The private markets operating system more than triples its assets on platform and now supports 375+ wealth advisory firms

Allocate, the private markets operating system for wealth advisory firms and fund managers, marked five years in business with over $5 billion in assets, more than tripling over the past year. The milestone reflects the continued adoption of private markets across the wealth channel, where advisors are increasingly looking for the infrastructure, technology, and operational support needed to build and scale private markets programs. Today more than 375 wealth advisory firms and RIAs use Allocate's platform to access, manage, and administer private market investments on behalf of 4,000+ underlying investors who reach these opportunities through them.

Allocate has significantly expanded its role within the private markets ecosystem over the course of the year, including strategic partnerships with Dynasty Financial Partners and VanEck. Together, these collaborations strengthened Allocate's position as a bridge between wealth advisory firms, asset managers, and investors, helping streamline access to private market opportunities across the wealth channel.

The company has continued investing in the expertise and infrastructure needed to support its next phase of growth, expanding its team by over 20% over the last year. This includes key senior hires spanning investment research and strategy, revenue, and artificial intelligence.

"Five years ago, we started Allocate with a simple belief that private markets would become a core part of wealth management portfolios, but the industry needed better infrastructure to make that possible," said Samir Kaji, CEO and Co-Founder of Allocate. "Today, we're seeing advisors move beyond exploring private markets and toward building scalable, long-term programs for clients. We’re proud to be a leader in this evolution, and remain focused on helping enable more investors to participate responsibly in private markets with the transparency, ease, and curated access that have historically been missing."

Earlier this year, Allocate unveiled enhancements to its full-lifecycle platform, including a unified data and AI layer designed to connect advisors, investors, and fund managers across the investment lifecycle. Today, the company offers a comprehensive suite of solutions spanning investment execution, reporting, intelligence, and opportunity curation, supporting the growing network it has built across the wealth and asset management ecosystem. Allocate has raised more than $75MM in total capital to support that vision.

"After spending most of my career in private markets, it's been incredibly rewarding to watch the industry evolve over the last several years and play a role in helping expand investor access in a responsible and transparent way," said Hana Yang, Co-Founder and CXO of Allocate. "What was once a niche allocation for investors is increasingly becoming a core part of portfolios, and we're proud to help provide the infrastructure that makes that possible."

Allocate remains focused on helping advisors and fund managers operate more efficiently, broaden investor access, and deliver a better investment experience at scale. With a growing network of advisors, asset managers, and investors, the company enters its sixth year well positioned to continue supporting the future of powering private markets.

About Allocate

Allocate is the operating system for private markets investing, equipping wealth advisory firms and fund managers to seamlessly source, build, and manage high-quality private portfolios. The platform combines AI-powered operational workflows, comprehensive fund administration, and personalized access to opportunities, helping make private markets investing more efficient, transparent, and scalable.

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or investment advisory services. References to specific firms, managers, or investment opportunities are for illustrative purposes only and do not constitute endorsements or recommendations. Asset figures refer to assets on the Allocate platform and/or across partner firms, as applicable, and are not indicative of investment performance or client returns. Statements regarding market trends, platform capabilities, operational efficiencies, or future growth reflect current views and assumptions and are subject to change without notice.

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