Alto, Passthrough Partner to Open IRA Capital Pipeline for Private Funds
Alto and Passthrough have formed a strategic partnership aimed at expanding access to IRA capital for private fund managers, addressing growing demand from individual investors to allocate retirement savings into private markets.
The partnership tackles a long-standing friction point: while investor interest in deploying IRA assets into private funds continues to rise, fund managers have struggled with operational complexity around onboarding, custody, and compliance. Alto and Passthrough said the collaboration is designed to simplify that process—giving managers efficient access to IRA investors while preserving a streamlined, compliant experience for limited partners.
“Private fund managers have told us they want access to IRA capital, but the traditional process creates unnecessary complexity for both GPs and their LPs,” said Tim Flannery, CEO and co-founder of Passthrough. “Our partnership with Alto gives our fund manager customers a clear path to this growing investor base while maintaining the seamless onboarding experience their investors expect.”
For Alto, the partnership extends its mission of making alternative investments more accessible within retirement accounts. “Passthrough’s specialized focus on investor onboarding and KYC/AML aligns perfectly with our mission to make alternative investing with retirement funds as accessible and user-friendly as investing in public markets,” said Eric Satz, CEO and founder of Alto.
Alto currently serves as IRA custodian for approximately $2 billion in assets held by more than 30,000 self-directed IRA investors and supports over 2,500 issuers that have raised capital through the platform.
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