutional and high-net-worth investors worldwide. The MOVE reflects broader institutional interest in alternative investment strategies amid evolving market conditions.