Nasdaq Fund Secondaries for General Partners
Our end-to-end technology platform for private fund secondaries combines integrated technology, structured workflows, and real-time visibility to help you simplify liquidity for your LPs.
Why GPs Partner With Us
Through a managed service model, NFS works with GPs to understand liquidity needs and design solutions to achieve their goals.
Seamless
From transaction launch through closing, we help streamline liquidity so GPs can focus on what matters to them. Easily communicate with LPs, access documents in our data room, collect LP elections, and manage contract execution in one place.
Structured
Our guided workflows give stakeholders real-time visibility at every stage.
Scalable
Whether you are coordinating one-off transactions or regular liquidity events, NFS supports institutional volume. Our Qualified Matching Service (QMS) can help increase liquidity thresholds from 2% to 10% annually for eligible funds.
Supported
Throughout the deal lifecycle, our dedicated team is there to provide support and guidance along the way.
How We Work With GPs
GP-Led Programs
Our technology helps to streamline investor elections, deal monitoring, and overall transparency. By increasing efficiency and simplifying every step, NFS supports GPs through the entire deal or specific components as needed. Our tech platform supports a wide range of deal structures, including tender offers and fund restructurings/continuation vehicles (CVs).
Sponsored Liquidity Programs
Sponsored Liquidity Programs are regular, GP-coordinated liquidity events across one or more funds where LPs can sell fund interests to GP-approved secondary buyers through the NFS technology platform. This structure allows GPs to maintain control over offer acceptance, while streamlining workflows with Nasdaq technology for all or part of the program.
Embedded Liquidity™
NFS can be included as the designated liquidity partner in offering documents during fund formation, with services beginning typically around year five of the fund’s life. This allows GPs to demonstrate a proactive strategy for liquidity management to LPs during fundraising and signal alignment with investor needs.
Pioneering What's Next for Private Fund Liquidity
Watch: The State of Secondaries, Structured Liquidity Programs
Watch: The State of Secondaries, Embedded Liquidity™
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