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AlTi Global, Inc. (NASDAQ: ALTI) is a premier independent global wealth and asset management firm. The company serves a diverse clientele, including entrepreneurs, multi-generational families, institutions, and the emerging next-generation leaders. AlTi's services are bifurcated into two main segments: Wealth Management and Strategic Alternatives.
Wealth Management at AlTi involves a comprehensive suite of services designed to address the multifaceted needs of its high-net-worth clients. This includes investment management, advisory services, and holistic wealth management solutions. The Strategic Alternatives segment focuses on providing investors with unique opportunities in alternative investments and co-investments, leveraging AlTi's extensive expertise and industry connections.
Recently, AlTi has been making significant strides in expanding its global footprint. A strategic investment of up to $450 million from Allianz X and Constellation Wealth Capital (CWC) is set to bolster AlTi’s mergers and acquisitions pipeline, enabling its organic growth strategy. Allianz X, a prominent arm of Allianz SE, plans to invest up to $300 million, while CWC will contribute $150 million.
This infusion of capital is expected to enhance AlTi’s scale and reach in the ultra-high-net-worth (UHNW) segment, with a particular emphasis on strategic alternatives. The partnership with Allianz will allow AlTi to offer more comprehensive and integrated solutions to its joint clientele.
In recent developments, AlTi announced the acquisition of East End Advisors, an independent advisory firm managing approximately $5.6 billion in assets. This move significantly boosts AlTi’s presence in key U.S. markets and enriches its service offerings for UHNW families and foundations.
Additionally, AlTi's financial health remains robust, with the firm managing or advising on over $70 billion in combined assets. The company’s expansive network, comprising over 480 professionals across three continents, underscores its global reach and industry leadership.
AlTi is committed to impact and values-aligned investing, aiming to generate a net positive impact through its business activities. The firm’s forward-looking strategies and recent achievements position it well for sustained growth and enhanced market presence.
Alvarium Tiedemann Holdings (NASDAQ: ALTI) has announced that CEO Michael Tiedemann and CFO Christine Zhao will participate in meetings at the 2023 BofA Financial Services Conference, scheduled for February 14-16, 2023, at the Conrad Downtown Hotel in New York City. AlTi is a prominent independent global wealth and asset manager, catering to entrepreneurs, families, and institutions with a focus on fiduciary capabilities and alternative investment strategies. The firm currently manages around $60 billion in assets, supported by a network of over 400 professionals across four continents, highlighting its commitment to impact investing.