Exclusive Financial Advisor to AlTi Global, Inc.
- February 26, 2024
Oppenheimer & Co. Inc. acted as Exclusive Financial Advisor to AlTi Global, Inc. on its strategic investment of up to $450MM from Allianz X and Constellation Wealth Capital
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 mergers and acquisitions pipeline and organic growth activities. This will expand the scale and reach of AlTi’s global ultra-high-net-worth wealth management and strategic alternatives business in existing and new markets, leveraging the industry expertise and relationships of both Allianz and CWC. The partnership with Allianz offers opportunities to provide additional solutions to service both companies’ clients more holistically.
Gilbert Dychiao
Title:Head of Financial Institutions and Real Estate
Chris DeFalco
Title:Managing Director, Equity Capital Markets
John Fleming
Title:Managing Director, Debt Advisory & Restructuring
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