Allocate, founded in 2021, provides an operating system for private markets investing. The company's platform connects wealth advisory firms and institutional family offices with private fund managers, managing the operational infrastructure for subscriptions, capital flows, and portfolio administration. It serves over 375 wealth advisory firms and facilitates relationships with more than 1,500 private asset managers, with over $5 billion in assets on its platform.
The company offers a suite of tools for building private markets programs. These include solutions for custom fund and SPV structures, which can be launched in as little as 30 days, and curated investment offerings across venture capital, growth equity, buyout, and private credit. Its technology incorporates artificial intelligence for portfolio tracking and management.
Allocate's services are positioned within the private markets, wealth advisory, and asset management verticals, providing the operational backbone for firms to allocate capital to private investments.
