UBP Acquires Angel Japan


July 19, 2023

On May 25, 2023, private bank Union Bancaire Privee announced the acquisition of Angel Japan Asset Management.

Under the terms of the agreement, Union Bancaire Privee (“UBP”) has acquired all shares of Angel Japan Asset Management Ltd. (“Angel”), having previously established a strategic partnership in 2018. Financial terms were not disclosed.

UBP, based in Switzerland, is a private bank specializing in asset and private wealth management. UBP has approximately $16 billion in assets under management.

Angel, based in Tokyo, is an independent investment advisor specializing in traditional and alternative investment strategies. Angel manages $1.2 billion in client assets.

To read the press release: please click here.

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.