AlTi Global lines up $85M secured credit facility from Diameter Finance
What's the deal? AlTi Global, the New York-based wealth management firm, has secured an $85 million senior secured credit facility from Diameter Finance, according to an October 20 regulatory filing. The facility pairs a $60 million term loan — including $32 million in delayed-draw commitments available for up to 24 months — with a $25 million revolving credit line.
The terms: Borrowings carry interest at Adjusted Term SOFR plus 5.25% or the base rate plus 4.25%, at AlTi's choice, with the facility maturing in 2032. Diameter Finance Administration LLC serves as administrative and collateral agent.
Why it matters: This is more than routine debt. The facility is secured by substantially all assets of the borrowing group and guaranteed by AlTi and certain subsidiaries, giving the firm long-dated liquidity and borrowing flexibility. The filing does not say how AlTi will use the proceeds.
Why now? The financing follows a period of retrenchment. AlTi has been simplifying operations and focusing on core wealth management after placing its international real-estate business under administration.
What's the endgame? Its core business showed momentum in the second quarter of 2026, reporting $51 billion in assets under management and roughly $700 million in net inflows. Management has continued a strategic review aimed at boosting shareholder value.
The signal: As a post-IPO debt raise, the facility sits in the top tier of deals by size — in the 99.9th percentile. For a firm midway through a turnaround, locking in committed capital through 2032 buys runway to execute without returning to the market.
Read more: kalkinemedia.com
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