Pacific Current Group Limited, a global multi-boutique asset management firm, has entered into an agreement that will allow PAC to make an investment of up to $3 million in ALTI.
ALTI was founded in 2019 by Joseph Bonvouloir, CEO, and investments are led by Sheryl Schwartz, CIO. Schwartz was the founder and managing director of TIAA-CREF’s Alternative Investment Group. The firm focuses on creating registered investment vehicles and allocating capital to direct private equity investments.
“PAC is excited to partner with ALTI,” said Curtis Yasutake, PAC VP. “There is substantial unmet demand for institutional-quality private equity investments among individual investors. We expect ALTI’s products to cater to this demand and believe the firm’s approach to private equity investing is differentiated compared to other retail offerings.”