Jun 19, 2018
NEW YORK and SAN DIEGO, June 19, 2018 /PRNewswire/ -- Artivest, a financial technology firm based in New York, and Altegris, an alternative investment manager based in San Diego, today announced the successful closing of their merger.
The merged company, named Artivest, is headquartered in New York and California. Artivest serves over 10,000 clients worldwide, with approximately $3 billion of asset flows, $2.5 billion of which are alternative assets under management. Artivest's digital alternative investment platform is a fully-encrypted online marketplace for qualified investors and financial advisors seeking access to world-class private equity, hedge fund, real assets and managed futures strategies, among others.
Since the merger was first announced in February 2018, Artivest has continued to forge significant industry partnerships. On May 9th, RBC Wealth Management–U.S., the nation's fourth largest full-service wealth management firm, with 1,900 financial advisors across 40 states, announced the launch of its new cloud-based alternatives platform, developed in partnership with Artivest. The RBC announcement followed the launch of Artivest's partnership with PIMCO, the $1.75 trillion asset management firm.
The Altegris family of private and public alternative funds retains the Altegris name, as previously announced, and will operate as the asset management division of Artivest.
Artivest is now the largest independent alternative investment solutions team. Our mission is to utilize our deep bench of technology and investing expertise to offer vetted alternative investments to the widest possible audience of suitable investors.
James Waldinger, Founder and CEO - Artivest