Latest news with #NasdaqPrivateMarket
Borneo Post
01-08-2025
- Business
- Borneo Post
Nasdaq Private Market a transforming platform for private shares' transactions
(From left) Carine Schneider, founding partner of Compass Strategic Advisors; Mairtini Ni Dhomhnaill, founder of Countsy; and Tom Callahan, chief executive officer of Nasdaq Private Market, appear in a video presentation showcased during the Tek Talk session broadcast on July 24. KUALA LUMPUR (Aug 1): As private companies increasingly delay going public, the demand for efficient, secure platforms to manage shareholder liquidity has surged. Addressing this critical need is the Nasdaq Private Market (NPM), a pioneering secondary marketplace transforming how private company stakeholders buy and sell shares. Originally spun out of Nasdaq in 2013, NPM now operates as an independent business backed by Nasdaq and a consortium of global banks. The platform was created to unlock liquidity for founders, employees, and early investors in private-company shareholders without the need for a public listing. In a recent Tek Talk session, the NPM was spotlighted for its innovative role in streamlining equity transactions for private companies. For those who missed the session, the recorded broadcast and further details are available via NPM offers a centralised, secure marketplace where shares of private companies can be traded in a regulated environment. This is increasingly vital as high-growth companies choose to remain private longer, prompting early shareholders to seek returns before a potential initial public offering (IPO). The platform supports various transaction types including issuer-led tender offers, auctions, block trades, and continuous trading leading up to direct listings. These services simplify what was once a fragmented, opaque process often reliant on niche broker-dealers and informal channels. By the end of 2021, NPM had facilitated liquidity events for over 550 private companies, benefitting more than 100,000 shareholders globally. That year alone, it recorded over US$13 billion in transaction volume, pushing its cumulative total past US$40 billion by 2022. Over 80 per cent of NPM's non-US clients hold valuations above US$500 million, with several reaching as high as US$25 billion, highlighting its appeal among late-stage, high-growth firms. NPM president Eric Folkemer called the platform the 'epicentre for private company liquidity', citing the increasing appetite for secondary transactions. To date, NPM has returned over US$23 billion to founders, employees, and early investors. The platform's technology improves price discovery by capturing and centralising bids and offers, and shedding light on a market that has long operated in the shadows. NPM works closely with private-company executives, institutional buyers and global financial institutions to ensure all transactions are structured and compliant with international securities regulations. For more information, seek Nasdaq Private Market, or Maxwell Rand Asia, on the web.
Yahoo
17-07-2025
- Business
- Yahoo
Nasdaq Private Market Announces Goodwin as Top Referral Partner
NEW YORK and SAN FRANCISCO, July 17, 2025 (GLOBE NEWSWIRE) -- Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions for private companies, employee shareholders, and investors, today announced that Goodwin, an elite, global law firm, was its top referral partner for private company tenders and auctions during calendar year 2024 and for the trailing twelve months through June 30, 2025. For the third year in a row, Goodwin notably collaborated with NPM's Company Solutions division on the most private company liquidity programs. Between 2022 and 2024, the law firm partnered with NPM on the highest number of clients for NPM to manage company-sponsored secondary liquidity programs facilitated by its product specialists and proprietary SecondMarket® company workstation technology. Goodwin attorneys serve as trusted advisors to companies, investment funds and individuals across a range of industry verticals and transactions, including venture capital, private equity, capital markets, M&A, technology, healthcare, life sciences, real estate, and financial services. Private companies often look to their counsel to guide them in some of their most important corporate events including tender offers that unlock equity. NPM has partnered with Goodwin to help structure transactions for many of the world's most innovative, industry-disrupting companies with their secondary programs that benefit employee shareholders and investors alike. 'Congratulations once again to the Goodwin team on their recognition as our most active law firm partner for the third year in a row. Our team is incredibly proud to have supported the equity ambitions of more than 100 companies on their client roster along their road from early-stage startup to unicorn ahead of their public market debut or other exit. Together, we continue to find new ways to strengthen our tender products, capital introduction, data, and wealth services to meet the evolving needs of their clients around the globe,' commented Kevin Gsell, Head of Company Solutions, Nasdaq Private Market. Since inception, NPM has partnered with top-tier law firms worldwide to help maximize the equity investment objectives and outcomes of their private company clients on their journey from startup through exit. Notably, Goodwin has been a key strategic partner in developing NPM's technology to meet the needs of private company clients, their investors, and the law firms that advise them when managing their equity lifecycle events. 