© Reuters.
NEW YORK – AlTi Global, Inc. (NASDAQ:ALTI), a prominent wealth and alternatives manager with over $70 billion in assets, has announced a leadership restructure. The company’s Chief Operating Officer, Kevin Moran, has been promoted to President, a move aimed at strengthening the firm’s management as it prepares to leverage upcoming growth opportunities.
This strategic shift follows the recent investment announcement involving Allianz (ETR:) X and Constellation Wealth Capital, which will inject up to $450 million into AlTi Global. Moran, who has been with the company for nearly 15 years, will continue his COO duties while taking charge of the Wealth Management and Strategic Alternatives divisions.
Michael Tiedemann, CEO of AlTi Global, expressed enthusiasm for the reorganization, stating it is a response to the firm’s significant growth and potential. He praised Moran’s leadership and expressed his intention to focus more on strategic external matters while collaborating with Moran on the company’s future endeavors.
AlTi Global, known for its fiduciary capabilities and alternative investment strategies, serves a diverse clientele, including entrepreneurs, families, institutions, and emerging leaders. The firm boasts a robust network of approximately 480 professionals spread across three continents.
The information for this article is based on a press release statement from AlTi Global, Inc.
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