As reported by Citywire, former Envestnet CEO Bill Crager has joined iAltA Holdings as a founding partner. The startup, launched in May with $20 million in funding from WestCap Group, aims to make private market investing more efficient and better connected.
Crager joins CEO Scott Ganeles and President Bill Sherman to help scale the company, which plans to acquire other tech firms and build strategic partnerships as it grows. iAltA provides tools for cash flow management, data organization, and investor services across the private markets space.
This marks Crager’s first new role since leaving Envestnet in January 2024, prior to its $4.5 billion sale to Bain Capital.