'We are honored to once again be recognized as the top referral partner to Nasdaq Private Market. This continued recognition underscores Goodwin's unwavering commitment to helping the most innovative private companies and their investors achieve their liquidity and investment goals. Through our dedicated global Private Market Liquidity practice and deep experience advising companies at every stage of growth and the investors that support them, we are proud to collaborate with NPM to deliver tailored secondary solutions that evolve with our clients' needs,' stated Cammy Contizano, partner and Co-Chair of the Washington, DC office at Goodwin. About Nasdaq Private MarketNasdaq Private Market provides liquidity, wealth and data solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. Since inception over a decade ago, NPM has executed more than $60 billion in transactional volume for 200,000+ individual eligible employee shareholders and investors across 775+ company-sponsored liquidity programs. Founded within Nasdaq, Inc. in 2013, today NPM is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo. Learn more at Visit LinkedIn and X for the latest company news. About GoodwinGoodwin is in the business of building authentic, long-term relationships with clients, who are some of the world's most successful and innovative investors, entrepreneurs and disruptors at the convergence of and within the life sciences, private equity, real estate, technology and financial industries. Their immersive understanding of these industries — combined with expertise across high-stakes litigation and dispute resolution, world-class regulatory compliance and advisory services, and complex transactions — sets them apart. Goodwin's Private Market Liquidity practice is dedicated to navigating the evolving landscape of private liquidity solutions and to being a destination for high-profile private companies and their investors. Companies, founders, and investment funds seek the Goodwin team's guidance to structure and implement sophisticated liquidity solutions and to optimize the inputs most important to the parties involved. Learn more about Goodwin's global law firm and market-leading Private Market Liquidity Practice at Media Contacts Amanda Gold Chief of Staff and Chief People Officer Naomi SolnickPublic Relations Specialistpress@ Disclosures and DisclaimersNPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: in to access your portfolio
Business Upturn
08-07-2025
- Business
- Business Upturn
Nasdaq Private Market Names Mike Buono and Phil Germann Co-Heads of Execution
NEW YORK and SAN FRANCISCO, July 08, 2025 (GLOBE NEWSWIRE) — Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions for private companies, investors, and employee shareholders, announced today that Mike Buono and Phil Germann have been named Co-Heads of Execution within its Capital Solutions division, effective immediately. Since joining NPM, Mr. Buono and Mr. Germann have been instrumental in building out the execution business and expanding the team's institutional client coverage. They will continue to be based out of the company's New York office and report into Bill Spoor, CFA, Managing Director and Head of Capital Solutions at Nasdaq Private Market. In their new roles, Mr. Buono and Mr. Germann will be tasked with leading the trading desk and overseeing relationships with broker-dealers and institutional clients. They will continue to help drive shareholder, investor, and global bank adoption of products deployed by NPM including block trading, capital introduction, and more. Additionally, they will work closely with the NPM SecondMarket® electronic trading team to support clients who want to transact via the company's premier, online secondary trading platform. Mr. Buono joined Nasdaq Private Market in 2024 as a Director within the Capital Markets division. Prior to NPM, he spent five years at EquityZen, where he led the institutional investment sales desk and worked with family offices, secondary funds, hedge funds, private equity, and venture capital funds, as well as RIAs and high-net-worth individuals. Mr. Buono also served as an investment committee member for EquityZen's flagship growth fund. Previously, he spent two years at UBS in various positions. Mr. Buono holds an undergraduate degree from The Pennsylvania State University. Mr. Germann joined Nasdaq Private Market in 2024 as a Director within the Capital Markets division. Prior to NPM, he spent six years at EquityZen, where he served as head of the institutional markets/broker-dealer sales desk and led the sales strategy on the supply side for the company's secondary trading platform. Mr. Germann was also an investment committee member for a number of the company's managed fund vehicles. Previously, he worked at Fidelity within the Investment Solutions division. Mr. Germann earned his undergraduate degree from the University of Colorado. 'We're proud to elevate Mike and Phil to lead the Execution team,' said Mr. Spoor. 