Alvarium Tiedemann Holdings Signs a $250 Million Credit Facility

– Provides financial flexibility to execute growth initiatives and serve its global clients more efficiently –

NEW YORK – January 03, 2023–(BUSINESS WIRE)–Alvarium Tiedemann Holdings, Inc. (NASDAQ: ALTI) (“Alvarium Tiedemann” or “AlTi” or the “Company”) announced today that it has entered into a $250 million credit facility with a syndicate led by BMO Capital Markets Corp. (“BMO”). The facility, which includes a $150m revolving credit facility as well as a $100m term loan facility, is intended to be used for the payment of subsidiary debt and funding growth initiatives.

Alvarium Tiedemann will be able to expand its global platform, platform, and opportunities across all business lines with the new credit facility. It has a term that lasts five years.

“Strengthening our balance sheet will enable Alvarium Tiedemann to capitalize on opportunities to serve evolving clients’ needs more effectively,” said Michael Tiedemann, Chief Executive Officer of Alvarium Tiedemann. As a distinguished provider of financial advisory services, and other investment options, we are committed to maximizing our growth through organic growth and accretive purchases. We have integrated many businesses to date. This credit facility gives us the financial flexibility to carry out our growth plans to increase margins.

BMO, Fifth Third Bank N.A. and PNC Bank N.A. are joint lead arrangers and bookrunners. BMO Harris Bank N.A. The Administrative Agent is BMO Harris Bank N.A. The syndicate also includes CrossFirst Bank and Bank of America.

Alvarium Tiedemann
AlTi is an independent wealth and asset manager that provides entrepreneurs, multi-generational families and institutions with fiduciary abilities as well as alternative investment strategies, advisory services, and other investment strategies. AlTi’s comprehensive offering is underscored by a commitment to impact or values-aligned investing and generating a net positive impact through its business activities. The firm currently advises or manages approximately $60 billion of assets. It also has over 400 professionals on four continents. Visit us at for more information www.Alti-global.com.

Forward-Looking Statements
Certain statements contained in this press conference are “forward-looking statements” within the meanings of the 1995 United States Private Securities Litigation Reform Act. The words “estimates,” “projected,” “anticipates,” “forecasts,” “plans,” [intends], “believes], “seeks,” and variations of these words, or similar expressions (or negative versions thereof), are used in this press statement to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside AlTi’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include (i) the inability to recognize the anticipated benefits of the business combination; (ii) the inability to maintain the listing of AlTi’s shares on Nasdaq following the business combination; (iii) costs related to the business combination; (iv) the risk that the business combination disrupts current plans and operations as a result of the announcement and consummation of the business combination; (v) AlTi’s ability to manage growth and execute business plans and meet projections; (vi) potential litigation involving AlTi; (vii) changes in applicable laws or regulations, particularly with respect to wealth management and asset management; (viii) general economic and market conditions impacting demand for AlTi’s services, and in particular economic and market conditions in the financial services industry in the markets in which AlTi operates; and (ix) other risks and uncertainties indicated from time to time in AlTi’s registration statement on Form S-4, declared effective by the SEC on October 17, 2022, including those under “Risk Factors” therein, and in AlTi’s other filings with the SEC. Forward-looking statements only speak as of the date they were made. AlTi assumes no obligation to make any forward-looking statement, regardless of whether it is based on new information or future events. AlTi cannot promise that it will reach its expectations.

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Contacts

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Ben Shapiro
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Investors:
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Alex Jorgensen
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