Press release
Cartesian Growth Corporation Announces Filing of Registration Statement on Form S-4 in Connection with its Proposed Business Combination with Tiedemann Group and Alvarium Investments
NEW YORK--(BUSINESS WIRE)-- Cartesian Growth Corporation (“Cartesian”) (NASDAQ: GLBL), a publicly traded special purpose acquisition company, today announced
About this update from Alti Global, Inc.
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nCartesian Growth Corporation (“Cartesian”) (NASDAQ: GLBL), a publicly traded special purpose acquisition company, today announced the filing with the U.S. Securities and Exchange Commission (the \"SEC\") of a registration statement on Form S-4 (the \"Registration Statement\") in connection with the previously announced proposed business combination among Cartesian, Tiedemann Group1 (“Tiedemann”) and Alvarium Investments Limited2 (“Alvarium”). The proposed business combination will form Alvarium Tiedemann Holdings (“Alvarium Tiedemann”).\n\nThe Registration Statement contains a preliminary proxy statement and prospectus in connection with the proposed business combination. While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about Tiedemann and Alvarium and the proposed business combination with Cartesian.\n\nCompletion of the proposed business combination is subject to the Registration Statement being declared effective by the SEC, the approval of the proposed business combination by Cartesian's shareholders, the receipt of regulatory approvals in certain jurisdictions where Tiedemann and Alvarium operate, and other customary closing conditions. Cartesian's Class A ordinary shares are currently traded on Nasdaq under the symbol \"GLBL.\" Upon completion of the proposed business combination, Alvarium Tiedemann Class A common stock is expected to be publicly listed under the same ticker symbol.\n\n“We are excited about the pending business combination to form Alvarium Tiedemann and look forward to partnering with its proven team as we introduce its differentiated investment platform to the public markets,” said Peter Yu, Chairman and CEO of Cartesian. “As the wealth management and investment advisory industry continues to evolve, we believe Alvarium Tiedemann can extend its global leadership position. We are optimistic about the opportunities this potential combination will bring in 2022 and beyond.”\n\nAbout Alvarium Investments\n\nAlvarium is an independent investment firm, global multi-family office and merchant banking boutique providing tailored solutions for families, foundations and institutions across the Americas, Europe and Asia-Pacific. Alvarium offers direct and co-investment opportunitie...