--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-004775" form_type: "8-K" ticker: "ALTI" cik: "0001838615" company_name: "AlTi Global, Inc." filed_at: "2023-01-09T23:59:59+00:00" generated_at: "2026-06-20T18:12:39.519850+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.9 calibrated_materiality_score: 0.9 confidence: "high" source: SEC EDGAR --- # Alvarium Tiedemann completes SPAC merger, begins trading on Nasdaq as ALTI ## Summary - Business combination closed Jan 3, 2023; Alvarium Tiedemann Holdings now public on Nasdaq (ALTI/ALTIW). - PIPE investment raised $165M at $9.80/share from subscribers for 16.9M shares. - Entered $250M credit facility ($100M term loan + $150M revolver) to repay ~$43.6M, ~$19.9M, and £50.6M in existing debt. - Carved out Alvarium Home REIT Advisors for ~£24M promissory note; contributed $3.9M EBITDA in 9 months through Sep 2022. - Lock-up agreements: sponsor/insider shares locked 1-3 years; registration rights granted for resale of securities. ## SEC filing metadata - accession: 0001193125-23-004775 - form_type: 8-K - ticker: ALTI - cik: 0001838615 - company_name: AlTi Global, Inc. - filed_at: 2023-01-09T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.9 - calibrated_materiality_score: 0.9 - confidence: high - sec_items: 1.01, 2.01, 5.06, 3.02, 9.01, 4.01, 2.03, 3.03, 5.03, 5.01, 5.02, 5.05, 7.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/d431644d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-004775 - JSON: https://secwatch.observer/filing/0001193125-23-004775.json - Plain text: https://secwatch.observer/filing/0001193125-23-004775.txt ## Key facts - Debt Financings AlTi Global, Inc. incurred credit facility. - Instrument: credit facility - Event: incurrence source text: Reference is made to the disclosure set forth below under Item 1.01 hereof concerning the credit facility, which is incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Timothy Keaney was appointed as Director at AlTi Global, Inc.. - Action: appointed - Role: Director source text: Effective as of the consummation of the Business Combination, Ali Bouzarif, Nancy Curtin, Kevin T. Kabat, Timothy Keaney, Judy Lee, Spiros Maliagros, Hazel McNeilage, Craig Smith, Michael Tiedemann and Tracey Brophy Warson were appointed as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Kevin T. Kabat was appointed as Director at AlTi Global, Inc.. - Action: appointed - Role: Director source text: Effective as of the consummation of the Business Combination, Ali Bouzarif, Nancy Curtin, Kevin T. Kabat, Timothy Keaney, Judy Lee, Spiros Maliagros, Hazel McNeilage, Craig Smith, Michael Tiedemann and Tracey Brophy Warson were appointed as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Gregory Armstrong departed as Director at AlTi Global, Inc.. - Action: ceased serving - Role: Director source text: Gregory Armstrong, Elias Diaz Sese, Bertrand Grabowski, and Daniel Karp ceased serving on the Company’s board of directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Jed Emerson was appointed as Chief Impact Officer at AlTi Global, Inc.. - Action: appointed - Role: Chief Impact Officer source text: Effective as of the consummation of the Business Combination, Michael Tiedemann was appointed as the Company’s Chief Executive Officer, Christine Zhao was appointed as the Company’s Chief Financial Officer, Kevin Moran was appointed as Chief Operating Officer, Alison Trauttmansdorff was appointed as the Company’s Chief Human Resources Officer, Laurie Birrittella (Jelenek) was appointed as the Company’s Chief People Officer and Jed Emerson was appointed as the Company’s Chief Impact Officer. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Bertrand Grabowski departed as Director at AlTi Global, Inc.. - Action: ceased serving - Role: Director source text: Gregory Armstrong, Elias Diaz Sese, Bertrand Grabowski, and Daniel Karp ceased serving on the Company’s board of directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Daniel Karp departed as Director at AlTi Global, Inc.. - Action: ceased serving - Role: Director source text: Gregory Armstrong, Elias Diaz Sese, Bertrand Grabowski, and Daniel Karp ceased serving on the Company’s board of directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Michael Tiedemann was appointed as Chief Executive Officer at AlTi Global, Inc.. - Action: appointed - Role: Chief Executive Officer source text: Effective as of the consummation of the Business Combination, Michael Tiedemann was appointed as the Company’s Chief Executive Officer, Christine Zhao was appointed as the Company’s Chief Financial Officer, Kevin Moran was appointed as Chief Operating Officer, Alison Trauttmansdorff was appointed as the Company’s Chief Human Resources Officer, Laurie Birrittella (Jelenek) was appointed as the Company’s Chief People Officer and Jed Emerson was appointed as the Company’s Chief Impact Officer. