ALTi Global Soars 17% on Report of Take-Private Talks

ALTi Global, a wealth management firm, saw a 17% surge after a report that it is pursuing a take-private deal with JPMorgan as its advisor. The report, from Citywire, cited unidentified sources.

ALTi Global, a multi-family office and alternative asset manager with approximately $76 billion in assets under management, has seen a significant 17% surge in its stock price following a report that the company is pursuing a take-private deal. The news, reported by Citywire, cited unidentified sources familiar with the matter [1].

According to the report, New York City-based AlTi Global has retained JP Morgan to serve as its financial advisor in its search for potential bidders. The wealth management firm is expected to report its Q2 results on Monday. Spokespeople for AlTi Global and a JP Morgan spokeswoman declined to comment on the matter [1].

The take-private talks come as AlTi Global continues to expand its operations, including a recent acquisition that has signaled an expanded presence in Germany. The firm's Q1 2025 earnings call outlined a platform scale of $82 billion [2].

Investors have responded positively to the news, with ALTi Global's stock price jumping 17% on the report. The move to take the company private could offer several strategic benefits, including increased flexibility in decision-making and potentially improved operational efficiency.

The financial markets will closely watch AlTi Global's Q2 results and any further developments in its take-private talks. The company's ability to navigate these complex transactions and maintain its growth trajectory will be key to its future success.

References:
[1] https://citywire.com/pro-buyer/news/76bn-alti-global-pursuing-take-private-sale-sources/a2471556
[2] https://seekingalpha.com/news/4479058-alti-global-gains-on-report-of-take-private-talks