On April 1, 2024, Seward & Kissel client AlTi Global, Inc. announced its acquisition of East End Advisors.
AlTi Global, Inc. (“AlTi”) announced on April 1, 2024 that it had acquired East End Advisors (“EEA”). AlTi acquired EEA for an initial purchase price of approximately $76 million. AlTi (NASDAQ: ALTI), based in New York, is a global wealth and alternatives manager providing entrepreneurs, multi-generational families, and institutions with fiduciary capabilities, alternative investment strategies and advisory services. As of December 2023, AlTi had $71 billion in assets under management and advisement. Seward & Kissel served as counsel to AlTi, with a team comprised of Partners Craig Sklar, Kevin Cassidy, Anne Patin, David Baron, Bradley Fay, and Brett Cotler, Counsel Michael O’Brien, Ian Silver, and Casey Jennings, and Associates Eric Buchanan, Stephen Marks, Olivia Herrera, Tyler Hendricks, Elyse Moy, Maryanne Liu, and Joaquin Diaz.
EEA, based in New York, is an independent advisory firm offering customized portfolio management and investment services to ultra-high-net-worth families and foundations. As of March 30, 2023, EEA had $5.6 billion in assets under management.
To read the press release: please click here.