With the increasing demand for alternative investment products from limited partners and high net worth investors, and fund managers’ desire to expand access to new investors, a solution for liquidity becomes a critical enabler for new capital formation.
The Nasdaq Fund Secondaries (NFS) platform is designed to scale and support multiple fund structures, aligning with the evolution of product creations to open investor access.
Learn how the NFS platform helps:
Enhance the end-to-end secondaries process for you and your LPs to increase liquidity opportunities with the Nasdaq Fund Secondaries platform and technology.Learn More
Address the eligibility and liquidity challenges of rebalancing your private fund holdings with the Nasdaq Fund Secondaries platform.Learn More
Registered Fund Managers & Investors
Nasdaq Fund Secondaries' exit feature for registered private and unlisted funds can enhance the investor and manager experience through expanded liquidity opportunities.Learn More
Wealth Management & HNWIs
Nasdaq Fund Secondaries' transaction technology helps management platforms, wealth advisors, and their clients.Learn More
DESIGNED BY SPONSORS
Fund managers control the parameters by which their funds are auctioned on our proprietary platform.
Built on Nasdaq’s deep regulatory experience in building markets, Nasdaq Fund Secondaries can facilitate a variety of secondary transactions. The platform may operate as a qualified matching service (“QMS”), as interpreted in a Private Letter Ruling by the IRS. Intermediary services, including paying agent capabilities, are provided through its SEC- and FINRA- registered broker-dealer. Certain closed end investment companies may rely on limited exemptive relief granted by the SEC to Nasdaq affiliates to conduct periodic auctions.
Our platform provides technology standardizations that can drive efficiency, natural competition and price discovery across multiple fund interests in a centralized marketplace.
Integrations with distributors and administrators allow for financial advisors and investors to participate as sellers, rebalance portfolios, and actively manage illiquid fund interests.
By streamlining and centralizing seller interests, the NFS platform can enable secondary liquidity providers to actively place bids across multiple fund opportunities; thereby increasing potential for greater liquidity and market-driven institutional pricing.
Our transaction platform manages the full process, including execution of transfer agreements, adjustments to payments and settlement across multiple participants through a unified payment process.