Blume to Continue as Group Chief Risk Officer in Credit Suisse Acquisition

Due to the planned acquisition of Credit Suisse, Christian Bluhm has agreed to remain in his role as group chief risk officer and member of the group executive board for the foreseeable future, therefore delaying the handover to Damian Vogel that was originally planned for May 1, 2023.

April 24, 2023 Christian Bluhm | Credit Suisse | Damian Vogel | Sergio P. Ermotti | UBS Ian Koplin

Wolters Kluwer Compliance Solutions Leader ‘Reassured’ by Federal Response to Bank Runs

According to Timothy Burniston, a regulatory compliance expert at Wolters Kluwer Compliance Solutions, markets should be reassured by the response of federal regulators to maintain stability in the U.S. banking system in the wake of the collapse of Silicon Valley Bank and Signature Bank.

March 23, 2023 Credit Suisse | First Republic Bank | Signature Bank | Silicon Valley Bank | Timothy Burniston | UBS | Wolters Kluwer Compliance Solutions Phil Neuffer

Blackstone Acquires Cvent in $4.6B Transaction

Cvent Holding Corp., a meetings, events and hospitality technology provider, entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at an enterprise value of approximately $4.6 billion.

March 15, 2023 Blackstone | Cvent Holding Corp. | David Schwartz | Evercore | Goodwin Procter | J.P. Morgan Securities | Kirkland & Ellis | Martin Brand | Monti Saroya | Morgan Stanley | Qatalyst Partners | Reggie Aggarwal | Simpson Thacher & Bartlett | UBS | Vista Equity Partners Ian Koplin

iCapital Acquires $7B US Alternative Investments Feeder Fund Platform from UBS

iCapital and UBS entered into a definitive agreement whereby iCapital will acquire UBS Fund Advisor, UBS’s legacy proprietary U.S. alternative investment manager and the feeder fund platform it manages.

August 24, 2022 iCapital | Jerry Pascucci | Lawrence Calcano | UBS | UBS Fund Advisor Ian Koplin

JPMorgan Chase-Led Syndicate Provides $10B to Support McAfee Acquisition

McAfee, a global provider of online protection, entered into a definitive agreement to be acquired by an investor group, which obtained a commitment from a JPMorgan Chase Bank-led syndicate for nearly $10 billion in debt financing to support the transaction.

November 9, 2021 Abu Dhabi Investment Authority | Advent International | Bank of America | Barclays Bank | Barclays Capital | BofA Securities | Brian Ruder | Bryan Taylor | Bryant Stibel Group | Canada Pension Plan Investment Board | Citibank | Citigroup Global Markets | Condor BidCo | CPPIB Credit Investments III | Credit Suisse | Credit Suisse Loan Funding | Crosspoint Capital | Fried Frank Harris Shriver & Jacobson | GIC Private Limited | Goldman Sachs | Greg Clark | HSBC Bank | HSBC Securities | Intel Americas | Jon Winkelried | JP Morgan Securities | JPMorgan Chase Bank | Kirkland & Ellis | McAfee | Morgan Stanley | Moulton Moore Stella | Neuberger Berman | Permira | PSP Investments Credit | RBC Capital Markets | Ropes & Gray | Royal Bank of Canada | Tim Millikin | TPG Global | UBS | UBS Securities and PSP Investments Credit II Ian Koplin

Owl Rock Capital Group and Dyal Capital Partners Execute Business Combination Agreement

Owl Rock Capital Group and the Dyal Capital Partners division of Neuberger Berman Group entered into a definitive business combination agreement with Altimar Acquisition Corporation to form Blue Owl Capital, an alternative asset management firm with more than $45 billion in assets under management.

December 28, 2020 Alan Kirshenbaum | alternative asset management | Altimar Acquisition Corporation | Ardea Partners | Blue Owl Capital | BofA Securities | CH Investment Partners | Citigroup | Craig Packer | Direct Lending | Doug Ostrover | Dyal Capital Partners | Evercore Group | Fried Frank Harris Shriver & Jacobson | George Walker | Goldman Sachs | HPS Investment Partners | ICONIQ Capital | J.P. Morgan Securities | Kirkland & Ellis | Koch Companies Defined Benefit Master Trust | Liberty Mutual Investments | Marc Lipschultz | Michael Rees | Neuberger Berman Group | Owl Rock Capital Group | Paul Weiss Rifkind Wharton & Garrison | Perella Weinberg Partners | Skadden Arps Slate Meagher & Flom | the Federated Hermes Kaufmann Funds | UBS Phil Neuffer

Alcentra Appoints Mulshine Head of U.S. Distribution

Alcentra, a manager of private debt, hired Chris Mulshine as head of U.S. distribution and a member of the executive management committee. Mulshine previously served as global head of private credit with Lazard Private Capital Advisory, and in other roles at Credit Suisse, UBS and Goldman Sachs.

October 22, 2020 Alcentra | Chris Mulshine | Credit Suisse | Dan Fabian | Goldman Sachs | Jonathan DeSimone | Lazard Private Capital Advisory | UBS Ellie Delany

$6B Advisor Team Joins UBS Private Wealth Management

UBS Private Wealth Management has hired Denis J. Cleary and Gregory M. Devine, along with analysts Abigail Harris, Seamus O’Neill, Mindi Chen and Christopher Carbone.

February 20, 2020 UBS nadine

UBS Fined for Misleading & Overcharging Clients for a Decade

The Wall Street Journal reported Hong Kong’s security regulators have charged UBS with misleading wealthy clients for a decade and fined the bank HK$400 ($51 million) and demanded HK$200 ($26) million in customer compensation.

November 11, 2019 UBS nadine

WSJ: UBS-Led Group to Launch Bitcoin-Like Token for Cross Border Trades

The Wall Street Journal reported that a UBS-led group plans to begin using a bitcoin-like token to settle cross-border trades.

June 3, 2019 Barclays | bitcoin | Credit Suisse | UBS nadine