AlTi Tiedemann Global Closes Previously Announced East End Acquisition
03 Abril 2024 - 6:28PM
Business Wire
AlTi Global, Inc. (NASDAQ: ALTI), (“AlTi” or the “Company”), a
leading independent global wealth and alternatives manager with
over $70 billion in combined assets, today completed the previously
announced acquisition of East End Advisors, an independent advisory
firm with assets under management (AUM) of approximately $5.6
billion, offering customized portfolio management and investment
services to a select group of ultra-high-net-worth families and
foundations.
About AlTi
AlTi is a leading independent global wealth and alternatives
manager providing entrepreneurs, multi-generational families,
institutions, and emerging next-generation leaders with fiduciary
capabilities as well as alternative investment strategies and
advisory services. AlTi’s comprehensive offering is underscored by
a commitment to impact or values-aligned investing and generating a
net positive impact through its business activities. The firm
currently manages or advises on over $70 billion in combined assets
and has an expansive network with approximately 480 professionals
across three continents. For more information, please visit us at
www.alti-global.com.
Forward-Looking Statements
Some of the statements in this press release may constitute
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933 (the “Securities Act”), Section 21E of
the Securities Exchange Act of 1934 and the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact are forward-looking. Words such as “anticipate,”
“believe,” “continue,” “estimate,” “expect,” “future,” “intend,”
“may,” “plan” and “will” and similar expressions identify
forward-looking statements. Forward-looking statements reflect
management’s current plans, estimates and expectations and are
inherently uncertain. The inclusion of any forward-looking
information in this press release should not be regarded as a
representation that the future plans, estimates or expectations
contemplated will be achieved. Forward-looking statements are
subject to various risks, uncertainties and assumptions. Important
factors that could cause actual results to differ materially from
those in forward-looking statements include, but are not limited
to, global and domestic market and business conditions, successful
execution of business and growth strategies and regulatory factors
relevant to our business, as well as assumptions relating to our
operations, financial results, financial condition, business
prospects, growth strategy and liquidity and the risks and
uncertainties described in greater detail under “Risk Factors”
included in AlTi Global's registration statement on Form 10-K filed
March 22, 2024, and in the subsequent reports filed with the
Securities and Exchange Commission, as such factors may be updated
from time to time. We undertake no obligation to revise or update
any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required
by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240403241189/en/
Investor Relations: Lily
Arteaga, Head of Investor Relations investor@alti-global.com
Media Relations: Alex Jorgensen,
pro-alti@prosek.com
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