AlTi Global, the publicly traded wealth management firm with $96 billion in assets, said it experienced a nearly $20 million investment loss on its stake in Arkkan Capital’s Asian Credit and Special Situations stake, one of AlTi’s external managers. During the firm’s second quarter 2026 earnings call, Nancy Curtin, interim CEO and global chief investment officer, said the manager experienced “an extraordinary circumstance.” Following this event, this external manager and his board made the unexpected decision to unwind the fund within a 12 month time horizon. As a result for the second quarter, we recorded an unrealized investment loss on our stake in the strategy.” Related:SEIA Launches Tax Division, Expands Family Office ServicesThe firm’s stakes in two other external managers are performing solidly, she added.