Allianz X and AlTi Global Unite to Offer Private Debt Access for Ultra-High-Net-Worth Investors in New Strategic Partnership

Allianz X and AlTi Global Unite to Offer Private Debt Access for Ultra-High-Net-Worth Investors in New Strategic Partnership

(IN BRIEF) Allianz X has partnered with AlTi Global to launch a private markets investment platform tailored for ultra-high-net-worth clients, initially focusing on private debt. Through this joint venture with Allianz Global Investors, the program will provide UHNW investors with exclusive access to premier private debt opportunities, including secondaries and co-investments, alongside Allianz. This collaboration leverages Allianz’s expertise in private markets to democratize access for high-net-worth clients, while AlTi expands its investment offerings with an innovative, flexible structure.

(PRESS RELEASE) MUNICH, 5-Nov-2024 — /EuropaWire/ — Allianz X has announced a new joint venture with AlTi Global, Inc., a major independent global wealth manager, to create a private markets investment platform targeting ultra-high-net-worth (UHNW) clients. In partnership with Allianz Global Investors (AllianzGI), this initiative aims to make private market opportunities more accessible to UHNW clients by offering investments in private debt through an exclusive program. The venture allows these investors to participate in high-quality, large-scale private debt opportunities alongside Allianz, benefiting from AllianzGI’s extensive network and strong track record in private markets.

Initially focused on the $1.5 trillion global private debt market, the program provides UHNW clients with access to premier third-party managers, secondaries, and co-investments, a model that reduces entry costs and expands investment possibilities. AllianzGI, one of the world’s largest private debt investors, leverages its deep expertise and resources to offer clients diversified private debt options with attractive risk-adjusted returns.

This collaboration builds on Allianz X’s strategic vision following its recent investment of up to $300 million in AlTi. Together, Allianz X and AlTi aim to reshape private market access for UHNW investors by providing diversified investment options that align with growth and wealth preservation goals. The private debt program will be structured as a semi-liquid evergreen model, broadening AlTi’s offerings with sustained flexibility in strategies, regions, and risk profiles.

AlTi CEO Michael Tiedemann emphasized that the partnership brings unmatched value to clients by combining resources and access to Allianz’s prestigious network of third-party managers. AllianzGI CEO Tobias Pross highlighted the growing role of private debt in diversifying UHNW portfolios. Allianz X CEO Nazim Cetin added that the venture marks a strategic milestone in expanding access to private markets, particularly private debt, with a focus on continued growth in the UHNW wealth segment.

The finalization of the joint venture and program launch is pending regulatory approval and the completion of definitive agreements.

About AlTi
AlTi Tiedemann Global is a leading independent global wealth manager providing entrepreneurs, multi-generational families, institutions, and emerging next-generation leaders with fiduciary capabilities as well as alternative investment strategies and advisory services. AlTi’s comprehensive offering is underscored by a commitment to impact or values-aligned investing. The firm currently manages or advises on over $72 billion in combined assets and has an expansive network with approximately 400 professionals across three continents. For more information, please visit us at www.Alti-global.com.

About Allianz Global Investors
Allianz Global Investors is a leading active asset manager with over 600 investment professionals in over 20 offices worldwide and managing EUR 555 billion in assets. We invest for the long term and seek to generate value for clients every step of the way. We do this by being active — in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives.

Data as at 30 June 2024. Total assets under management are assets or securities portfolios, valued at current market value, for which Allianz Global Investors companies are responsible vis-á-vis clients for providing discretionary investment management decisions and portfolio management, either directly or via a sub-advisor (these include Allianz Global Investors assets which are now sub-advised by Voya IM since 25 July 2022). This excludes assets for which Allianz Global Investors companies are primarily responsible for administrative services only. Assets under management are managed on behalf of third parties as well as on behalf of the Allianz Group.

About Allianz X
Allianz X invests in innovative growth companies in ecosystems relevant to insurance and asset management. It has a global portfolio of around 25 companies and assets under management of about 1.7 billion euros. Allianz X has counted 12 unicorns among its portfolio so far. The heart, brains, and drive behind it all are a talented team of around 40 people in Munich and New York.

On behalf of leading global insurer and asset manager Allianz Group, Allianz X provides an interface between Allianz companies and the broader ecosystem, enabling collaborative partnerships in insurtech, fintech, wealth, and beyond.

As an investor, Allianz X supports growth companies to take the next bold steps and realize their full potential.

Keep up with the latest at Allianz X on Medium, LinkedIn, and X (formerly Twitter).

Disclaimer & Privacy Notice
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Media Contacts:

AlTi Tiedemann Global Investor Relations:
Lily Arteaga
Head of Investor Relations
investor@alti-global.com<

AlTi Tiedemann Global Media Relations:
Alex Jorgensen
pro-alti@prosek.com

Allianz Global Investors Media Relations:
Marion Leblanc-Wohrer
marion.leblancwohrer@allianzgi.com

Pia Groeger
Pia.groeger@allianzgi.com

Allianz X Media Relations:
Allianz X Communications
mediarelations@allianz.com

SOURCE: Allianz