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Ali Bouzarif was appointed as Director at AlTi Global, Inc.. - Action: appointed - Role: Director source text: Effective as of the consummation of the Business Combination, Ali Bouzarif, Nancy Curtin, Kevin T. Kabat, Timothy Keaney, Judy Lee, Spiros Maliagros, Hazel McNeilage, Craig Smith, Michael Tiedemann and Tracey Brophy Warson were appointed as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Alison Trauttmansdorff was appointed as Chief Human Resources Officer at AlTi Global, Inc.. - Action: appointed - Role: Chief Human Resources Officer source text: Effective as of the consummation of the Business Combination, Michael Tiedemann was appointed as the Company’s Chief Executive Officer, Christine Zhao was appointed as the Company’s Chief Financial Officer, Kevin Moran was appointed as Chief Operating Officer, Alison Trauttmansdorff was appointed as the Company’s Chief Human Resources Officer, Laurie Birrittella (Jelenek) was appointed as the Company’s Chief People Officer and Jed Emerson was appointed as the Company’s Chief Impact Officer. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Spiros Maliagros was appointed as Director at AlTi Global, Inc.. - Action: appointed - Role: Director source text: Effective as of the consummation of the Business Combination, Ali Bouzarif, Nancy Curtin, Kevin T. Kabat, Timothy Keaney, Judy Lee, Spiros Maliagros, Hazel McNeilage, Craig Smith, Michael Tiedemann and Tracey Brophy Warson were appointed as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Nancy Curtin was appointed as Director at AlTi Global, Inc.. - Action: appointed - Role: Director source text: Effective as of the consummation of the Business Combination, Ali Bouzarif, Nancy Curtin, Kevin T. Kabat, Timothy Keaney, Judy Lee, Spiros Maliagros, Hazel McNeilage, Craig Smith, Michael Tiedemann and Tracey Brophy Warson were appointed as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Michael Tiedemann was appointed as Director at AlTi Global, Inc.. - Action: appointed - Role: Director source text: Effective as of the consummation of the Business Combination, Ali Bouzarif, Nancy Curtin, Kevin T. Kabat, Timothy Keaney, Judy Lee, Spiros Maliagros, Hazel McNeilage, Craig Smith, Michael Tiedemann and Tracey Brophy Warson were appointed as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Kevin Moran was appointed as Chief Operating Officer at AlTi Global, Inc.. - Action: appointed - Role: Chief Operating Officer source text: Effective as of the consummation of the Business Combination, Michael Tiedemann was appointed as the Company’s Chief Executive Officer, Christine Zhao was appointed as the Company’s Chief Financial Officer, Kevin Moran was appointed as Chief Operating Officer, Alison Trauttmansdorff was appointed as the Company’s Chief Human Resources Officer, Laurie Birrittella (Jelenek) was appointed as the Company’s Chief People Officer and Jed Emerson was appointed as the Company’s Chief Impact Officer. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Christine Zhao was appointed as Chief Financial Officer at AlTi Global, Inc.. - Action: appointed - Role: Chief Financial Officer source text: Effective as of the consummation of the Business Combination, Michael Tiedemann was appointed as the Company’s Chief Executive Officer, Christine Zhao was appointed as the Company’s Chief Financial Officer, Kevin Moran was appointed as Chief Operating Officer, Alison Trauttmansdorff was appointed as the Company’s Chief Human Resources Officer, Laurie Birrittella (Jelenek) was appointed as the Company’s Chief People Officer and Jed Emerson was appointed as the Company’s Chief Impact Officer. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Tracey Brophy Warson was appointed as Director at AlTi Global, Inc.. - Action: appointed - Role: Director source text: Effective as of the consummation of the Business Combination, Ali Bouzarif, Nancy Curtin, Kevin T. Kabat, Timothy Keaney, Judy Lee, Spiros Maliagros, Hazel McNeilage, Craig Smith, Michael Tiedemann and Tracey Brophy Warson were appointed as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Laurie Birrittella (Jelenek) was appointed as Chief People Officer at AlTi Global, Inc.. - Action: appointed - Role: Chief People Officer source text: Effective as of the consummation of the Business Combination, Michael Tiedemann was appointed as the Company’s Chief Executive Officer, Christine Zhao was appointed as the Company’s Chief Financial Officer, Kevin Moran was appointed as Chief Operating Officer, Alison Trauttmansdorff was appointed as the Company’s Chief Human Resources Officer, Laurie Birrittella (Jelenek) was appointed as the Company’s Chief People Officer and Jed Emerson was appointed as the Company’s Chief Impact Officer. