AlTi Global's CEO Michael Tiedemann Steps Down; Nancy Curtin Named Interim CEO
Nasdaq-listed AlTi Global with $93 billion AUM CEO Michael Tiedemann has stepped down nearly three years after the SPAC listing, moving into an advisory role as global CIO Nancy Curtin becomes interim CEO. Since 2023, AlTi has completed acquisitions including a $15 billion Hamburg multi-family office.
1. CEO Transition at AlTi Global
Michael Tiedemann, founding partner and CEO of the Nasdaq-listed wealth manager overseeing $93 billion in assets, has resigned from his leadership role nearly three years after the SPAC merger. He will continue to advise the firm during the leadership transition.
2. Interim Leadership by Nancy Curtin
Nancy Curtin, AlTi's global chief investment officer and veteran of Alvarium Investments and Close Brothers Asset Management, has been appointed interim CEO. She will lead the firm’s ultra-high-net-worth strategy while a permanent successor is sought.
3. Stock Reaction
AlTi’s shares have declined roughly 30% from their early-year peak but remain above last year’s levels. Investors will be watching leadership changes for signs of strategic continuity or shift.
4. Strategic Growth and Acquisitions
Since its 2023 SPAC listing, AlTi has executed multiple acquisitions to expand its global footprint, including a $15 billion multi-family office in Hamburg and other U.S. and European targets, aiming to broaden offerings for foundations and endowments.