AlTi Tiedemann Global gets investment of up to $450 million

Marcus Baram
Author Marcus Baram

Marcus Baram is a contributing editor at Crain Currency, where he covers the intersection of finance and politics. Prior to joining Crain Currency, Baram was a staff writer at Fast Company and an editor at Huff Post. He has also written for outlets such as The New York Times, The Atlantic, and Vice. Baram is an expert on economic policy and has a deep understanding of the ways in which politics shapes the global financial system. In his role at Crain Currency, he brings a unique perspective to the complex and ever-evolving world of finance. With his keen analysis and clear writing, Baram helps readers make sense of the important issues impacting the economy today.

Feb 26, 2024
10 months ago

The independent global wealth and alternatives manager AlTi Global has announced an investment that could total $450 million — up to $300 million by Allianz X and up to $150 million by Constellation Wealth Capital. Allianz X is the investment arm of insurance giant Allianz and Constellation an independent investment advisory firm.

AlTi, which has $68 billion in combined assets, intends to use the infusion of capital to expand its reach in existing and new markets as well as fund M&A activity.

Allianz X’s CEO, Nazim Cetin, and another Allianz representative will be appointed to AlTi’s board of directors, while Constellation will have an observer seat on the board.

“This investment accelerates AlTi’s trajectory to become the leading global independent UHNW wealth management platform, with strategic and targeted expertise in alternatives,” said AlTi CEO Michael Tiedemann. “The investment further validates the power of our unique business model, which combines a global multifamily office and alternatives platform.”

Marcus Baram
Author Marcus Baram

Marcus Baram is a contributing editor at Crain Currency, where he covers the intersection of finance and politics. Prior to joining Crain Currency, Baram was a staff writer at Fast Company and an editor at Huff Post. He has also written for outlets such as The New York Times, The Atlantic, and Vice. Baram is an expert on economic policy and has a deep understanding of the ways in which politics shapes the global financial system. In his role at Crain Currency, he brings a unique perspective to the complex and ever-evolving world of finance. With his keen analysis and clear writing, Baram helps readers make sense of the important issues impacting the economy today.