PartnershipsEvent: September 1, 2026
Allocations partnered with Google to backstop $3.2 billion of Fluidstack's lease obligations at TeraWulf and $1.73 billion at Cipher Mining, taking equity stakes in both companies.
Published
Signal category
Partnerships
Quote
“Google has backstopped $3.2 billion of Fluidstack's lease obligations at TeraWulf and $1.73 billion at Cipher Mining, taking equity stakes in both companies in exchange.”
— Kingsley Advani|Allocations team
Company
Allocations
Fund administration platform for SPVs, funds, and offshore structures. $3B+ AUA across 1,800+ funds and 30,000+ clients.
- Industry
- Financial Services
- Location
- Miami, US
- Company size
- 48 employees
Allocations is a fund administration platform that administers over $3 billion in assets across more than 1,800 funds and 30,000 clients, covering the full lifecycle of SPVs, funds, and offshore structures. From entity formation and investor onboarding to capital calls, distributions, and tax reporting, all on a single platform.
Founded 2019