Julius Baer Seeks $250 Million From World’s Rich for Buyout Bets

Julius Baer Group Ltd. is ramping up a private equity bet for its rich clients, joining a growing number of firms boosting their focus on alternative investments to help navigate the shifting macroeconomic landscape.

The Swiss bank plans to raise $250 million from clients for the largest fund yet under its flagship private equity program, according to marketing documents seen Bloomberg. That would take the total collected since the program began four years ago to about $731 million.

A Julius Baer branch in Zurich.

Photographer: Stefan Wermuth/Bloomberg

Money managers are increasingly looking beyond public markets for returns amid volatility and accelerating inflation. Last year, investment firms for rich ...