iAltA Holdings, a private markets infrastructure company, has announced its launch with an initial funding of $20 million led by WestCap, a strategic operating and investing firm with more than $6 billion in assets under management. Incubated at WestCap, iAltA’s mission is to build an innovative digital infrastructure that unifies private market systems. As part of this announcement, iAltA is also launching its first platform solution, iAltA Private Markets, to empower general partners (GPs) to seamlessly execute transactions and cash movements, efficiently engage with investors, streamline fund operations and make data-driven decisions.
The explosive growth and complexity of alternative assets, which are expected to reach $24.5 trillion in 2028 across private equity, real estate, private credit and beyond, has outpaced the technology systems needed to support investment managers and their investors. As a result, the market has become cluttered with point solutions and hind
