Alti Global taps tech VC vet for new private-market strategy

Alti Global taps tech VC vet for new private-market strategy
The multibillion-dollar alts platform’s new fund offers exposure to high-potential private tech companies across the US, Europe and Asia.
MAY 01, 2024

AlTi Tiedemann Global is offering another on-ramp to the private markets as it collaborates with a vaunted tech investment specialist.On Wednesday, the independent global wealth manager unveiled a partnership with noted technology investor Hiro Tamura to launch a new growth equity strategy focused on private growth-stage technology companies. This move marries Tamura's expertise with AlTi's robust platform, aiming to enhance its exposure to private-market investments in the tech sector.

With over $70 billion in combined assets, AlTi Tiedemann Global is expanding its footprint in the technology investment space through this collaboration with Yuma Crossing Capital Advisors, a new entity Tamura founded after leaving his managing partner position at Atomico, a venture capital firm. This partnership is poised to leverage AlTi's long-standing experience as an allocator to leading private market funds and Tamura's significant track record in tech investments.

Kevin Moran, president and chief operating officer of AlTi Tiedemann Global, expressed enthusiasm about the new venture.

"AlTi’s strategy is to become the leading global independent wealth manager with strategic and targeted expertise in alternatives. … I am delighted to expand our capabilities into the highly compelling growth tech sector through our partnership with Hiro," Moran said in a statement.

The AlTi-Yuma strategy will target high-potential private technology companies across the US, Europe, and Asia. The initiative is part of AlTi’s broader aim to diversify its wealth management services and solutions, offering access to unique investment opportunities.

Hiro Tamura, who brings over 27 years of experience in technology investing and advisory roles, underscored the collaboration's potential.

"AlTi’s successful track record of partnering with leading fund managers, coupled with its global platform and extensive expertise, makes AlTi a clear partner of choice,” Tamura said, commending the firm’s commitment to “supporting the next generation of sector-defining entrepreneurs.”

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