Alto, Decile Group Teams Up to Expand Retirement Investment Capital to Venture Funds

Alto, an alternative asset investment platform, has partnered with Decile Group, an AI-powered SaaS platform, to provide venture funds with access to retirement capital. 

Through the collaboration, Decile Group general and limited partners will be able to leverage retirement capital through Alto’s platform. 

Additionally, venture funds formed through Decile Group’s VC Lab could offer investors the opportunity to use self-directed IRAs through Alto’s platform, which will further allow investors to allocate retirement assets into private venture funds, Alto said. 

“Decile Group is helping build the next generation of venture capital managers, and partnering with Alto is a natural marriage of available, deployable capital with venture opportunity,” Eric Satz, CEO and founder of Alto, said. “By working together, we’re aiming to make it easier for emerging funds to access one of the largest pools of capital in the market – retirement assets – while giving investors more flexibility in how they participate in private markets.” 

In January, Alto and Passthrough, a fund workflow automation platform, partnered to expand access to IRA capital for private fund managers, addressing growing demand from individual investors to allocate retirement savings into private markets. 

In July, Decile Group raised $14 million in seed funding and plans to deploy the capital to expand its operations and development efforts. The funding round was co-led by Draper Associates, Javelin Venture Partners, and Geek Ventures. 

Palo Alto, CA-based Decile Group provides fund administration solutions designed for emerging venture capital managers.