PRESS RELEASE
ALTI Financial Appoints Christopher R. Behrens as Corporate Board Director
New York, NY — ALTI Financial (“ALTI”), a leading provider of innovative private markets solutions for individual investors, is delighted to announce the appointment of Christopher R. Behrens as a Corporate Board Director. Behrens brings unique and significant experience and expertise to the board, amassed from his distinguished career transforming and scaling companies profitably, most recently in the wealth management industry.
ALTI Team
15 May 2024
Behrens served as the Chief Executive Officer and Board Member of The Mather Group (TMG), a family and employee-owned wealth management firm based in Chicago. During his tenure at TMG, Behrens played a pivotal role in scaling the firm's assets under management from $2.9 billion to over $11.7 billion in just under four years.
His strategic leadership and vision propelled TMG to new heights, leveraging his skills in strategic planning, organizational design and structure, accelerated growth, both organically and through M&A, and innovation.
"At ALTI, we are thrilled to welcome Chris to our board of directors," said Joseph Bonvouloir, CEO of ALTI. "His extensive experience in understanding client’s investment needs and pain points, as well as his knowledge of the industry will be extremely helpful as we continue to focus on partnerships and expansion in the industry."
Behrens' decision to join ALTI comes at a pivotal time for the organization, as it seeks to strengthen its executive structure and capitalize on strategic growth opportunities. His expertise in institutionalizing businesses for growth aligns perfectly with ALTI’s objectives and vision for the future.
"ALTI’s commitment to innovation and delivering best-in-class private equity investment solutions to clients aligns closely with my own values and aspirations," said Behrens. "I am excited to join the board of directors and contribute to the continued success and growth of the organization."
As a Corporate Board Director, Behrens will provide strategic guidance and governance oversight to ALTI, drawing on his extensive experience in leading and scaling wealth management firms. His insights and expertise will play a crucial role in shaping the company's strategic direction and driving sustainable growth.
Financial professionals who would like to learn more about ALTI’s investment solutions may contact ALTI at michael@altifinancial.com. You may also learn more about ALTI at www.altifinancial.com. About ALTI Financial: ALTI Financial (‘ALTI’) is an asset manager broadening access to institutional private equity for individual investors. ALTI’s mission is to create a more inclusive and equitable financial system, committed to breaking down the barriers that have traditionally prevented individuals from accessing high-quality private equity investments. Led by professionals with decades of experience from PE’s largest institutions, ALTI is primarily backed by Pacific Current Group, a publicly traded, multi-boutique asset management investor. Further information can be found at www.altifinancial.com. Important Information 1. The Fund must raise sufficient capital (approximately $30,000,000, subject to Board approval) within one year of the date of this prospectus before the Adviser will be permitted to begin purchasing and/or making capital commitments to Private Equity Investments on behalf of the Fund. If the Fund does not raise such sufficient capital within such time period, the Fund will liquidate its holdings and return capital to shareholders. 2. Past success of Firm affiliates is not an endorsement or guarantee of the Fund’s future success. 3. All 1940 Act Investment Funds must elect a board of trustees prior to effectiveness that is comprised of a majority of independent directors who represent fund shareholder interests. 4. The Fund will invest in private equity co-investments which are direct investments into companies alongside private equity firms. An investor should consider the Fund’s investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information can be found in the Fund’s prospectus. To obtain a prospectus, please call (347) 644-2066. Please read the prospectus carefully before investing. Investment in the Fund is speculative and involves substantial risks, including the risk of loss of a Shareholder’s entire investment. You should consider the shares to be an illiquid investment. An investor’s participation in the Fund is a long-term commitment, with no certainty of return. No Shareholder or other person holding Shares acquired from a Shareholder has the right to require a Fund to repurchase any Shares. No public market for Shares exists, and none is expected to develop in the future. The Fund is a newly formed investment company with no operating or performance history that Shareholders can use to evaluate the Fund. The Adviser is newly formed and, as a result, has not previously served as investment adviser to a registered investment company. As a start-up company, the Adviser has no operating history and has limited liquidity. In pursuing its investment objective, during an initial launch and ramp-up period, the Fund expects to allocate significant assets to the Sub-Adviser (Man Numeric). The Sub-Adviser will manage such allocation in a manner which seeks to build a portfolio of cash, cash equivalents, and a public equity strategy that seeks to generate a return profile that is similar to the U.S. buyout segment of the private equity market. The percentage of the Fund’s assets allocated to the Sub-Adviser is expected to decrease as the Fund consummates Private Equity Investments. There can be no guarantee that any strategy (risk management or otherwise) will be successful. All investing involves risk, including the potential loss of principal. The ability of the Fund to achieve its investment objective depends, in part, on the ability of the Private Equity Investors to source and diligence appropriate Private Equity Investments for the Fund, and for the Adviser to choose and effectively allocate the Fund’s assets among such Private Equity Investments. There can be no assurance that the actual allocations will be effective in achieving the Fund’s investment objective or delivering positive returns. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund and may be subject to greater risks and fluctuations than a portfolio representing a larger number of holdings. Shareholders will pay a pro rata share of asset-based and carried interest fees associated with the Fund’s underlying investments and may be subject to a higher level of expenses than other types of investment entities as a result. All or a portion of a distribution may consist solely of a return of capital (i.e., from your original investment) and not a return of net profit. Shareholders should not assume that the source of a distribution from the Fund is net profit. Shareholders should note that return of capital will reduce the tax basis of their Shares and potentially increase the taxable gain, if any, upon disposition of their Shares. Please see the prospectus for details of these and other important risk considerations. The ALTI Private Equity Access and Commitments Fund is distributed by UMB Distribution Services, LLC, which is not affiliated with ALTI Financial.