Alti Tiedemann Global Announces Acquisition Of East End Advisors Following Strategic Investment

By Author: jamescolin
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AlTi Global, Inc. (NASDAQ: ALTI), a prominent global wealth and alternatives manager with over $70 billion in combined assets, has announced the acquisition of East End Advisors, an independent advisory firm. East End Advisors manages approximately $5.6 billion in assets and provides customized portfolio management and investment services to a select group of UHNW families and foundations. This acquisition follows the recent strategic investment in AlTi of up to $450 million from Allianz X and Constellation Wealth Capital. These investments will be utilized to accelerate AlTi's strategy of becoming the leading global independent wealth management platform for the UHNW segment, with a focus on alternatives. East End Advisors, headquartered in New York, will expand AlTi Tiedemann Global's operations in key regions within the US and enhance its offering in the growing Outsourced Chief Investment Officer (OCIO) market. East End's clients will benefit from a wider range of investment strategies and access to AlTi's global resources and holistic wealth management solutions, while still maintaining the firm's independence and leadership ...
... team. Michael Tiedemann, Chief Executive Officer of AlTi Tiedemann Global, expressed his admiration for East End's exceptional team, investment approach, and strong client relationships. He emphasized the shared commitment to client retention and understanding the unique needs of ultra-high-net-worth families and foundations. Tiedemann is excited to welcome East End Advisors to the AlTi ecosystem as they continue to establish themselves as the preferred destination for global UHNW families and foundations seeking comprehensive wealth management solutions.

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