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Year Founded: 1998

AUM: $2.124T | Dry Powder: NA
Bahnhofstrasse 45 8001 Zurich Switzerland
UBS Asset Management focuses on providing various financial advisory services in the areas of mergers and acquisitions, private placements, brokerage, equity swaps, equity and debt trading, risk management, credit financing, and capital market financing. The firm provides asset management and wealth management services

Key Contacts

  • Ralph Hamers
    Chief Executive Officer
  • Kirt Gardner
    Chief Financial Officer
  • Axel Lehmann Ph.D
    Executive & President

Investment Preferences

  • Preferred Industries
    Energy Refining, Government, Information Services, Other Business Products and Services, Other Chemicals and Gases, Other Energy Services etc.
  • Geographical Preference
    Africa, Americas, Asia, Europe, Middle East
  • Preferred Deal Types
    Acquisition Financing, Asset Divestiture, Debt Conversion, Debt Refinancing, IPO, Joint Venture, Later Stage VC, etc.
  • Other Investment Preferences
    N/A

Investments By Year

Source: Pitchbook

Funds Closed

Archmore Infra. Debt Platform II
Vintage: 2019

Size: $1.1B

Dry Powder: $330.9M

Details: IDP II focuses on private infrastructure debt opportunities in Western Europe

Real Estate Mortgage Fund
Vintage: 2016

Size: $361.1M

Dry Powder: $98.5M

Details: The fund seeks to take advantage of the debt financing gap in commercial real estate in the UK

Archmore Infra. Debt Platform I
Vintage: 2014

Size: $638.9M

Dry Powder: $25.6M

Details: The fund focuses on other financial services, software sectors mainly in Western European market

Investments By Industry

Investments By Region

Source: Pitchbook

Key Investments

In July 2022, UBS Asset Management acquired a 700MW portfolio of energy storage projects in Texas from Black Mountain Energy Storage. The portfolio comprises 5 standalone, development-stage projects and is expected to come into operation in 2024

In September 2021, UBS Asset Management acquired 100% stake of the UK based data center firm Datum Datacentres from Darwin Private Equity. Datum also signed Renewable Energy Guarantees of Origin to counterbalance its energy use

In July 2020, UBS Asset Management’s Real Estate & Private Markets acquired a 14.4MW operating portfolio of solar PV assets and a 4MW biogas portfolio from affiliates of Econergy Renewable Energy and funds managed by Econergy’s partner, RGreen Invest. UBS-AM also secured an option to acquire a further 22MW of operating solar PV assets. Financial terms of the transaction were not disclosed. In parallel, UBS-AM formed a new exclusive partnership with Econergy for the construction and operation of a 1.1GW solar PV and wind pipeline in Italy and will invest in the pipeline as it becomes ready to build

In November 2019, UBS Asset Management’s Real Estate & Private Markets Infrastructure business completed the acquisition of a 49.9% stake in Phoenix Wind Repower, a portfolio of three wind farms located in Texas, USA, on behalf of its infrastructure equity strategy. The three wind farms are 225MW Trinity Hills, 145MW Sherbino Mesa 2 and 60MW Silver Star wind projects in Texas. The stake has been acquired from a fund managed by Ares Management Corporation’s Infrastructure and Power strategy for an undisclosed amount. Once repowered, the portfolio will have a total capacity of 383MW

In October 2019, a fund managed by UBS Asset Management acquired a 49.9% stake in a portfolio of Texas wind generation assets owned by Ares Management. The portfolio comprises three operating wind facilities that are expected to be repowered by 2020: Trinity Hills (225MW), Sherbino Mesa II (145MW) and Silver Star (60MW)

In March 2019, UBS Asset Management acquired the La Forgiatura business campus in Milan for €118 million. The asset was acquired from a Milan-based developer on behalf of a newly formed club of investors, representing the first institutional Club Deal of UBS’ European Club Deal strategy, aimed at delivering customized real estate solutions to its institutional clients

In February 2019, UBS Asset Management’s Real Estate & Private Markets completed the acquisition of a 100% interest in Gascan. Gascan distributes and supplies piped LPG throughout Portugal to over 65,000 customers nationwide distributing over 11,000 tons of gas per year, with a network of over 760 km of pipe and circa 2,050 tanks across the country

Other Details

UBS Asset Management is a large-scale investment manager. It offers investment capabilities across all major traditional and alternative asset classes. It has a presence in 23 countries. It employs around 3,600 professionals including 880 investment professionals

The latest closed fund “Archmore Infrastructure Debt Platform II focused on private infrastructure debt opportunities in Western Europe primarily through direct lending. It preferably invests in Western Europe. The fund held a final close on its hard cap of €1 billion on January 11, 2019. Its fundraising targeted size ranges between $798.7 million to $1.1 billion

Credit Suisse, Deutsche Bank, Morgan Stanley, Citigroup, BNP Paribas, Wells Fargo, Natixis, Antares Capital, Mizuho Bank, SunTrust Bank, Deutsche Bank Securities, ING Bank are some of the co-lenders who invest along with UBS Asset Management

Source: Pitchbook, Company Website, Private Equity Wire, Global Legal Chronicle, Europe Real Estate, Propertyfundsworld, SparkSpread