AlTi Global Stock Price, News & Analysis

Alvarium Tiedemann Holdings (NASDAQ: ALTI) has announced that CEO Michael Tiedemann and CFO Christine Zhao will participate in meetings at the 2023 BofA Financial Services Conference, scheduled for February 14-16, 2023, at the Conrad Downtown Hotel in New York City. AlTi is a prominent independent global wealth and asset manager, catering to entrepreneurs, families, and institutions with a focus on fiduciary capabilities and alternative investment strategies. The firm currently manages around $60 billion in assets, supported by a network of over 400 professionals across four continents, highlighting its commitment to impact investing.

Alvarium Tiedemann Holdings, Inc. (NASDAQ: ALTI) announced a significant stock adjustment following the Business Combination. In compliance with the Sponsor Support Agreement, CGC Sponsor LLC forfeited 2,118,569 shares of Class A common stock. These shares were distributed as Bonus Shares to public shareholders who did not redeem their shares, rendering approximately 1.121617 new shares for each existing share held. AlTi manages around $60 billion in assets, providing diverse wealth management solutions.

Alvarium Tiedemann Holdings, Inc. (NASDAQ: ALTI) has secured a $250 million credit facility with BMO Capital Markets and others, comprising a $150 million revolving credit line and a $100 million term loan. This five-year facility aims to reduce subsidiary debt and support growth initiatives. CEO Michael Tiedemann emphasized that this financial backing enables the firm to enhance its global operations and effectively serve clients, focusing on organic growth and potential acquisitions.