XML 61 R3.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statement of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 65,494 $ 15,348
Investments at fair value 148,674 165,894
Equity method investments 27,517 14,194
Intangible assets, net of accumulated amortization 469,563 435,677
Goodwill 377,842 411,634
Operating lease right-of-use assets 50,436 48,313
Deferred tax asset, net 21,505 0
Other assets, net 59,797 48,182
Contingent consideration receivable 1,389 0
Assets held for sale 0 56,634
Total assets 1,255,833 1,266,297
Liabilities    
Accounts payable and accrued expenses 33,976 37,156
Accrued compensation and profit sharing 60,074 61,768
Accrued member distributions payable 3,355 7,271
Earn-out liabilities, at fair value 64,639 63,444
TRA liability (includes $9,378 and $13,233 at fair value, respectively) 28,765 17,607
Preferred stock tranche liability, at fair value 3,940 0
Delayed share purchase agreement 0 1,818
Earn-in consideration payable 932 1,830
Operating lease liabilities 63,055 56,123
Debt, net of unamortized deferred financing cost 0 186,353
Deferred tax liability, net 10,977 14,109
Other liabilities, net 15,925 22,533
Liabilities held for sale 0 13,792
Total liabilities 285,638 483,804
Commitments and contingencies (Note 20)
Shareholders’ Equity    
Additional paid-in capital 652,857 536,509
Retained earnings (accumulated deficit) (296,561) (193,527)
Accumulated other comprehensive income (loss) (1,569) 9,155
Total AlTi Global, Inc. shareholders’ equity 658,402 352,144
Non-controlling interest in subsidiaries 311,793 430,349
Total shareholders’ equity 970,195 782,493
Total liabilities, mezzanine equity, and shareholders’ equity 1,255,833 1,266,297
Series A Preferred Stock    
Mezzanine Equity    
Preferred stock 142,858 0
Series C Preferred Stock    
Mezzanine Equity    
Preferred stock 160,808 0
Class A Common Stock    
Shareholders’ Equity    
Common stock 9 7
Class B Common Stock    
Shareholders’ Equity    
Common stock 0 0
Class C Common Stock    
Shareholders’ Equity    
Common stock 0 0
Fees receivable    
Assets    
Fees receivable, net (includes $920 and $16,069 of related party receivables, respectively) $ 33,616 $ 70,421