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Stock impact report

AlTi Tiedemann Global welcomes strategic investment of up to $450m from Allianz X and Constellation Wealth Capital

AlTi Global, Inc. - Class A (ALTI) 
US:NASDAQ Investor Relations: altairnano.com/investors
Company Research Source: Business Wire
Investment accelerates AlTi’s strategy to become the leading global independent wealth management platform for the ultra-high-net-worth segment.Investment to be used principally to execute AlTi’s global mergers and acquisitions pipeline and organic growth strategy. NEW YORK--(BUSINESS WIRE)--AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with approximately $68 billion in combined assets, today announced a strategic investment of up to $450 million by Allianz X and Constellation Wealth Capital (“CWC”). Allianz X, an investment arm of Allianz SE (XETRA: ALV), one of the world’s leading insurers and asset managers with more than 122 million private and corporate customers in over 70 countries, will invest up to $300 million through one of its affiliates. CWC, an investment advisory firm specializing in making investments in industry-leading wealth managers, will invest $150 million.AlTi will use the capital principally to fund its merger Show less Read more
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