UO
LP profile
UBS O'Connor
Corporate VC · Founded 2000 · Zurich, Switzerland
27
VC firms backed
$6.7B
AUM
01 · Background
Who UBS O'Connor is.
- Historical Background
- O'Connor was established in 1977 as O'Connor & Associates, a Chicago-based options trading firm with a focus on financial derivatives. The firm was acquired by Swiss Bank Corporation (a predecessor of UBS) in 1992, which sought to expand its options trading capabilities in the United States.
- Source of Capital
- A portion of the capital in O'Connor's funds has historically been raised from clients of UBS Global Wealth Management.
- Major Events
- In 2024, UBS agreed to sell the O'Connor platform to the financial services firm Cantor Fitzgerald. As part of the sale, UBS and Cantor Fitzgerald established a long-term commercial arrangement to ensure O'Connor's investment capabilities remain accessible to UBS Global Wealth Management clients.
- Allocation Strategy
- The firm operates as an alternatives platform with a focus on hedge funds, alternative credit, and commodities. O'Connor's investment approach centers on relative value investing, with an emphasis on risk management.
02 · Fund commitments
The funds UBS O'Connor backs.
UBS O'Connor is a limited partner in 27 funds. 13 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Accel
#4 Power Law
New Enterprise Associates
#8 Power Law
Index Ventures
#11 Power Law
Atlas Venture
#53 Power Law
Battery Ventures
#54 Power Law
IVP
#84 Power Law
Nexus Venture Partners
#114 Power Law
Mayfield
#134 Power Law
TPG
#158 Power Law
Warburg Pincus
#233 Power Law
Bain Capital
#239 Power Law
Adams Street Partners
#331 Power Law
U.S. Venture Partners
#342 Power Law
Abingworth
Doughty Hanson Technology Ventures
EQT Group
Hony Capital
IPV Capital
NewMargin Ventures
SB China Capital
Schroders Capital
VenCap International
03 · Allocation
How UBS O'Connor’s fund book is spread.
The 27 funds UBS O'Connor backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 1763%
- Europe 622%
- Rest of world 415%
United States 17 · United Kingdom 5 · China 4 · Sweden 1
How established those managers are
Managers grouped by how many funds they have raised — across the 20 of 27 with a fund history on record.
Emerging funds · 1
Established funds · 19
1
1
2
3
1
4
1
5-6
5
7-9
4
10-14
8
15+
Funds raised by the manager
04 · Direct investments
The companies UBS O'Connor backs directly.
UBS O'Connor holds 5 companies directly, separate from the funds it commits to as a limited partner.
Pagaya
$1.2B valuation
Unicorn
GOOD Meat
Voyage Foods
$260M valuation
Endless West
$240M valuation
Logix Communications
05 · Other LPs
Other LPs.
Other corporate venture arms in the Power Law LP ranking, closest to UBS O'Connor by combined power-law score — Europe first, then the nearest worldwide.
🇺🇸
SVB Capital
$10B AUM
21 VC funds backed
🇺🇸
Liberty Mutual Strategic Ventures
$1.0B AUM
61 VC funds backed
🇺🇸
Johnson & Johnson Innovation
10 VC funds backed
🇬🇧
Legal & General Capital
$32B AUM
12 VC funds backed
🇳🇱
Rabo Frontier Ventures
$200M AUM
5 VC funds backed
🇱🇺
Teklas Ventures
3 VC funds backed
🇫🇷
InnovAllianz
3 VC funds backed
🇸🇪
SEB Venture Capital
6 VC funds backed