AlTi Global acquires Kontora Family Office

AlTi Global (ALTI) announced the acquisition of Kontora Family Office. Kontora is a multi-family office and asset management company headquartered in Hamburg, Germany focused on UHNW families, entrepreneurs and select institutions. The firm has assets under management of approximately EUR 14B. As part of the transaction, it is expected that co-CEOs Stephan Buchwald and Patrick Maurenbrecher will reinvest a portion of the proceeds into AlTi and will undertake senior positions within AlTi to play a key role in the execution of AlTi’s strategy for the German market.