Allocate, the private markets operating system for wealth advisory firms and fund managers, today announced the appointment of Matt Dunn as Chief Revenue Officer (CRO). A veteran of PIMCO, Morgan Stanley, and Opto Investments, Dunn’s role follows a series of strategic senior hires as Allocate scales to meet surging demand for modern private markets infrastructure.
The appointment comes amid significant momentum for Allocate. Over the past year, the company has grown to support more than 375 wealth advisory firms, built relationships with over 1,500 private asset managers, and grown platform assets to over $4.8 billion, cementing its role as the infrastructure layer connecting advisors, investors, and fund managers across the private markets lifecycle.
“We’re seeing a fundamental shift in how advisors access and manage private markets, and the demand for modern infrastructure continues to accelerate,” said Samir Kaji, CEO and Co-Founder of Allocate. “To support that opportunity, we’ve continued investing across the business—from research and strategy to relationship management, marketing, AI, and revenue leadership—while expanding our platform, deepening strategic partnerships, and growing our advisor and fund manager network. Matt’s appointment reflects both the scale of the opportunity ahead and the caliber of team we’re building to pursue it. His experience scaling advisor-focused businesses, combined with the expertise we’ve added across the organization, positions Allocate well for the next phase of growth.”
Prior to taking on the role of CRO, Dunn served as an advisor to Allocate, where he helped shape the company’s growth strategy and go-to-market approach. Throughout his career, he has specialized in helping companies scale advisor-focused businesses and navigate periods of industry transformation.
“Allocate is solving a real problem for advisors and fund managers at exactly the right moment,” said Dunn. “The demand for a better way to access and manage private markets is accelerating, and the team here has built something genuinely differentiated. I’m excited to help expand Allocate’s reach across the wealth channel and support this next phase of growth.”
As technology continues to reshape how advisors access, evaluate, and manage private market investments, Allocate has appointed early founding team member and senior engineering leader Jon Gaudette as Head of AI, reinforcing the company’s commitment to embedding artificial intelligence across its platform and the broader private markets investment experience.
With a rapidly growing client base, expanding strategic partnerships, continued investment in AI and product innovation, and a leadership team drawn from some of the most respected firms across wealth management and private markets, Allocate enters its next phase focused on building the operating system that powers private market investing for advisors, investors, and fund managers.
About Allocate
Allocate is the operating system for private market investing, equipping wealth advisory firms and fund managers to seamlessly source, build, and manage high-quality private portfolios. The platform combines AI-driven investment management, comprehensive fund administration, and personalized access to opportunities, making private market investing more efficient, transparent, and scalable.
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