Welcome to The Private Market Playbook, a podcast for wealth advisors and CIOs navigating portfolios beyond the traditional 60/40. Hosted by Allocate, the show features candid conversations with allocators, asset managers, and industry leaders on building modern, programmatic portfolios—spanning private markets, portfolio construction, and the systems required to manage complexity at scale.

In this episode, Allocate CEO Samir Kaji joins host Peter Epstein to unpack why 2026 is a pivotal moment for private markets and private wealth. They trace the evolution of alternatives into a multi-trillion-dollar asset class, examine why access has remained constrained for many investors, and explore how responsible democratization and advisor-led personalization can change that. Samir outlines how Allocate is building the connective tissue between leading managers and wealth advisors through integrations, data consolidation, and AI-driven insights, and shares his view on the coming wave of liquidity, including the growing role of secondaries and GP-led transactions in reshaping the private markets landscape.

Samir Kaji is the Co-Founder, CEO, and President of Allocate, a platform focused on expanding access to private markets for wealth advisors, family offices, and institutional investors. With decades of experience across private markets, fintech, and capital formation, Samir is widely recognized for his leadership in modernizing how investors access and manage alternative investments.

Topics in this conversation include:

* Why 2026 Is a Key Inflection Point and Evolution of Private Markets to $20T+ (1:46)

* Barriers to Individual Access: High Minimums and Operational Friction (5:36)

* Democratization and AI-Driven Personalization for Wealth Clients at Scale (8:29)

* Allocate’s Mission, Advisor-Focused Platform, and Three Core Solution Pillars (11:33)

* Future of AI in Private Markets: Insights, Automation, and Data/Integration (15:18)

* Constraints: Compliance, Data Centers, and Compute (21:07)

* Scaling Allocate: Talent, Culture, and Solving Problems with Tech vs. Headcount (26:51)

* 2026 Liquidity Outlook: IPOs, Secondaries, and GP-Led Transactions (34:24)

* Final Thoughts and Takeaways (38:33)

Disclosure

The information on this page constitutes market commentary and is provided by Allocate Management Company, LLC, any of its affiliates or any of its or their affiliates, directors, officers, employees or advisers (collectively referred to herein as “Allocate”) for informational purposes only.

Any opinions, assumptions, assessments, statements or the like (collectively, “Statements”) regarding market condition, future events or which are forward-looking, including Statements about investment processes, investment objectives, goals, risk management techniques, views of possible future outcomes in any investment asset class or market, or of possible future economic developments, constitute only market commentary based on the subjective views, beliefs, outlooks, forecasts, projections, estimations or intentions of Allocate, should not be relied on, are subject to change. Although Allocate believes that the expectations reflected in the Statements are reasonable, no representation is made or assurance given that such Statements are correct or that the objectives of an investment product or service will be achieved or that investors will receive a return of their capital or will not sustain losses. All investments involve risks and uncertainties, as disclosed in the applicable offering documents. Allocate undertakes no responsibility or obligation to revise or update any Statements. Statements expressed herein may not be shared by all personnel of Allocate. This page and the Statements are not intended as investment advice or recommendations by Allocate. It is Allocate’s policy that investment recommendations to its clients must be based on the investment objectives and risk tolerances of each individual client.

This page and Statements may contain or are based on third-party sources that, although believed to be reliable, have not been independently verified. Market and investment views of third parties presented herein do not necessarily reflect the views of Allocate. All such information is as of the date indicated, if indicated, may not be complete, is subject to change. All rights to the trademarks, copyrights, logos and other intellectual property listed herein belong to their respective owners and the use of such logos hereof does not imply an affiliation with, or endorsement by, the owners of such trademarks, copyrights, logos and other intellectual property.

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