Allocate, building the operating system for private market investing, today announced that it has acquired the technology and platform assets of The Coterie, a fintech leader focused on making private markets more efficient and transparent for fund managers and their investors. This asset acquisition marks a significant milestone for both companies and accelerates Allocate’s mission to deliver modern digital infrastructure for private market participants.

"This strategic acquisition of The Coterie’s platform marks a significant milestone for Allocate and the advancement of private markets,” said Samir Kaji, CEO and Co-Founder of Allocate. “We believe private markets are a powerful driver for shaping better financial futures. By expanding our capabilities, we are committed to delivering the unified tools needed for seamless investment management, administration, and curated access, making private market investing more efficient, transparent, and responsible.”

“We built The Coterie to simplify and modernize private markets for LPs and GPs,” said Ethan Agarwal, CEO of The Coterie. “It’s exciting to see our technology as part of Allocate’s platform and reach a broader audience. This is an important step toward a more transparent, efficient, and accessible private market ecosystem.”

With the acquisition of The Coterie platform, Allocate continues toward a unified platform that enables wealth advisors, family offices, and investors to access, manage, and oversee private investments more easily. It enhances Allocate’s capabilities in digital onboarding, fund administration, document management, capital call and distribution processing, and real-time reporting — expanding its product suite and reinforcing its mission to deliver a modern, digital, and inclusive experience for all private market participants.

About Allocate:

Allocate is building the operating system for private markets, equipping wealth advisors, family offices, and institutional investors with a unified lifecycle platform for private markets. Allocate’s platform leverages AI-driven investment management, comprehensive administration, and personalized access to opportunities at reduced minimums, making private market investing more efficient, transparent, and responsible.

About The Coterie:

Founded in 2021, The Coterie has modernized how individuals can operate in private markets with greater transparency and ease. The Coterie platform provides robust solutions for administration, subscription document automation, capital call and distribution workflows, performance reporting, and investor engagement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250723951275/en/