AlTi Global, Inc. announced on March 6, 2025, its agreement to acquire Kontora Family Office GmbH, a multi-family office and asset management company based in Hamburg, Germany. Kontora manages approximately €14 billion in assets.
This acquisition marks AlTi's official entry into Germany, which represents the third largest ultra-high-net-worth (UHNW) market globally, significantly expanding its European presence. This transaction is the first European-based acquisition for AlTi following strategic investments from Allianz X and Constellation Wealth Capital.
The acquisition is expected to close early in the second quarter of 2025, subject to customary closing conditions. Kontora's Co-Chief Executive Officers, Stephan Buchwald and Dr. Patrick Maurenbrecher, are expected to reinvest a portion of the proceeds into AlTi and assume senior positions to drive AlTi's strategy in the German market.
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