Tagged: private markets

April 14, 2024 @ 11:07 am By Omar Faridi  |  

Pactio, the digital infrastructure for private markets, has raised $14 million (£11 million) in a Series A round led by EQT Ventures. Private equity industry insiders and tech angels also participated in the oversubscribed round, “including former Stripe Europe CEO Matt Henderson and Volt founder… Read More

April 5, 2024 @ 10:15 am By Omar Faridi  |  

Every quarter, Carta releases information on the startup ecosystem in their State of Private Markets report. Carta, a software development firm focused on equity management software, explains in a blog post that it can take a few weeks for rounds to “be recorded on our… Read More

February 8, 2024 @ 6:33 am By Omar Faridi  |  

Linqto, the financial technology investment platform democratizing access to private markets for accredited investors, announced that Geno Zawrotny has been appointed as the company’s Chief Revenue Officer. Zawrotny brings more than two decades of experience to Linqto “with expertise across industry sectors, including public equities,… Read More

January 25, 2024 @ 7:50 am By Omar Faridi  |  

Luma Financial Technologies, an independent multi-issuer structured products and annuities platform, has expanded its partnership with Yieldstreet, a private market investment platform, to bring Yieldstreet’s diverse offerings to Luma’s customer base. In doing so, Luma is broadening Registered Investment Advisors (RIAs) access “to alternative investment… Read More

November 7, 2023 @ 7:25 am By Omar Faridi  |  

Terazo, a private market investment platform in India, has joined forces with Tokeny, the leading tokenization platform, “to spearhead the first regulated tokenized real estate asset in India under the regulatory sandbox framework established by the International Financial Services Centres Authority (IFSCA).” Tokeny is a… Read More

September 25, 2023 @ 10:09 am By Omar Faridi  |  

Eurazeo, a global investment company with a diversified portfolio of €35 billion in assets under management, and iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, have announced a partnership to increase Wealth Managers’ access to Eurazeo’s broad range… Read More

September 18, 2023 @ 7:32 pm By Omar Faridi  |  

LemonEdge – the platform for managing private markets fund and portfolio accounting on an API/low-code platform – are pleased to announce that Admina Fund Services has chosen it as their accounting solution. Admina Fund Services is a specialist administration service “for closed ended funds seeking… Read More

August 7, 2023 @ 2:57 am By Omar Faridi  |  

Dot Investing, which aims to tap into investments for the £75.2tn pool of capital with limited access to fast-evolving private markets, has raised 99% (£744,625.44) of its £750,000 fundraising target (at the time of writing) from 87 investors via its crowdfunding campaign, carried out via Crowdcube,… Read More

August 5, 2023 @ 1:57 pm By Omar Faridi  |  

Netcapital Inc. (Nasdaq: NCPL, NCPLW), a digital private capital markets ecosystem, has announced financial results for its fourth quarter and fiscal year 2023 ended April 30, 2023. Netcapital operates a FINRA-regulated funding portal that may issue securities under Reg CF. Martin Kay, CEO of Netcapital… Read More

July 17, 2023 @ 10:47 pm By Omar Faridi  |  

Every quarter, Carta releases information on the startup ecosystem in their State of Private Markets report. It can take a few weeks for rounds to be recorded on their platform, so they produce a full analysis after they get the final numbers. However, Carta publishes… Read More

May 29, 2023 @ 2:03 pm By JD Alois  |  

EquityZen is out with another note reiterating its expectation that the initial public offering (IPO) market will pick up toward the end of the year. Currently, IPOs during Q1 of 2023 were pretty tame, with just 33 IPOs on US exchanges. According to EY, the… Read More

May 6, 2023 @ 1:50 pm By Omar Faridi  |  

Yieldstreet, the private market investing platform, and Equity Trust, which claims to be one of the largest self-directed IRA custodians in the U.S., announced a strategic partnership that will make it easier “to add alternative investments to retirement accounts.” Starting now, Equity Trust’s clients “can… Read More

May 4, 2023 @ 8:26 am By Omar Faridi  |  

The transformation of the venture capital industry over the past year has been “stark,” according to a recent update shared by Carta. Carta writes in a blog post that the total venture capital “raised by startups plunged 80% from Q1 2022 to Q1 2023.” Venture… Read More

April 22, 2023 @ 10:20 am By Omar Faridi  |  

Every quarter, Carta releases information on the startup ecosystem in their comprehensive State of Private Markets report. It can take a few weeks for rounds to be recorded on their platform, so they share a full analysis after they get the final numbers, Carta notes… Read More

March 3, 2023 @ 5:42 am By Omar Faridi  |  

Floww Markets Limited has recently received Financial Conduct Authority (FCA) authorization, which allows the launch of an innovative private market investment service that aims “to be the world’s first global private market ecosystem.” FlowwMarkets can “allow companies to raise capital more easily and cost-effectively, transforming… Read More

February 28, 2023 @ 2:38 pm By Omar Faridi  |  

When the Tide Goes Out, could have long-term implications for private markets, according to a recent update from Pitchbook. A report from Pitchbook notes that asset growth from fund performance and future fundraising are the two most important variables in their estimates, and they are… Read More

January 13, 2023 @ 1:27 pm By Omar Faridi  |  

Fidelity Investments announced it is furthering its commitment to the private market with the acquisition of Shoobx, a provider of automated equity management operations and financing software “for private companies at all growth stages, up to and including an initial public offering (IPO). Financial terms… Read More

December 18, 2022 @ 5:53 pm By Omar Faridi  |  

CEPRES, which claims to be the leader in private market data and investment technology,  announced new solutions to better handle today’s challenges in private market fundraising for both limited partners (LPs) and general partners (GPs). CEPRES Fund Screener, part of the CEPRES Due Diligence suite,… Read More

December 17, 2022 @ 10:36 am By Omar Faridi  |  

Euroclear is pleased to announce its acquisition of Goji, a London-based provider of digital access and technology-enabled solutions to private markets, subject to regulatory approvals. Private market assets are currently “valued at $9.8 trillion and are expected to grow to $14.4 trillion by 2025.” This… Read More

November 27, 2022 @ 9:01 pm By Omar Faridi  |  

Both deal activity and deal value on the Carta platform have “declined in every quarter of 2022, falling back to pre-pandemic levels.” That’s a sharp reversal from last year, “when startup investment was propelled to new heights.” This year, deal volume in Q3 “was down… Read More