Alto, a self-directed IRA platform bringing private markets to individual retirement portfolios, and Passthrough, an investor onboarding and financial crime compliance platform for private funds, has announced a strategic partnership to expand access to IRA capital for private fund managers.
The collaboration addresses a growing opportunity: individual investors increasingly want to deploy retirement savings into private funds, while fund managers seek efficient ways to tap into this substantial capital source. Together, Alto and Passthrough are committed to removing friction from this process and giving fund managers access to the investors they want while providing those investors with more investment options.
"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