On May 9, 2024, Seward & Kissel client AlTi Global, Inc. announced its acquisition of Envoi, LLC.
AlTi Global, Inc. (“AlTi”), announced that it has acquired Envoi, LLC (“Envoi”). 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, Patricia Poglinco, David Baron, Bradley Fay, Brett Cotler, Counsel Michael O’Brien and Ian Silver, and Associates Eric Buchanan, Stephen Marks, Mercy Romero Alemán, Charlie Enberg, Ashley Lin, Elyse Moy, Joaquin Diaz, and Maryanne Liu.
Envoi, based in Minneapolis, Minnesota, is a family office focused on multi-generational family wealth. As of May 2024, Envoi had $3.0 billion in assets under management. Piper Sandler served as exclusive financial advisor to Envoi on the transaction.
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