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Elias Diaz Sese departed as Director at AlTi Global, Inc.. - Action: ceased serving - Role: Director source text: Gregory Armstrong, Elias Diaz Sese, Bertrand Grabowski, and Daniel Karp ceased serving on the Company’s board of directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Craig Smith was appointed as Director at AlTi Global, Inc.. - Action: appointed - Role: Director source text: Effective as of the consummation of the Business Combination, Ali Bouzarif, Nancy Curtin, Kevin T. Kabat, Timothy Keaney, Judy Lee, Spiros Maliagros, Hazel McNeilage, Craig Smith, Michael Tiedemann and Tracey Brophy Warson were appointed as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Hazel McNeilage was appointed as Director at AlTi Global, Inc.. - Action: appointed - Role: Director source text: Effective as of the consummation of the Business Combination, Ali Bouzarif, Nancy Curtin, Kevin T. Kabat, Timothy Keaney, Judy Lee, Spiros Maliagros, Hazel McNeilage, Craig Smith, Michael Tiedemann and Tracey Brophy Warson were appointed as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Executive change Judy Lee was appointed as Director at AlTi Global, Inc.. - Action: appointed - Role: Director source text: Effective as of the consummation of the Business Combination, Ali Bouzarif, Nancy Curtin, Kevin T. Kabat, Timothy Keaney, Judy Lee, Spiros Maliagros, Hazel McNeilage, Craig Smith, Michael Tiedemann and Tracey Brophy Warson were appointed as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Governance Changes AlTi Global, Inc.: Company ceased being a shell company as a result of the Business Combination. - Change: shell status source text: As a result of the Business Combination, the Company ceased being a shell company. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Governance Changes AlTi Global, Inc.: Adopted a new code of business conduct and ethics effective upon consummation of the Business Combination. - Change: code of ethics source text: Effective upon the consummation of the Business Combination, the Company adopted a new code of business conduct and ethics (the "Code of Ethics") that applies to all of its employees, officers and directors, including those officers responsible for financial reporting. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Governance Changes AlTi Global, Inc.: Filed Certificate of Incorporation with the Secretary of State of Delaware upon domestication (effective 2023-12-30). - Change: charter amendment - Effective: 2023-12-30 source text: On December 30, 2023 (the business day before the Closing Date), the Company filed a Certificate of Incorporation with the Secretary of State of the State of Delaware. evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - M&A Transactions AlTi Global, Inc. completed a disposition involving AHRA Holdco for approximately £24 million (closed 2022-12-30). - Action: disposition - Counterparty: AHRA Holdco - Consideration: approximately £24 million - Closing: 2022-12-30 source text: On December 30, 2022, Alvarium RE Limited (“ARE”), an indirect wholly-owned subsidiary of Alvarium, sold Alvarium Home REIT Advisors Limited (“AHRA”), investment adviser to Home REIT plc, to a newly formed entity owned by the management of AHRA (“AHRA Holdco”), for aggregate consideration equal to approximately £24 million evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - M&A Transactions AlTi Global, Inc. underwent a change of control involving Alvarium Investments Limited, Tiedemann Wealth Management Holdings, LLC, TIG Trinity GP, LLC, and TIG Trinity Management, LLC (closed 2023-01-03). - Action: change of control - Counterparty: Alvarium Investments Limited, Tiedemann Wealth Management Holdings, LLC, TIG Trinity GP, LLC, and TIG Trinity Management, LLC - Closing: 2023-01-03 source text: On January 3, 2023 (the “Closing Date”), Cartesian Growth Corporation, a Cayman Islands exempted company (“Cartesian” or the “Company”), consummated the previously announced business combination (the “Business Combination”) pursuant to the terms of the Amended and Restated Business Combination Agreement, dated as of October 25, 2022 evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm - Material Agreements AlTi Global, Inc. entered into Investor Rights Agreements (Voting IRA) with certain Voting Parties (including Sponsor) valued at Voting agreement to support election or re-election of Shareholder Designee (effective 2023-01-09). - Action: entry - Counterparty: certain Voting Parties (including Sponsor) - Value: Voting agreement to support election or re-election of Shareholder Designee - Effective: 2023-01-09 source text: at the Closing, the Company entered into separate investor rights agreements with certain Voting Parties (as defined therein and which includes Sponsor) pursuant to which, among other things, the Voting Party agreed to vote in favor of the election or re-election of the Shareholder Designee as director of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1838615/000119312523004775/0001193125-23-004775-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.