{"id":209627,"date":"2025-10-08T17:48:08","date_gmt":"2025-10-08T17:48:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/209627\/"},"modified":"2025-10-08T17:48:08","modified_gmt":"2025-10-08T17:48:08","slug":"cantor-seeks-new-ubs-oconnor-deal-on-first-brands-exposure","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/209627\/","title":{"rendered":"Cantor Seeks New UBS O\u2019Connor Deal on First Brands Exposure"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/5658Z:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Cantor Fitzgerald LP<\/a> is seeking to change the terms of its purchase of the O\u2019Connor hedge-fund unit from <a href=\"https:\/\/www.bloomberg.com\/quote\/UBSG:SW\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">UBS Group AG<\/a> as the business faces big losses from the bankruptcy of <a href=\"https:\/\/www.bloomberg.com\/quote\/1576734D:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">First Brands Group<\/a>, according to people familiar with the matter.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The New York-based investment bank, which agreed in May to buy the unit, is discussing excluding one of O\u2019Connor\u2019s strategies at the heart of the First Brands exposure, the Working Capital Finance group, and reducing the price overall, one of the people said. The people asked not to be named discussing private details.<\/p>\n","protected":false},"excerpt":{"rendered":"Cantor Fitzgerald LP is seeking to change the terms of its purchase of the O\u2019Connor hedge-fund unit from&hellip;\n","protected":false},"author":2,"featured_media":209628,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[79557,28,119978,2420,25070,27252,2994,4760,112,2005,28212,119955],"class_list":["post-209627","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bank-deposits","tag-business","tag-cantor-fitzgerald-l-p","tag-government","tag-hedge-funds","tag-industries","tag-investing","tag-jefferies-financial-group-in","tag-markets","tag-new-york","tag-private-credit","tag-ubs-group-ag-reg"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/209627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=209627"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/209627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/209628"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=209627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=209627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=209627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}