UBS GWM brings pair of private market funds to Italy

UBS GWM Italia is making a push into alternative investments with the launch of two private equity funds in Italy as public markets continue to shrink. Multi Vintage Private Equity Fund 3, one of UBS GWM's two strategies available to investors in Italy, is a multi-manager fund that aims at providing investors diversification by investing globally in various private equity strategies: buyout, growth and special situations. The fund, managed by UBS with the advisory of Hamilton Lane, a firm that selects private markets' fund managers with $400m in assets under management. The Fund aims ...