'As our business evolves, we continue to tap talented team members with proven track records to push our business forward. Mike and Phil have strong client relationships, a deep understanding of market dynamics, and a demonstrated commitment to finding solutions to help us scale our secondary trading franchise.' Nasdaq Private Market partners with many of the world's most dynamic, venture-backed companies to power company-approved liquidity events for employees and investors. Its SecondMarket® trading platform continues to gain momentum among buyers and sellers of private company shares. NPM's proprietary Transfer and Settlement solution streamlines complex share transfers from matching through settlement, serving top-tier private companies. Its private market data platform Tape D® equips investors and institutions with the insights they need to assess global private market opportunities more effectively. The company's Wealth Connect product connects individuals who transact on the NPM platform with resources to support their investment goals. About Nasdaq Private Market Nasdaq Private Market provides liquidity, wealth and data solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. Since inception over a decade ago, NPM has executed more than $60 billion in transactional volume for 200,000+ individual eligible employee shareholders and investors across 775+ company-sponsored liquidity programs. Founded within Nasdaq, Inc. in 2013, today NPM is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo. Learn more at . Visit LinkedIn and X for the latest company news. Disclosures and Disclaimers NPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: NPM Media Contact Amanda Gold (New York) – [email protected] Chief of Staff and Chief People Officer, Nasdaq Private Market Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
08-07-2025
- Business
- Yahoo
Nasdaq Private Market Names Mike Buono and Phil Germann Co-Heads of Execution
Company's Senior Private Market Trading Specialists Promoted to Lead Execution Business NEW YORK and SAN FRANCISCO, July 08, 2025 (GLOBE NEWSWIRE) -- Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions for private companies, investors, and employee shareholders, announced today that Mike Buono and Phil Germann have been named Co-Heads of Execution within its Capital Solutions division, effective immediately. Since joining NPM, Mr. Buono and Mr. Germann have been instrumental in building out the execution business and expanding the team's institutional client coverage. They will continue to be based out of the company's New York office and report into Bill Spoor, CFA, Managing Director and Head of Capital Solutions at Nasdaq Private Market. In their new roles, Mr. Buono and Mr. Germann will be tasked with leading the trading desk and overseeing relationships with broker-dealers and institutional clients. They will continue to help drive shareholder, investor, and global bank adoption of products deployed by NPM including block trading, capital introduction, and more. Additionally, they will work closely with the NPM SecondMarket® electronic trading team to support clients who want to transact via the company's premier, online secondary trading platform. Mr. Buono joined Nasdaq Private Market in 2024 as a Director within the Capital Markets division. Prior to NPM, he spent five years at EquityZen, where he led the institutional investment sales desk and worked with family offices, secondary funds, hedge funds, private equity, and venture capital funds, as well as RIAs and high-net-worth individuals. Mr. Buono also served as an investment committee member for EquityZen's flagship growth fund. Previously, he spent two years at UBS in various positions. Mr. Buono holds an undergraduate degree from The Pennsylvania State University. Mr. Germann joined Nasdaq Private Market in 2024 as a Director within the Capital Markets division. Prior to NPM, he spent six years at EquityZen, where he served as head of the institutional markets/broker-dealer sales desk and led the sales strategy on the supply side for the company's secondary trading platform. Mr. Germann was also an investment committee member for a number of the company's managed fund vehicles. Previously, he worked at Fidelity within the Investment Solutions division. Mr. Germann earned his undergraduate degree from the University of Colorado. 'We're proud to elevate Mike and Phil to lead the Execution team,' said Mr. Spoor. 'As our business evolves, we continue to tap talented team members with proven track records to push our business forward. Mike and Phil have strong client relationships, a deep understanding of market dynamics, and a demonstrated commitment to finding solutions to help us scale our secondary trading franchise.' Nasdaq Private Market partners with many of the world's most dynamic, venture-backed companies to power company-approved liquidity events for employees and investors. Its SecondMarket® trading platform continues to gain momentum among buyers and sellers of private company shares. NPM's proprietary Transfer and Settlement solution streamlines complex share transfers from matching through settlement, serving top-tier private companies. Its private market data platform Tape D® equips investors and institutions with the insights they need to assess global