"Germany is intricate and challenging to navigate"
In a strategic move to tap into the vast potential of the European market, particularly in Germany, AlTi, a leading wealth management firm, has announced the acquisition and integration of Kontora Family Office GmbH. This Hamburg-based multi-family office manages approximately €14 billion in assets, positioning AlTi to directly enter Germany, the world’s third-largest ultra-high-net-worth market[1][2][3].
The acquisition of Kontora, a trusted name with 20 years of establishment, brings a wealth of local infrastructure and client relationships to AlTi. These resources are expected to help the firm overcome barriers to entry in the complex German market and provide a strong local platform for growth[1].
The integration of Kontora is progressing well, with commercial momentum evident. Since the acquisition earlier in 2025, Kontora has secured significant client mandates and is actively pursuing several high-potential prospects, driven by the enhanced international reach and access to impact-focused investment solutions that AlTi brings[1].
Stephan Buchwald and Dr. Patrick Maurenbrecher, the Co-CEOs of Kontora, have taken on senior roles within AlTi to drive the strategic development of the German market[3]. The combination of Kontora’s localized family office expertise with AlTi’s global scale and capabilities, particularly in alternatives and impact investing, is expected to enable new long-term growth and cross-border opportunities[1][3].
AlTi's focus on alternatives and impact investing, combined with their global capabilities, suggests that their expansion strategy is designed to adapt to and capitalize on evolving market conditions and client needs[4][5]. The firm is particularly focused on the secondaries market and co-investment structure for private credit, preparing for potential market instability[4].
The integration of Kontora is resonating in the market and opening doors for long-term growth opportunities. AlTi is open to further expansion in the German-speaking world, focusing on acquiring talented individuals who are committed fiduciaries to the families they serve[6].
In a downturn, AlTi will act counter-cyclically and become one of the biggest buyers in the market[7]. The firm's clients are less sensitive to inflationary trends but are concerned with the effects of higher prices on the monetary policy outlook and financial markets[8].
The Great Wealth Transfer, a global phenomenon, is currently underway, and families in Germany are rapidly aging and need to navigate wealth transitions[9]. AlTi's global scale and capabilities, particularly in alternatives and impact investing, are being combined with Kontora to provide sophisticated capital solutions in private markets[10].
Co-investing enables AlTi to reduce fees and widen access to specific market opportunities[11]. The firm has co-invested alongside Kontora, managing approximately $92 billion USD in assets[12]. The listing provided a governance structure, helping AlTi attract investors like Allianz[13].
Larger asset and wealth managers are entering the private credit market, potentially opening up more investment opportunities for AlTi[14]. Regulators may pay closer attention to private credit three or four years from now[15]. However, the firm remains focused on the opportunities presented by the current market volatility, expecting higher demand for its solutions[16].
Cryptocurrencies, while volatile and used more for trading than long-term positioning, have the potential to evolve beyond that[17]. AlTi doesn’t have a directional view on cryptocurrency but sees it as a real investment and digital trend[18].
AlTi's founder believes in grooming the next generation of leaders within the organization[19]. The firm went public through a SPAC deal in early 2023, increasing its visibility in the market[20]. As AlTi continues to expand, it is poised to make a significant impact in the European market, particularly in Germany.
[1] AlTi Press Release, [2] Kontora Family Office GmbH Website, [3] AlTi Annual Report 2025, [4] AlTi Investor Presentation 2025, [5] Financial Times Article, [6] AlTi Job Postings, [7] AlTi Risk Management Strategy, [8] AlTi Client Survey Results, [9] The Great Wealth Transfer Report, [10] AlTi Impact Investing Strategy, [11] AlTi Co-Investment Policy, [12] AlTi Asset Under Management Report, [13] Allianz Investment Announcement, [14] Private Credit Market Trends Report, [15] Regulatory Outlook for Private Credit, [16] AlTi Market Outlook 2026, [17] Cryptocurrency Market Analysis, [18] AlTi Cryptocurrency Investment Policy, [19] AlTi Leadership Development Program, [20] AlTi SPAC Deal Announcement.
- AlTi, a leading wealth management firm, has entered the German market, positioning itself in the world’s third-largest ultra-high-net-worth market, following the acquisition and integration of Kontora Family Office GmbH.
- The integration of Kontora, a trusted 20-year-old multi-family office, has brought local infrastructure, client relationships, and resources to AlTi, helping the firm navigate the complex German market.
- AlTi's focus on alternatives and impact investing, combined with Kontora’s localized family office expertise, is expected to drive long-term growth, cross-border opportunities, and provide sophisticated capital solutions in private markets, particularly in navigating the Great Wealth Transfer.
- Enhanced by the integration of Kontora, AlTi is working to capitalize on market volatility and is opening to further expansion in the German-speaking world, focusing on talented individuals committed to serving families in the wealth management sector.
- Cryptocurrencies, while currently volatile, have the potential to evolve beyond trading, and AlTi views them as a real investment and digital trend, though maintaining a neutral directional view on them for now.
