Private Markets Roundup: CAIS Secures $170M in Series D Funding; Allocate Partners with VanEck
CAIS, a leading alternative investment platform, has raised $170 million in its latest Series D funding round. The financing values the company at over $2 billion and brings total capital raised to nearly $600 million. Key investors include Vista Equity Partners as lead participant, along with AllianceBernstein, Blue Owl Capital, Carlyle, and others. CAIS has achieved a three-year organic revenue compound annual growth rate (CAGR) of 37%, signaling strong market confidence in its platform. VanEck has partnered with Allocate to expand private markets access for wealth management clients. The collaboration will allow VanEck to leverage Allocate's infrastructure to develop and launch new private-market offerings quickly, while retaining control over strategy and client relationships. This move aligns with the growing demand for alternative investments in the wealth channel. Arch, another alts platform, revealed additional investors from its $52 million Series B round, including Franklin Templeton and MUFG Innovation Partners. The company has surpassed $539 billion in private market assets on its platform, doubling over the past year.
Topics: Allocate CAIS VanEck Vista Equity Partners