Allocate announced the appointment of Matt Dunn as Chief Revenue Officer. Allocate is a private markets operating system for wealth advisory firms and fund managers.
Dunn’s appointment follows a series of senior hires as the company scales to meet rising demand for modern private markets infrastructure. He brings experience from PIMCO, Morgan Stanley, and Opto Investments.
Allocate has seen significant momentum over the past year. The company now supports more than 375 wealth advisory firms, has built relationships with over 1,500 private asset managers, and has grown platform assets to more than $4.8 billion.
The company said this growth reinforces its role as an infrastructure layer connecting advisors, investors, and fund managers across the private markets lifecycle. Allocate’s platform helps users source, build, and manage private market portfolios more efficiently.
Before becoming CRO, Dunn served as an advisor to Allocate. In that role, he helped shape the company’s growth strategy and go-to-market approach.
Dunn has focused throughout his career on helping companies scale advisor-focused businesses. Allocate said his experience will support its next phase of growth across the wealth channel.
Allocate also appointed Jon Gaudette as Head of AI. Gaudette is an early founding team member and senior engineering leader, and his appointment reinforces Allocate’s focus on embedding AI across its platform and the broader private markets investment experience.
Allocate’s platform combines AI-driven investment management, fund administration, and personalized access to opportunities. The company is focused on building the operating system that powers private market investing for advisors, investors, and fund managers.
KEY QUOTES:
“We’re seeing a fundamental shift in how advisors access and manage private markets, and the demand for modern infrastructure continues to accelerate. 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.”
Samir Kaji, CEO and Co-Founder of Allocate
“Allocate is solving a real problem for advisors and fund managers at exactly the right moment. 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.”
Matt Dunn, Chief Revenue Officer of Allocate
