AlTi Tiedemann Global Announces Acquisition Of Midwest Family Office, Envoi; Financial Terms Not Disclosed

AlTi continues to execute strategy to expand scale and reach of its global ultra-high-net-worth ("UHNW") wealth management business in existing and new markets.

AlTi Global, Inc. (NASDAQ:ALTI) ("AlTi" or the "Company"), a leading independent global wealth manager with over $70 billion in combined assets, announces the acquisition of Envoi, LLC ("Envoi"), a leading family office focused on multi-generational family wealth with assets under management (AUM) of approximately $3.0 billion.

This follows AlTi's recent acquisition of US-based independent advisory firm East End Advisors, as AlTi accelerates its strategy to become the leading global independent wealth management platform for the UHNW segment, with targeted expertise in alternatives.

In line with this strategic goal, AlTi is using funding of up to $450 million from Allianz X and Constellation Wealth Capital to fund its mergers and acquisitions pipeline and organic growth activities.