Revenue Growth
AlTi generated $58 million in consolidated revenue for Q1 2025, representing a 14% increase year-over-year. The core Wealth Management and Capital Solutions segment saw a 23% rise in revenue.
Increase in Assets Under Management
There was a 10% increase in Assets Under Management and advisement, driven by last year's acquisitions and solid portfolio performance.
Successful Acquisition of Kontora
The acquisition of Kontora marks AlTi's entry into Germany, expanding its global footprint. This acquisition is expected to be accretive to EBITDA and enhance platform profitability through increased scale and operational synergies.
Private Credit Program Success
The new private credit program launched in partnership with Allianz X has secured approximately $240 million in commitments from International Wealth clients by the end of Q1 2025.
Strong Investment Performance
The Asian Credit and European long/short equity strategies delivered returns of 13.3% and 11.9%, respectively, for the year, contributing to robust investment distributions.
Operational Efficiency Initiatives
AlTi launched a zero-based budgeting process to drive productivity and enhance cost efficiency, which is expected to yield substantial annual savings.