secwatch.observer — SEC 8-K summary
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Issuer:     AlTi Global, Inc. (ALTI)
CIK:        0001838615
Form:       8-K
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001628280-24-013885
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AlTi Global acquires East End Advisors for $76M upfront, expanding UHNW wealth platform
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- Initial purchase price ~$76M; additional EBITDA-based contingent consideration over 5 years.
- East End Advisors has ~$5.6B AUM; acquisition follows up to $450M strategic investment from Allianz X and Constellation Wealth Capital.
- Transaction expected to close early Q2 2024, subject to customary conditions.
- Deal deepens AlTi's presence in U.S. family office hubs and expands OCIO capabilities.
- Initial consideration funded by Constellation Wealth Capital investment; a portion of contingent consideration may be paid in Class A stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838615/000162828024013885/0001628280-24-013885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838615/000162828024013885/alti-20240401.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-013885

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer