New alts fund directory gains traction

Since its launch last October, which was partly a response to the impact of COVID-19 travel restrictions on traditional asset management introductory moves, Altallo (a contraction of Alternative & Allocation) has onboarded approximately 40 institutional investors, according to Mel Sutton, founder and managing director.

The Glasgow, Scotland-based interactive alternative investment fund directory and discovery tool is now seeking to partner with organizations such as asset managers and prime brokers that may be open to offering the platform as a value to their own clients, Sutton said.

The pandemic provided the inspiration for Altallo . . .

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