iAltA Holdings, the WestCap-backed private markets infrastructure company, has acquired Delio, the leading provider of white-label operating systems for private markets distribution and reporting. The transaction strengthens iAltA’s suite of solutions and accelerates its mission to digitize and streamline private market workflows for asset managers, wealth firms, and distributors.
iAltA Holdings continues to build a comprehensive ecosystem addressing systemic inefficiencies in private markets. Delio’s white-label, AI-powered platform enables financial institutions to integrate alternatives into their offerings while preserving brand control and delivering a superior digital client experience.
“We founded iAltA because we saw a tremendous market need to solve systemic issues within the private market landscape for general partners and distributors,” said Scott Ganeles, Chief Executive Officer and Founding Partner of iAltA. “Delio has emerged as a digital infrastructure provider of choice for financial institutions seeking to integrate alternatives into their offerings while maintaining control over client experience.”
“Private markets have seen tremendous growth over the past few years, but the infrastructure has not kept up the demand for access and offerings,” said Gareth Lewis, Founder and Co-Chief Executive Officer of Delio. “iAltA is our ideal partner since both our organizations were founded on the principle that the markets need more seamless and effective solutions to meet the challenges of demand. This partnership will increase both our reach and our impact.”
By combining Delio’s technical depth and market-leading position with iAltA’s broader infrastructure strategy, the combined entity is well-positioned to empower market participants with unified, transparent, and scalable solutions throughout the investment lifecycle.
About iAltA
iAltA is a private markets infrastructure company founded by industry leaders who believe in solving systemic challenges with operator-caliber precision. Incubated and backed by WestCap, iAltA builds platforms that unify fragmented workflows, elevate transparency, and empower market participants throughout the investment lifecycle.
About Delio
Delio empowers financial institutions and investment firms to maintain full control of their alternative investment capabilities through its white-label, AI-powered operating system, Delio Core OS. Combining configurable, low-code tools with a collaborative, non-conflicted approach, Delio enables firms to streamline compliant, scalable workflows across aggregation, structuring, distribution, administration and reporting – all while delivering a seamless user experience for their clients.