AlTi Raises $85 Million in Debt Capital from Apollo, Kennedy Lewis and Diameter
On October 20, 2026, Seward & Kissel client, AlTi Global announced that it has raised approximately $85 million in debt capital from Diameter Capital Partners, Seward & Kissel client Kennedy Lewis Investment Management and Apollo Global Management.
AlTi Global, Inc. (“AlTi Global”) announced, on October 20, 2026, that it has raised approximately $85 million in debt capital from Diameter Capital Partners (“Diameter”), Kennedy Lewis Investment Management (“Kennedy Lewis”), and Apollo Global Management (“Apollo”). The debt capital consists of a $60 million term loan and a $25 million revolving credit facility, each maturing in 2032. Diameter is serving as the loan’s administrative agent, while Kennedy Lewis served as lead arranger. Further terms of the transaction were not disclosed.
AlTi Global (NASDAQ: ALTI), based in New York, is registered investment advisor and independent global wealth and investment manager providing wealth management, trust and fiduciary, philanthropy, and access to alternative investments, to families, foundations and institutions. As of June 30, 2026, AlTi Global had approximately $96 billion in client assets.
Apollo (NYSE: APO), based in New York, is a global alternative asset manager investing across the risk-reward spectrum from investment grade credit to private equity. As of June 30, 2026, Apollo had approximately $1.05 trillion in assets under management.
Kennedy Lewis, based in New York, is an institutional alternative investment firm focused on credit strategies, including opportunistic credit, non-sponsored senior lending, homebuilder finance and collateralized loan obligations (“CLOs”). Kennedy Lewis has more than $37 billion in assets under management.
Diameter, based in New York, is a registered investment advisor and alternative asset manager focused on the global credit markets, combining fundamental credit research and trading to invest across hedge funds, private credit, dislocation and structured credit strategies. Diameter has approximately $28.7 billion in assets under management.
To read the press release: please click here.