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US-based wealth managers Tiedemann and Alvarium plan 1Q22 listing via SPAC

US-based wealth management consortiums Tiedemann and Alvarium have announced plans to merge and then list on Nasdaq via a special purpose acquisition company (SPAC) to form a wealth advisory firm with US$54 billion assets under advisement (AUA). The Tiedemann Group, Alvarium and a SPAC company Cartesian Growth Corporation jointly announced on Monday the agreement to enter into a definitive business…

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