Alto, a self-directed individual retirement account (IRA) platform bringing private markets to individual retirement portfolios, has announced a new partnership with Canopy, a special purpose vehicle (SPV) management solution empowering fund managers and investors to seamlessly close and manage private transactions. The collaboration makes it easier than ever for investors to use self-directed IRAs to invest in private offerings directly through Canopy, without the paperwork, delays or manual back-and-forth traditionally associated with alternative investing.
Through the partnership, when investors choose Alto as their IRA custodian on Canopy, essential information and signatures are securely shared between the two platforms, creating a simplified, fully digital process for investors and issuers alike.
“Our goal at Alto is to make alternative investing with retirement funds as easy as investing in public markets,” said Scott Harrigan, president of Alto. “Our part