Solutions for Selling Private Funds & Shares on Secondary Markets
Our alternative investment liquidity solutions set new industry standards
This Solution Helps
- Asset Managers
- High Net Worth Investors
- Private Equity
Nasdaq Private Market (NPM) is paving the path forward for liquidity in alternative investment funds, creating a sustainable marketplace for today's leading private funds.
Through our centralized model, investor network and regulatory experience, our private funds solutions address the challenges of liquidity while creating opportunities for new product vehicles and broadening investor access to new sources of capital.
O U R S O L U T I O N S :
Auction Funds
NPM elevates the interval fund with monthly, auction-based liquidity while retaining other benefits of interval funds.
Learn MoreWealth Management
NPM partners with wealth management distribution channels to offer HNW investors a feeder fund liquidity option, removing the liquidity barrier and expanding investor access.
Learn MoreLP-Led Solutions
NPM supports Limited Partners in addressing the eligibility and liquidity challenges of rebalancing their private equity holdings.
Learn MoreGP-Led Liquidity
NPM's end-to-end, customizable platform can handle secondary transactions in various types of funds and allows for full visibility into the tender offer process at every step of the transaction.
Learn MoreWhy Partner With Us
Broader Access To Liquidity
Fund Managers and Institutional GPs can leverage NPM's technology, investor network and regulatory infrastructure to facilitate broader access to secondary liquidity.
Sponsor-Led Programs
High Net Worth (HNW) Fund Sponsors can facilitate sponsor-led programs for Limited Partners (LPs) looking to transfer their private securities.
Bespoke Platform
Investment Banks and Secondary Advisors can provide clients with a customized liquidity platform with NPM's modern secondary technology.
How It Works
The NPM Fund Auction Platform is designed to scale and support multiple fund structures, aligning with the evolution of product creations to open investor access.
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Designed By Sponsors
Fund managers control the parameters by which their funds are auctioned on our proprietary platform.
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Regulatory Framework
Built on our deep regulatory experience in building markets, NPM operates as a Qualified Matching Service (QMS), as interpreted by the IRS in a Private Letter Ruling and as an alternative trading system (ATS) with granted limited exemptive relief by the SEC, allowing for increased limitations in liquidity.
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Standardized Marketplace
Our platform provides market standardizations that drive efficiency, natural competition and price discovery across multiple fund interests in a centralized marketplace.
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Benefits Sellers
Integrations with distributors and administrators allow for financial advisors and investors to participate as sellers, rebalance portfolios, and actively manage illiquid fund interests.
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Attract Buyers
By streamlining and centralizing seller interests, NPM allows secondary liquidity providers to actively place bids across multiple fund opportunities; thereby ensuring greater liquidity and market-driven institutional pricing.
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Streamline Settlement
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.
With the increasing demand for alternative investment products from 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.
President and CEO
Learn more about our private fund solutions
Stay up-to-date with Nasdaq Private Market
Resource Center
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Secondary Market 2018 Retrospective
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Secondary Market 2018 Infographic Download Secondary Market 2018 Infographic
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A New Option for Liquid Private Investments Download A New Option for Liquid Private Investments
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Secondary Liquidity for Alternative Asset Managers Download Secondary Liquidity for Alternative Asset Managers
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Secondary Liquidity for Limited Partners Download Secondary Liquidity for Limited Partners