Alto Launches Private Deal Room; CAZ Teams with SOFI
Nashville, Tenn.-based Alto, a marketplace and custodian connecting retirement capital with private market opportunities, has launched Alto Private Deal Room, a platform for RIAs to execute self- and client-sourced private market deals.
Alto said Alto Private Deal Room allows for custody, compliance and execution to be managed end-to-end through the platform.
“We believe this marks the beginning of an exciting new chapter in retirement investing, and we can’t wait to see the opportunities it unlocks for advisors, investors and the broader private markets ecosystem,” Alto founder and CEO Eric Satz said in a statement.
The Private Deal Room also allows advisor clients to fund private investments through qualified retirement assets. Alto manages the custodial and transactional processes associated with holding eligible private investments in retirement accounts. Advisors can oversee client accounts, cash balances, transfers and private investments through a centralized digital platform.
WTW Investments, SEI Partner on Private Markets for DC Plans
SEI and WTW Investments expanded their strategic relationship to support the development of private market solutions for the 401(k) and broader U.S. defined-contribution market.
According to the firms, the relationship combines WTW’s investment research and portfolio implementation capabilities with SEI’s trust and platform capabilities through SEI Trust Company, a provider of trustee, operational and administrative services for collective investment trusts.
“A key challenge for defined contribution plans is ensuring sponsors have the right wrapper, structure and terms to integrate diversifying exposures like private credit,” Christy Loop, head of U.S. Wealth and Strategic Initiatives at WTW, said in a statement.
WTW will provide investment and operational due diligence and research support for private markets strategies used in retirement-focused CIT and evergreen solutions. As part of the expanded relationship, WTW selected SEI Trust Company to support the delivery of certain WTW retirement solutions through CIT structures, reflecting the firms’ broader collaboration across retirement and private markets initiatives.
The firms are also collaborating on the design of new products and structures.
CAZ Investments Partners with SoFi
CAZ Investments, a Houston-based alternative investment firm, has made two of its funds available on SoFi Invest.
“For decades, many of the most compelling private-market opportunities were available only to a relatively small category of high-net-worth investors,” Christopher Zook, founder and chief investment officer of CAZ Investments, said in a statement. “The regulatory changes in 2025 have allowed us to expand access to virtually all investors. By working with SoFi Invest, we are helping more investors participate in the long-term growth potential of private markets with the simplicity and convenience they expect from a modern investment platform.”
The CAZ funds available through SoFi Invest provide exposure to differentiated investment themes, including ownership interests in leading alternative asset management firms through GP stakes; professional sports franchises; the infrastructure and energy required to power artificial intelligence, robotics and rising global electricity demand; and the modernization of the space and defense industries.
CRE Due Diligence Platform for Wealth Channel Raises Additional Seed Capital
Diald, an artificial intelligence-powered real estate due diligence and underwriting platform, launched a rebuilt interface and announced a $1 million in follow-on funding led by Feedback Ventures, which also led Diald’s $3.75 million seed round, bringing total funding to $4.75 million.
The release introduces a new proprietary Neighborhood Investment Rating, which aims to measure the optimism or pessimism surrounding an area based on underlying data, with the aim of helping HNW investors and family offices spot real estate investment opportunities.
“For family offices and independent investors, collating the data to evaluate a property feels like finding a needle in a haystack—scattered across zoning records, permit filings, and market data, and out of reach without an institutional research team behind you,” Steven Song, founder and CEO of Diald, said in a statement.
The neighborhood investment rating is based on qualitative factors, such as safety, infrastructure, regulatory environment and neighborhood dynamics and is derived from media analysis and AI agents. The rating is asset-specific. It also generates a confidence score to gauge cap rate assumptions.
As part of its AI, users can describe a deal in plain language, and Diald assembles the pro forma, populates assumptions from live market data, and shows its work. According to the firm, it scans more than 1.7 million data sources and integrates licensed data from institutional sources, including Moody’s Analytics, Green Street, and LightBox. To date, the platform has analyzed more than $210 billion in commercial real estate volume.
