Nasdaq Private Market anticipates its strongest fourth quarter on record, driven by a surge in private company-sponsored liquidity programs.

Public market volatility, as well as evolving regulatory and reporting requirements, have raised the barrier to entry to the public market, leading more private companies to pursue secondary programs.

Less than a decade ago, many of these companies would have felt the pressure to go public. But with the Jobs Act of 2012 and changes in federal reporting requirements, many successful companies with high growth and high valuations are choosing to stay private.

In this Q&A, the Nasdaq Private Market team outlines the state of the private secondary market and details how they help facilitate secondary sales.

Nasdaq Private Market (NPM) had a record-setting 2018 as annual transaction volume surged to $12 billion and demand for secondary programs rose, demonstrating that private company-sponsored liquidity programs are now commonplace and flourishing.

NEW YORK, Oct. 17, 2018 (GLOBE NEWSWIRE) — The Nasdaq Private Market, LLC (NPM), a leading provider of liquidity solutions for today’s private securities, has announced the completion of its 200th secondary transaction since its founding in 2013. This milestone also marks $18.5 billion in company-sponsored liquidity programs and demonstrates NPM’s commitment to industry leadership and enabling a new era of private market standards and liquidity solutions.

NEW YORK AND SAN FRANCISCO, Aug. 08, 2018 (GLOBE NEWSWIRE) — The Nasdaq Private Market, LLC (NPM) has published its 2018 Mid-Year Private Company Report, which summarizes private company liquidity activity for 33 company sponsored liquidity programs on the NPM platform for the first half of 2018.

As private companies continue to evolve and rapidly grow in size, retaining and attracting top talent has become increasingly challenging. What might a private company consider when offering restricted stock units (RSUs) as an equity incentive for employees?

Companies continue to use structured and controlled liquidity as a valuable recruitment and retention tool while growing privately. Learn more about the Nasdaq Private Market platform and Private Liquidity Programs.

NEW YORK and SAN FRANCISCO, Feb. 07, 2017 (GLOBE NEWSWIRE) — The NASDAQ Private Market, LLC has published its 2016 Year-End Private Company Report, which summarizes private company liquidity activity on the NPM platform.

NEW YORK and SAN FRANCISCO, July 27, 2016 (GLOBE NEWSWIRE) — The NASDAQ Private Market, LLC has published the results of its 2016 Mid-Year Private Company Report, which summarizes private company liquidity activity on the NPM platform for the first half of 2016. Key findings include:

AUSTIN, Texas, March 18, 2016 (GLOBE NEWSWIRE) — The NASDAQ Private Market, LLC today released the results of its second annual survey of founders, executives and employees from start-up companies attending the South by Southwest (SXSW) Interactive Festival in Austin, Texas. Nearly half of the respondents believe their companies will remain private indefinitely, representing a 62 percent increase in related sentiment from 2015. For the second year, more than 50 percent say attracting and retaining talent and providing liquidity to their employees are top priorities.

NEW YORK and SAN FRANCISCO, Feb. 08, 2016 (GLOBE NEWSWIRE) — The NASDAQ Private Market, LLC has published its 2015 Year-End Private Company Report, which summarizes private company liquidity activity on the NPM platform.