On July 11, 2025, AlTi Global's board of directors approved a plan to conduct an orderly wind-down of its International Real Estate Businesses. Teneo has been appointed to manage this process.
These businesses were deemed non-core to AlTi's long-term strategy following a strategic review initiated in September 2024. The segment had been a consistent drag on adjusted EBITDA, running at approximately $2 million negative per quarter.
This strategic exit is a major milestone aimed at simplifying the firm and reallocating resources towards businesses anchored in recurring revenue and positioned for scalable growth. Management anticipates that the elimination of these expenses will lead to significantly lower overall costs and higher EBITDA from the second half of 2025.
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