Cantor Fitzgerald to acquire O’Connor alternatives investment platform from UBS.

Cantor Fitzgerald, a global financial services and real estate services holding company, agreed to acquire O’Connor alternatives investment platform from UBS, a global, large-scale and diversified asset manager. Financial terms were not disclosed. “The acquisition of O’Connor is transformational for our asset management business and demonstrates our commitment to investing in attractive growth businesses. With our leadership team’s deep familiarity with O’Connor, we are well-positioned to build upon the business’s strong foundation and drive its next phase of growth,” Brandon Lutnick, Cantor Fitzgerald Chairman.