private market opportunities more effectively. The company's Wealth Connect product connects individuals who transact on the NPM platform with resources to support their investment goals. About Nasdaq Private MarketNasdaq Private Market provides liquidity, wealth and data solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. Since inception over a decade ago, NPM has executed more than $60 billion in transactional volume for 200,000+ individual eligible employee shareholders and investors across 775+ company-sponsored liquidity programs. Founded within Nasdaq, Inc. in 2013, today NPM is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo. Learn more at Visit LinkedIn and X for the latest company news. Disclosures and DisclaimersNPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: NPM Media Contact Amanda Gold (New York) – of Staff and Chief People Officer, Nasdaq Private MarketError while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Associated Press
04-06-2025
- Business
- Associated Press
Nasdaq Launches Exclusive Access to Nasdaq Private Market's Tape D® API to Deliver Advanced Visibility into Private Markets
NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Nasdaq® (Nasdaq: NDAQ) announced today that the company has partnered with Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, to provide greater price transparency and valuation visibility into private, pre-IPO companies, including unicorns and other startups through NPM's Tape D® private company dataset. As the exclusive distributor of the Tape D API, Nasdaq is enhancing essential transparency and access to an increasingly complex private company landscape. Now available to Nasdaq clients through API integration via Nasdaq Data Link, Tape D addresses critical transparency challenges by helping investors evaluate private holdings with greater confidence, enabling banks to structure private transactions more effectively, supporting wealth advisors and shareholders in managing liquidity needs, and equipping private companies with valuable insights for capital raises and tender offers. This comprehensive data product delivers real-time private market pricing by seamlessly integrating primary round data, secondary market transactions, and accounting data including mutual fund marks and 409A valuations. 'Nasdaq was founded on the principle of leveraging technology to make markets more efficient, and we are committed to driving the same transformation in private markets that we've achieved in public markets,' said Oliver Albers, Executive Vice President, Chief Product Officer, Capital Access Platforms at Nasdaq. 'The collaboration with Nasdaq Private Market builds upon this foundation, reflecting Nasdaq's continued commitment to creating an ecosystem where transparency, accessibility, and improved outcomes naturally extend across the entire investment lifecycle,' noted Albers. 'The private market is now a critical arena for valuation, investment, and planning, and requires accurate, real-time data. With over 1,200 unicorns and billions in equity held by private shareholders, the need for a reliable valuation benchmark is greater than ever. Tape D brings essential clarity to private markets, and we are excited to partner with Nasdaq to broaden access to market participants,' said Marc Perkins, CFA, Senior Vice President of Product at Nasdaq Private Market. In addition to the Tape D API from Nasdaq, NPM offers individual subscriptions directly via NPM's website. The launch of this data partnership with Nasdaq Private Market marks the latest step in Nasdaq's commitment to enhancing transparency, access, and portfolio management capabilities across the public-to-private investment spectrum. This includes offerings such as Nasdaq Fund Secondaries, which bring greater efficiency, transparency, and scalability to secondary transactions. Nasdaq also delivers solutions designed to equip asset owners and asset allocators with essential research and portfolio management tools that span both public and private markets. These enhancements address specific market challenges, helping managers clearly articulate their value propositions to gather assets while giving allocators the visibility they need for confident decision making. For more information about accessing the Nasdaq Private Market Tape D Data API, please visit: About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at Nasdaq® is a registered trademarks of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED. © 2025. Nasdaq, Inc. All Rights Reserved. About Nasdaq Private Market Nasdaq Private Market provides liquidity, wealth and data solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. Since inception over a decade ago, NPM has executed nearly $60 billion in transactional volume for 200,000+ individual eligible employee shareholders and investors across 775+ company-sponsored liquidity programs. Founded within Nasdaq, Inc. in 2013, today NPM is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo. Learn more at Visit LinkedIn and X for the latest company news. Disclosures and Disclaimers NPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: Contact: Max Leitenberger Corporate Communications, Nasdaq [email protected] Amanda Gold Chief of Staff and Chief People Officer, Nasdaq Private Market [email protected]
