AlTi Tiedemann Global Closes Previously Announced Constellation Wealth Capital Investment [Yahoo! Finance]
AlTi Global, Inc. - Class A (ALTI)
US:NASDAQ Investor Relations:
altairnano.com/investors
Company Research
Source: Yahoo! Finance
alternatives manager with over $70 billion in combined assets, today announced the closing of the initial investment from Constellation Wealth Capital ("CWC"). CWC, an investment advisory firm specializing in making investments in industry-leading wealth managers, has made an initial investment of $115 million in AlTi, as part of the previously announced strategic investment of up to $450 million from Allianz X and CWC. AlTi will use the capital principally to fund its mergers and acquisitions pipeline and organic growth activities. Under the terms of the agreement, AlTi sold 115,000 shares in newly created Series C Convertible Preferred Stock for a purchase price equal to $115 million, and issued warrants for 1,533,333 shares of AlTi's Class A common stock. As previously reported, during the period commencing May 1, 2024 until September 30, 2024, AlTi is permitted to deliver a capital demand notice requiring CWC to purchase an additional 35,000 shares of Series C Convertible Pr
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ALTI
News
- AlTi Tiedemann Global Closes Previously Announced East End AcquisitionBusiness Wire
- AlTi Tiedemann Global Announces Acquisition of East End Advisors Following Strategic Investment [Yahoo! Finance]Yahoo! Finance
- AlTi Tiedemann Global Announces Acquisition of East End Advisors Following Strategic InvestmentBusiness Wire
- AlTi Tiedemann Global Closes Previously Announced Constellation Wealth Capital InvestmentBusiness Wire
- AlTi Tiedemann Global Announces Promotion of COO, Kevin Moran to PresidentBusiness Wire
ALTI
Earnings
- 11/14/23 - Miss
ALTI
Sec Filings
- 4/5/24 - Form 10-K/A
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- ALTI's page on the SEC website