General Atlantic and UBS Unite for Strategic Private Credit Partnership

Deal News | May 06, 2025 | General Atlantic

General Atlantic and UBS Unite for Strategic Private Credit Partnership

General Atlantic and UBS Group AG have announced a strategic partnership focused on exploring private credit opportunities. This collaboration integrates the advisory and investment banking strengths of UBS with General Atlantic's private credit investment capabilities to deliver direct lending and credit products. The venture aims to broaden clients' investment avenues by leveraging UBS's global market presence and General Atlantic's extensive network and expertise. Bill Ford, CEO of General Atlantic, and Sergio P. Ermotti, CEO of UBS, express optimism about the partnership's potential in enhancing private credit solutions for global clients. This initiative boosts GA Credit, a dedicated credit investment platform, expanding its proprietary deal flow and providing customized solutions. A focus of the partnership is senior secured direct lending to companies in North America and Western Europe, enhancing UBS's private market capabilities through mid-and large-cap structure solutions. Paul, Weiss and Latham & Watkins LLP acted as legal counsels to General Atlantic and UBS, respectively. General Atlantic manages $108 billion in assets, while UBS oversees $6.2 trillion in invested assets across its global operations.

Sectors

  • Private Equity
  • Investment Banking
  • Asset Management

Geography

  • United States – Key geographical focus for the private credit opportunities targeted by the partnership.
  • Switzerland – Headquarters of UBS, a principal participant in the strategic partnership.
  • Western Europe – Region targeted for senior secured direct lending financing.

Industry

  • Private Equity – General Atlantic is a global private equity firm known for its strategic investments across various sectors, including private credit.
  • Investment Banking – UBS's capabilities in investment banking are integral to the partnership, providing origination and advisory services.
  • Asset Management – The article mentions UBS's asset management services and the integration with GA Credit's dedicated private credit team.

Financials

  • $6.2 trillion – The amount of invested assets managed by UBS as of the first quarter of 2025.
  • $108 billion – The amount of assets under management by General Atlantic as of March 31, 2025.

Participants

NameRoleTypeDescription
General AtlanticPrivate Equity FirmCompanyA leading global investor providing capital and strategic support, managing $108 billion in assets.
UBS Group AGInvestment Bank, PartnerCompanyA global wealth manager and investment bank, known for its advisory and asset management capabilities.
GA CreditInvestment PlatformCompanyDedicated credit investment platform within General Atlantic.
Bill FordChairman and CEO of General AtlanticPersonCommented on the strategic potential of the General Atlantic and UBS partnership.
Sergio P. ErmottiGroup CEO of UBSPersonHighlighted the advantages of leveraging both firms' strengths in the partnership.
Paul, Weiss, Rifkind, Wharton & Garrison LLPLegal Advisor to General AtlanticCompanyProvided legal counsel to General Atlantic for this partnership.
Latham & Watkins LLPLegal Advisor to UBSCompanyProvided legal counsel to UBS for this partnership.