AlTi Global's Leadership Shakeup, Fee Surge, Narrower Loss
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Show Notes
AlTi Globals stock rose slightly, but lagged behind the market, as the wealth management firm reported a 54% year-over-year revenue increase, driven by incentive fees from arbitrage plays. Despite a GAAP net loss, adjusted non-GAAP figures showed a profit, and a leadership shakeup saw Nancy Curtin replace Michael Tiedmann as interim CEO. The market is watching for tighter execution under new leadership.
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