Private Markets Group

The Private Markets Group (PMG) is a UBP department dedicated to qualified investors driven by an entrepreneurial mindset and institutional investors willing to diversify their asset allocation beyond traditional investment categories. We identify, analyse and offer access to exclusive private-market investment opportunities. Clients can then either make their own selections or give us a mandate to invest on their behalf.

The Private Markets Group’s mission

Provide access to exclusive investment opportunities
Select under-the-radar, niche strategies with compelling performance
Run dedicated, private market programmes and mandates
Actively manage and monitor investments towards successful exits

What are private markets?

Private markets refer to assets that are not traded on a public exchange, are illiquid, and are spread across different segments, such as real estate, private equity, private debt, and infrastructure. The investment universe is broader than public markets.

Why invest in private markets?

Illiquidity premium
Long-term strategic orientation
Flexibility around timing of entry and exit
Valuations unaffected by market noise
Increased resilience during downturns

Characteristics of a typical PMG investment


Exclusive access	Supportive macro trends	Steady cash-flows	Strong team and governance	Easy to understand business model	Positive social / climate impact

Key Figures

Group creation: 2015
Team members: 35
Total equity raised: + CHF 4.0 billion

Global PMG presence

Map_PMG_2023.jpg (CARTE Site UBP - TOUTES LANGUES 2021_NoNassau)

Private Clients

The Private Markets Group makes unique private market investment opportunities available to UBP clients. We bring transactions of institutional quality to private clients, focusing on the small/mid-cap segment where higher returns can be achieved, with due diligence being a paramount consideration.

Selected strategies (non-exhaustive list)

Legal / structuring expertise

Structure analysis: Efficient and rigorous legal assessment of investments
Structure set-up: Providing structuring expertise when required

Investment Monitoring

PMG’s monitoring activity, which covers the entire lifespan of our investments, is aimed at ensuring that those investments are in line with the initial business plan, and that investors are paid any distributions and provided with material information in a timely manner, with our strategies being adapted as and when necessary.

Institutional Clients

PMG’s approach for institutional clients focuses on differentiated strategies across real estate, infrastructure, private debt, and private equity. These strategies are either managed in-house or via exclusive partnerships with seasoned managers.

Selected Strategies

	Governmental real estate Attractive yield: large spread over government bonds Strength and resilience of the tenants/counterparties High renewal probability: focus on mission-critical assets
	Transition infrastructure Predictable cash flows with long-term visibility Resilient business models with high barriers to entry Low volatility: returns uncorrelated to other asset classes
	Affordable housing financing Defensive strategy: clear undersupply of affordable housing Attractive yield due to reduced bank lending (e.g. UK) Exclusive transactions: off-market proprietary origination
	Impact private equity Strong value creation with compelling target returns Diversified growth equity portfolio tackling climate change Transparent impact measurement process and reporting