Press release
Cartesian Growth Corporation Shareholders Approve Business Combination with Tiedemann Group and Alvarium Investments
– Expected closing date on or about January 3, 2023 – – Combined company to operate as Alvarium Tiedemann Holdings (“AlTi”) and expected to begin trading on
About this update from Alti Global, Inc.
[{"type":"text","content":"\n– Expected closing date on or about January 3, 2023 –\n\n– Combined company to operate as Alvarium Tiedemann Holdings (“AlTi”) and expected to begin trading on NASDAQ under ticker \"GLBL\" on or about January 4, 2023 –\n\n NEW YORK--(BUSINESS WIRE)--\nCartesian Growth Corporation (“Cartesian”) (NASDAQ: GLBL), a publicly traded special purpose acquisition company, announced today that in an extraordinary general meeting on November 17, 2022, its shareholders voted to approve its proposed business combination (the “Business Combination”) with Tiedemann Group (“Tiedemann”) and Alvarium Investments Limited (“Alvarium”).\n\nClosing-related processes are underway; in the interest of merger-accounting simplicity, the closing will be held on or about January 3, 2023, after the end of the 2022 fiscal year.\n\nUpon closing, the combined company will operate as Alvarium Tiedemann Holdings (“Alvarium Tiedemann” or “AlTi”) and its common stock and warrants are expected to be listed on NASDAQ under the ticker symbols “GLBL” and “GLBLW”, respectively.\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 opportunities from specialist alternative managers and real asset operating partners in real estate and the innovation economy. Alvarium has over 220 employees in 13 locations in 10 countries, advising across four service lines — investment advisory, co-investments, merchant banking and family office services. For more information about Alvarium, please visit www.alvariuminvestments.com.\n\nAbout Tiedemann Group\n\nTiedemann Group comprises Tiedemann Advisors LLC (“Tiedemann Advisors”), a leading independent wealth and investment advisor for high-net-worth families, trusts, foundations and endowments, particularly in the U.S.; TIG Advisors LLC (“TIG”), an alternative asset manager; and Tiedemann Constantia, the international operations of Tiedemann Advisors.\n\nTiedemann Advisors is an independent investment and wealth advisor for high-net-worth individuals, family offices, trusts, foundations, and endowments. Founded in 1999, Tiedemann Advisors has nine offices across the U.S. Tiedemann's international ope...