Allocator
An institution or individual that allocates capital to external managers — pensions, endowments, foundations, insurers, fund of funds, family offices, and the consultants advising them. Used loosely as a synonym for LP.
Allocator — An institution or individual that allocates capital to external managers — pensions, endowments, foundations, insurers, fund of funds, family offices, and the consultants advising them. Used loosely as a synonym for LP.
The term is used loosely across the industry to mean any capital source — a synonym for LP in most contexts, though some use it more narrowly for institutions that place capital with multiple external managers as their primary function, as distinct from a single-family office managing its own money directly.
Frequently asked questions
Is allocator the same as LP?
Do allocators include individual investors?
Nothing on this page is legal, tax, or investment advice. SeRuM is not a registered broker-dealer, not a placement agent, and not an investment adviser.
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