M&A – Business Combination between Tiedemann Advisors, TIG Advisors, Alvarium Investments Limited and Cartesian Growth Corporation (NASDAQ: GLBL)

Represented Tiedemann Advisors and TIG Advisors in connection with their business combination with Alvarium and Cartesian Growth Corporation (NASDAQ: GLBL), a special purpose acquisition company, to form Alvarium Tiedemann Holdings (“Alvarium Tiedemann” or “AlTi”), creating a leading independent, global wealth and asset manager providing entrepreneurs, multi-generational families, institutions and emerging next-generation leaders with fiduciary capabilities as well as alternative investment strategies and strategic advisory services. The combined company is expected to oversee $54 billion in assets under management (AUM) and assets under advisement (AUA) on behalf of families and institutions around the world. The combined company is expected to have a post-transaction equity value of approximately $1.4 billion.

The proposed transaction will form Alvarium Tiedemann Holdings, which is expected to be a leading independent, global investment firm providing institutions, entrepreneurs, families and emerging next-generation leaders with fiduciary capabilities as well as investment strategies and services. The constituent firms’ expansive international network across four continents, diverse expertise and access to private and institutional capital is expected to provide a compelling portfolio of services. This comprehensive offering will be underscored by a commitment to impact or values-aligned investing and offer trusted advisory services to family-owned businesses as well as real asset direct and co-investment opportunities. Alvarium Tiedemann’s common stock is expected to be publicly traded on Nasdaq under the ticker symbol “GLBL” following the closing of the transaction, which is anticipated in the first quarter of 2022. Alvarium Tiedemann will be headquartered in New York.