Founded in 1980 by Carl H. Tiedemann, TIG Advisors, also known as Tiedemann Investment Group, manages private investment funds specializing in event-driven global merger arbitrage and real estate bridge lending. As an SEC-registered investment adviser, TIG Advisors has established a strong reputation in the hedge fund industry.
Carl H. Tiedemann, a highly respected Wall Street executive, played a significant role in shaping the investment industry. He joined Donaldson, Lufkin & Jenrette (DLJ) in 1962, quickly rising to become President in 1975. Tiedemann was instrumental in taking DLJ public, making it the first Wall Street research brokerage firm to do so. In 1980, he left DLJ to found Tiedemann Investment Group, focusing on investments that addressed the evolving needs of the financial services industry. TIG Advisors has been a longstanding presence in the hedge fund sector for over 36 years. In 1999, Tiedemann founded Tiedemann Trust Company, now Tiedemann Wealth Management, pioneering the concept of open architecture in investment management.
Mike Tiedemann, a Founding Partner, CEO, and Chairman of the Internal Investment Committee at Tiedemann Advisors, also served as CEO of TIG before leading the merger that created AlTi. Early in his career, Mike worked in Brazil with Banco Garantia's equity research group and later managed equity sales and trading operations for Latin America at Credit Suisse. He serves on the board of multiple organizations and is the Chairman of River Fund, a nonprofit that provides food, education, and support services to help New York City families break the cycle of poverty.
As of March 2024, TIG Advisors manages $2.66 billion in discretionary assets for 10 clients. Their Q1 2024 13F filing reported $1.03 billion in managed securities, with a top 10 holdings concentration of 72.38%. The firm's largest holding is United States Steel Corp., with 4,235,426 shares.