General Business
This Allocate product gives investors access to high-conviction, fully diligenced private market opportunities.
What is Curations?
The total amount of money an investor has agreed to invest in a fund.
What is Committed Capital?
This is the year in which a private fund begins making its first investments, used to group and compare funds raised and deployed under similar market conditions.
What is Vintage Year?
At Allocate, this is a small, cross‑functional team that owns a specific product area, bringing together roles like product, engineering, and design to deliver outcomes together.
What is a Squad?
The value of a fund’s assets minus its liabilities, reported regularly to show what the fund is worth.
What is NAV (Net Asset Value)?
In 2025, Allocate made a strategic asset acquisition of this platform to advance its vision for an operating system of private markets.
What is The Coterie?
The ongoing charge a fund manager takes (often a percentage of committed capital) to cover the costs of running the fund.
What is Management Fee?
Risk of committing to a fund before knowing which specific investments will be made; relevant to early negative returns.
What is Blind Pool Risk?
This team member focuses on preventing and detecting defects in our software—designing tests, automating checks, and improving processes so that features ship reliably and work as expected for users.
What is a Quality Engineer?
A metric that estimates an investment’s annualized return by finding the discount rate that makes the net present value of all cash flows equal zero.
What is IRR (Internal Rate of Return)?
This Allocate fund administration platform combines proprietary technology with an experienced accounting team to deliver institutional‑grade back‑office support for private market funds.
What is Atlas?
Cash or other value a fund returns to its investors, typically from exits, income, or other realized proceeds.
What is Distribution?
Named for the shape it makes on a chart, this pattern shows early losses followed by later gains in a fund’s performance over time.
What is a J Curve?
The end-to-end framework used by Allocate to describe every step of creating software, from idea to launch.
What is the Software Development Lifecycle (SDLC)?
The detailed report in a fund’s financials listing each portfolio holding, including things like cost, fair value, and ownership details.
What is the Schedule of Investments (SOI)?
This Allocate program offers education, resources, and training to help advisors and investors build expertise in private market investing.
What is Allocate Institute?
In addition to calling capital, Allocate’s capital call batch tool can also request this type of money from investors, used to cover the costs of operating and administering the fund.
What is Fund Expense?
A structured document prepared by an investment team to present a deal, fund, or opportunity to the firm's Investment Committee for approval.
What is Investment Committee Memo (IC Memo)?
A curated set of reusable user‑interface and interaction components that are designed and built to be used repeatedly across our application.
What is a UI Library (or What is a Component Library?)
A multiple used to measure how many times your original investment you’ve gotten back—either through realized proceeds, remaining value, or both.
What is Multiple On Invested Capital (MOIC)?
This Allocate flagship conference brings together 250+ leading LPs, fund managers, and tech leaders for peer‑led sessions on the future of innovation and venture capital.
What is Beyond Summit?
The total value of client assets that a service provider, such as a fund administrator or platform, services and supports operationally—without necessarily managing the investment decisions for those assets.
What is Assets Under Administration (AUA)?
A standardized questionnaire that an investor uses to evaluate a fund manager before making an investment.
What is Due Diligence Questionnaire (DDQ)?
Every Friday, this podcast hosted by one of our team members dives into the world of product management, discussing current hot topics at Allocate as well as broader industry trends.
What is The Gigglitz Weekly?
Multiple that compares a fund’s total value, realized and unrealized, to capital investors have paid in.
What is Total Value to Paid-In (TVPI)?