Current Allocation is the actual, as-deployed proportion of an investor's portfolio in a given strategy or asset class at a point in time — as opposed to Target Allocation, which is the intended proportion. The difference between target and current is a key signal of near-term investment demand: an investor under-allocated to growth equity relative to their target is likely to be actively seeking new deals.
Current Allocation changes as new investments are made, existing investments are exited, and portfolio valuations move. On Alternatives.pe, Current Allocation data is derived from tracked deals and fund commitments, providing a bottom-up view of where each investor's capital is actually deployed across strategies and geographies.