Announced
Completed
Synopsis
Nasdaq, a global technology company, led a $62m round in Nasdaq Private Market, a market intelligence, portfolio analytics and fund secondaries solutions provider. “We are proud to secure the support of this prestigious group of partners, who share NPM’s passion to transform, modernize, and institutionalize the private markets. For too long, this $3.5tn asset class has been defined by inefficiency, illiquidity, and information asymmetry. This financing enables us to continue to build the critical infrastructure required to accelerate the evolution of the private markets into the modern age of efficient, transparent, and regulated electronic marketplaces. With many companies electing to stay private longer, this mission is essential to sustaining a robust and viable innovation economy,” Tom Callahan, Nasdaq Private Market CEO.
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