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    Kingsley Advani

    Founder & CEO at Allocations

    Kingsley Advani is the Founder and CEO of Allocations, a fintech company based in Miami that specializes in streamlining investment processes for private fund managers. He established Allocations in 2019 after identifying challenges in setting up his own investment funds, which highlighted the need for more efficient tools in the rapidly evolving private markets.13

    Background and Experience

    Advani has an extensive background in investment and technology. He began coding at age 11 and has successfully turned initial investments into substantial returns, notably investing in companies like SpaceX, Coinbase, and Robinhood. Before founding Allocations, he held various roles, including partnerships with Chainfund Capital and involvement with Allocations Angels, which supports early-stage investors globally.23

    Allocations

    Under Advani's leadership, Allocations has rapidly grown, surpassing $1 billion in assets under administration within three years of its founding. The company has also raised significant funding, totaling approximately $12 million, and is valued at around $150 million. Allocations aims to democratize access to alternative investments by enabling smaller investment minimums and providing tools for fund managers to operate more efficiently.234

    Vision and Impact

    Advani envisions a future where retail investors can easily access alternative asset classes, which have traditionally been dominated by institutional investors. He believes that the market for alternative investments could double in size, reflecting a growing interest among high-net-worth individuals and retail investors alike.23

    Overall, Kingsley Advani is a prominent figure in the fintech space, leveraging his expertise to facilitate investment opportunities and drive innovation within the industry.

    Highlights

    Jun 2 · marciadawood.com
    Kingsley Advani talks crypto and SPVs - Marcia Dawood
    Sep 17 · refreshmiami.com
    Allocations raises $5M in funding and reaches $1B in assets on its ...
    Allocations raises $5M in funding and reaches $1B in assets on its ...
    Sep 15 · techcrunch.com
    Allocations just got valued at $150M to help private equity funds lure ...

    Related Questions

    What inspired Kingsley Advani to start Allocations?
    How did Kingsley Advani's experience at SpaceX influence his career?
    What are some of the key investments made by Allocations Angels?
    How has Allocations grown since its founding in 2019?
    What makes Allocations different from other fund administration platforms?
    Kingsley Advani
    Kingsley Advani, photo 1
    Kingsley Advani, photo 2
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    Experience

    Founder & CEO at Allocations (October 2019 - Present)
    Partner at Chainfund Capital (2017 - Present), Chairman at Allocations Angels (2017 - Present), LP at Tribe Capital (2019 - Present), Investor at Coinbase (2018 - Present), Entrepreneur In Residence at Entrepreneur First (March 2016 - February 2017), Growth at Uber (2014 - 2014)

    Location

    Palo Alto, California, United States