GIC led a $152m Series F round in Altruist.

GIC, a global institutional investor, led a $152m Series F round in Altruist, a custodial solution for modern advisors, with participation from Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office and ICONIQ. “Altruist’s track record of building best-in-class, innovative products has positioned them to serve a large and growing market, bringing modern infrastructure to advisors who have long been underserved. GIC looks forward to supporting Altruist in their mission to democratize access to financial advice through our long-term, flexible capital. We are confident in the management team’s ability to deliver exceptional value to advisors and their clients,” Choo Yong Cheen, GIC Chief Investment Officer of Private Equity.