Mike Grondahl

George Sutton

Brennan Hawken

Michael Cyprys

Chris Kotowski

Christoph Kotowski

Keith Housum

Logan W Lillehaug

- WisdomTree, Inc. completed its acquisition of **Ceres Partners, LLC**, a U.S.-based alternative asset manager specializing in farmland investment, on **October 1, 2025**.  **[880631_0001214659-25-014468_w1012508k.htm:0]** **[880631_0001214659-25-014468_ex99_1.htm:0]** **[880631_0001214659-25-014468_w1012508k.htm:1]** 
- The acquisition involved **$275 million in cash** paid at closing, funded by a convertible senior notes offering, and an earnout consideration of up to **$225 million** payable in 2030, contingent on Ceres achieving specific revenue growth targets.  **[880631_0001214659-25-014468_ex99_1.htm:0]** **[880631_0001214659-25-014468_w1012508k.htm:1]** 
- This transaction marks WisdomTree's first major entry into private asset markets, expanding its offerings beyond exchange-traded products, managed models, and tokenization.  **[880631_0001214659-25-014468_ex99_1.htm:0]** 
- Ceres Partners manages approximately **$1.8 billion** in its flagship farmland Fund.  **[880631_0001214659-25-014468_ex99_1.htm:2]**

WisdomTree (WT)