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AlTi Global, Inc. announces strategic investment from Allianz X
Jul 31, 2024•almost 2 years ago
Contract Type
partnership
KelownaFinancial ServicesFinanceAngel Investment
Description
AlTi Global, Inc. has closed a strategic investment of up to $300 million by Allianz X, an investment arm of Allianz SE. This investment is part of a previously announced strategic investment of up to $450 million from Allianz X and Constellation Wealth Capital (CWC). The capital will be used to fund mergers and acquisitions pipeline and organic growth activities.
Company Information
Company
AlTi Global
Location
Kelowna, British Columbia, Canada
About
AlTi is a leading independent global wealth and asset 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 approximately $69 billion in combined assets and has an expansive network with over 470 professionals across three continents.