Carlyle and CVC reportedly agree to share fees with UBS for distribution to wealthy clients

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices dip after 5-day winning streak; set for weekly surge on Iran conflict Trump replaces Homeland Security chief Kristi Noem Wall Street ends lower on escalating Iran conflict, report of AI export curbs Trump says he must be involved in selecting Iran’s next leader (South Africa Philippines Nigeria) Carlyle and CVC reportedly agree to share fees with UBS for distribution to wealthy clients By Editor Maria Ponnezhath Stock Markets Editor Maria Ponnezhath Published 03/06/2026, 12:39 AM Carlyle and CVC reportedly agree to share fees with UBS for distribution to wealthy clients 0 CG -1.58% UBSG -1.29% CVC -1.07% Investing.com -- Carlyle and CVC have agreed to share performance fees with UBS in exchange for the bank distributing their products to wealthy individuals, the Financial Times reported Friday. Carlyle agreed to share carried interest from its evergreen secondaries fund, the newspaper reported, citing three people familiar with the matter. CVC also agreed to allow the bank to share performance fees in an evergreen fund, two of the people told the FT. At least two other managers of major private capital funds for individual investors declined UBS’s requests to share fees, other people familiar with the situation told the newspaper. There is no suggestion that UBS’s agreements with Carlyle or CVC raised fees for end investors, according to the report. UBS said the selection of private capital firms was "based on our robust investment and due diligence process." This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.