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Evergreen Gavekal partners with Allocate to scale private markets offerings for high-net-worth investors. A longtime allocator to alternatives, Evergreen is expanding its partnership with Allocate to broaden manager access and structure new vehicles for clients September 29, 2026 Reading Time Contents. SEATTLE - September 29, 2026 - Evergreen Gavekal, an independent registered investment advisor managing $7.5 billion for high-net-worth individuals, families, and endowments, is scaling its private markets program through a growing relationship with Allocate, the private markets operating system for wealth advisory firms and fund managers. What began as a technology relationship for Evergreen's private market offerings now spans the full lifecycle of the firm's private markets business, from sourcing new investment opportunities to launching vehicles for its clients. Founded as an investment advisory firm in 1983, Evergreen Gavekal has evolved into a comprehensive wealth management platform offering financial planning, trust services, tax advisory, and family office solutions alongside traditional investment management. Remaining committed to evolving alongside client needs, Evergreen made private markets a strategic priority and a natural extension of its broader wealth management offerings. Evergreen chose Allocate as a partner to solve operational complexity across investor onboarding, reporting, capital call management, and fund administration, pairing private market access with the technology and operational infrastructure required to manage those investments at scale. "We've long believed that the strongest client outcomes come from building well-rounded, diversified portfolios across both public and private markets," said Wyatt Hay, Chief Operating Officer of Evergreen Gavekal. "As demand for private market investments continues to grow, we wanted a partner that could help us scale without pulling our team away from serving clients. When I saw the demo, I knew we needed it. It was exactly what we were looking for. Allocate stood out because it combined the operational infrastructure required to manage private market investments with access to a broad network of managers and opportunities. That combination has allowed us to expand while remaining focused on delivering strong outcomes for clients." Allocate covers the private markets lifecycle in one system, from vehicle structuring and subscriptions through capital calls, reporting, and fund administration. For Evergreen, that means launching and managing its own funds without adding operational headcount, and giving advisors and clients a clear view of positions, cash flows, and underlying companies. Allocate also brings a curated set of opportunities to supplement Evergreen's own sourcing, while Evergreen's team retains full control over what it recommends to clients. "The wealth channel is past the point where private markets can run on separate systems and manual processes. Firms want one place to source, structure, and report," said Samir Kaji, CEO and Co-Founder of Allocate. "Evergreen saw that early. Our job is to give their advisors the infrastructure and the intelligence to run the program, so the work goes into portfolio decisions rather than process." Evergreen remains focused on expanding access to high-quality private market opportunities for HNW and ultra-high-net-worth clients. With a scalable foundation in place, the firm plans to continue utilizing its partnership with Allocate to launch client-focused offerings across multiple private market strategies and deliver the institutional-quality experience high-net-worth investors and family offices increasingly expect. About Evergreen Gavekal. Founded in 1983, Evergreen Gavekal is an independent registered investment advisor (RIA), with offices along the West Coast. Evergreen provides comprehensive wealth management solutions to high-net-worth individuals, trustees, businesses, and foundations, with investments, tax, and financial planning all under one roof. The firm also operates a multi-family office that serves ultra-high-net-worth families who require specialized wealth solutions. Evergreen has an alternative investment division, Evergreen Ventures, that focuses on making non-public investments into Real Estate, Venture Capital, Private Equity, and Private Credit. 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. IMPORTANT NOTES This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Private investments involve risks including illiquidity and loss of principal and may not be appropriate for all investors.

Private markets roundup: CAIS, Allocate, Arch make moves. VanEck has partnered with Allocate to offer private markets access, while CAIS and Arch both announced funding news. David Bodamer, Editorial Director, Wealth Management July 29, 2026 Alts investment platform CAIS announced a $170 million Series D financing. The round includes investments from lead participant Vista Equity Partners, as well as AllianceBernstein, funds managed by Blue Owl Capital, Carlyle, Fortress Investment Group, Golub Capital, Lord Abbett, and Royal Bank of Canada. The round values CAIS at over $2 billion, bringing total capital raised to nearly $600 million, and coincides with a three-year organic revenue CAGR of 37%. "When strategic investors of this caliber back CAIS, it reflects their conviction in both the market opportunity and category leadership," CAIS founder and CEO Matt Brown said in a statement. "Together with the independent wealth community, we have built the platform technology and client service model this industry deserves, and our biggest chapter is still ahead," Brown added. David Breach, president of Vista Equity Partners, will join CAIS's board of directors. Representatives from Blue Owl, Lord Abbett, Fortress and Carlyle will serve as board observers. FT Partners served as the exclusive financial advisor, and Sidley Austin LLP served as legal counsel to CAIS on the transaction. VanEck partners with Allocate to expand private markets access for the Wealth channel. Van Eck has signed on with private markets platform Allocate in a partnership that will enable the asset manager to bring private markets strategies to the wealth channel. VanEck has a handful of products aimed at institutional investors as well as some ETFs built around private markets, such as the VanEck Alternative Asset Manager ETF, which invests in publicly traded alternative asset managers. VanEck will use Allocate's infrastructure to develop new private-market offerings and launch them quickly. VanEck will retain full control of its strategy, product and investor relationships, with Allocate providing the underlying technology and operations. "Private markets represent one of the most significant opportunities for investors, but they demand a different approach than traditional institutional distribution," CEO Jan van Eck said in a statement. "Allocate's technology enabled us to bring our first wealth-focused private markets offering within a matter of weeks. Their solution also integrates with our largest advisory firm clients, which is a 'must have' these days." Alts platform Arch reveals Franklin Templeton, MUFG as Series B investors. Alts platform Arch revealed previously undisclosed investors from its $52 million Series B round, which it originally announced last September, including MUFG Innovation Partners, Franklin Templeton and Anton Levy, founder of Layer Global. The new investors complement Arch's existing Series B backers, Oak HC/FT, Menlo Ventures, Craft Ventures and Quiet Capital. In conjunction with the news, Arch also said it had surpassed $500 billion in private market assets on its platform, with assets currently totaling $539 billion and having doubled over the past year. "Crossing $500 billion in assets on our platform is a reflection of how many of the industry's most sophisticated allocators are turning to Arch to solve that problem," Arch co-founder and CEO Ryan Eisenman said in a statement. "MUFG Innovation Partners, Franklin Templeton and Anton Levy give us partners with the scale, expertise and institutional relationships to match the appetite for better diligence and insights these investments require." Capital from this round supports product development, data and AI infrastructure, and go-to-market expansion. This includes building out CIO tools, enhancing Arch's client portal and strengthening the pipelines and data integrity that transform fragmented private-markets data into intelligence investors can use. Keith Soura, who recently joined Arch as chief technology officer, will lead these efforts, building the engineering and AI infrastructure needed to execute on these priorities. Editorial Director, Wealth Management David Bodamer covers investments for Wealth Management, including hosting the Wealth Management Invest podcast. Coverage areas include SMAs, ETFs, model portfolios and alternative investing. He previously covered commercial real estate for more than 20 years for Wealth Management Real Estate, National Real Estate Investor, Retail Traffic, Commercial Property Executive and Shopping Centers Today. He also previously served as editorial director for Waste360.