Global investment firm Carlyle and UBS’s Unified Global Alternatives (UGA) business have announced their collaboration on an open-end private equity secondaries initiative for wealth management clients.
The initiative aims to provide institutional-quality secondaries exposure with enhanced liquidity, diversification and long-term value.
“The secondaries market has grown and matured over the past two decades, and today we’re seeing one of the most active environments in years — with high-quality portfolios coming to market and a range of sellers seeking flexible solutions,” said Chris Perriello, global head of secondaries at Carlyle AlpInvest. “With a long history of sourcing and executing complex secondary transactions globally, this initiative is a natural way to bring that expertise to a broader set of investors.”
