Allocate, founded in 2021, builds what it describes as the intelligent operating system for private markets investing. The company's infrastructure connects wealth advisory firms and institutional family offices with private fund managers, handling subscriptions, capital flows and portfolio operations. Its technical work spans financial infrastructure, fund administration technology, SPV and fund structuring, and AI-powered portfolio tracking and management.
The Allocate platform is designed for wealth advisors building private markets programs, covering the flow of capital between the wealth advisory channel and asset managers. Alongside it, the company offers custom fund and SPV structures that can be launched in as little as 30 days, AI-based tools for tracking and managing private markets portfolios, and curated investment offerings across venture capital, growth equity, buyout and private credit.
Allocate reports serving more than 375 wealth advisory firms, with over $5B in assets on the platform and relationships with more than 1,500 private asset managers. The industry verticals it operates in include private markets, wealth advisory, asset management, family offices, venture capital, growth equity, buyout and private credit.
