07:47 AM EDT, 05/28/2025 (MT Newswires) -- Cantor Fitzgerald said Wednesday it has entered into a definitive agreement to acquire the O'Connor alternatives investment platform from UBS (UBS).

The acquisition will add about $11 billion in assets under management in hedge funds, private credit and commodities to Cantor Fitzgerald's Asset Management platform, the company said. The deal is expected to close during Q4, subject to regulatory approvals and closing conditions.