• Dip to Rip

    Both public and private equity markets have almost fully retraced their “Liberation Day” (4/2) losses. While the Covid 19 selloff and recovery was steeper, this most recent rally marks one of the faster public equity recoveries from a bear market (i.e. S&P selling off >20%) on record. For the two weeks from 4/21-5/2 the S&P500…

  • Exit Wounds

    The fever on the tariff “crisis” appears to have broken, at least for now. As of Thursday, the S&P500 is +2% for the week (Bloomberg). Since “Liberation Day” on 4/2 the SP500/Nasdaq100 are now -1%/+1%. Our NPM Private Market Tracker*, which shows the estimated average price performance of the 170 largest names in our internal…

  • Nasdaq Private Market Bolsters Leadership Team for Next Stage of Growth

    New York and San Francisco – May 1, 2025 – Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions for private markets, today announced several new appointments to its senior Executive Leadership Team, to accelerate momentum and further cement its strategic position at the center of the private markets. René Paula joins NPM as…

  • Off the mat, but not yet standing

    We have made it through another volatile week. As of Thursday, the S&P500 is +3% for the week, more than recovering from Monday’s 2% selloff (Bloomberg). Since “Liberation Day” on 4/2, the SP500/Nasdaq 100 are now down just 4%/2%. Private markets have done even better, with our NPM Private Market Tracker*, which shows the estimated…

  • Trade wars, Market scars

    Amid many ups and downs, since peaking on 2/19, the S&P500 is down 14%, and the tech heavy NASDAQ100 is down 13%. Private markets have fared better, with our NPM Private Market Tracker*, which shows the estimated average price performance of the 50 largest names in our internal Tape D® data essentially flat. Despite the…

  • Secondary Markets: What You Need to Know About the Market for Private Company Stock

    Introduction to the Secondary Market for Private Company Stock Secondary Market Defined The marketplace where shares of privately held companies are bought and sold is known as the secondary market for private company stock. Unlike the public market where shares of listed companies are bought and sold, the secondary market facilitates trades of private company…

  • State of the Private Market: 2025

    As we close out the first quarter of 2025, we continue to feel enthusiastic about the prospects for the secondary private share market. While there have been some notable recent VC-backed IPO announcements, the IPO market has not come “roaring back, as some had predicted. The theme of companies remaining private for longer remains intact,…

  • Tom Callahan Appears on Nasdaq TradeTalks

    Tom Callahan, CEO of Nasdaq Private Market, Laura Kayrouz, Senior Partner and Global Co-Head of Investments at Alpha FMC, and Scott Voss, Managing Director & Senior Market Strategist at HarbourVest, join Jill Malandrino on Nasdaq TradeTalks to discuss practical strategies for integrating public and private market investments.

  • How Do Stock Options Work? 

    Guest Contributor: Pulley   Understanding the mechanics of executing stock options is an important subject for employee shareholders and other sellers of private company stock. A stock option is a contract that allows a person to purchase a number of shares of stock at a fixed price, sometimes referred to as an exercise price or a…

  • Nasdaq Private Market: Insights on LATAM Liquidity

    ​Featuring Brett Mock, Chairman of Nasdaq Private Market International and a seasoned expert with over 30 years of experience in capital markets, this session will explore: The growing relevance of the secondary market for LATAM investors. ​How innovative platforms and technology are reshaping access to liquidity. ​Practical strategies for Family Offices and VCs to navigate…