Tagged: private securities

April 27, 2026 @ 5:38 pm By JD Alois  |  

AngelList just announced a new registered, non-traded fund, USVC, to enable retail participation in the private securities sector. Fundrise, an investment platform that originally targeted private real estate investments rather than early- or later-stage private investing, recently launched a publicly traded fund, Fundrise Growth Tech… Read More

April 22, 2026 @ 8:30 am By JD Alois  |  

Asset Match has been approved to operate a Private Intermittent Securities and Capital Exchange System (PISCES), joining a couple of other firms that have also received regulatory approval. A platform must apply for a PISCES approval notice (PAN) from the Financial Conduct Authority (FCA). PISCES… Read More

April 16, 2026 @ 10:45 am By JD Alois  |  

Secondary trading of private market securities set a “blistering pace” during the first quarter of 2026, according to a recent report. The activity was driven by the hot artificial intelligence (AI) Market as well as an expectation that the initial public offering market will pick… Read More

April 7, 2026 @ 2:04 pm By JD Alois  |  

Republic, a leading online investment platform that provides access to capital for issuers as well as access to secondary offerings, recently met with the Securities and Exchange Commission (SEC) to discuss key issues which will impact online capital markets as well as secondary trading of… Read More

February 23, 2026 @ 1:18 pm By JD Alois  |  

The Securities and Exchange Commission has scheduled a Private Markets Roundtable to discuss the retailization of private markets. Currently, non-accredited investors may participate in the private securities markets largely via Reg A and Reg CF. While there are certain situations in which a non-accredited individual… Read More

February 5, 2026 @ 9:08 am By JD Alois  |  

The SEC Small Business Capital Formation Advisory Committee (SBCFAC) will gather on February 24, 2026, to discuss two important items related to private markets. One reason the US has the world’s most robust innovation ecosystems is the success of private markets, where early-stage firms can… Read More

January 13, 2026 @ 11:07 am By JD Alois  |  

Private securities secondaries topped $110 billion in 2025, easily beating 2024, which reportedly totalled $89 billion. This is according to HarbourVest Partners, as outlined in the FT. According to the report, private markets continue to grow, with secondary transactions boosting that growth. Liquidity, or the… Read More

December 8, 2025 @ 10:41 am By JD Alois  |  

Winterflood has announced that it has been approved as a Registered Auction Agent [RAA] on the LSE’s Private Securities Market or PISCES [Private Intermittent Securities and Capital Exchange System] market. The LSE was the first market to gain approval under the new rules. PISCES is… Read More

November 6, 2025 @ 2:14 pm By JD Alois  |  

Charles Schwab (NYSE:SCHW), the eponymous brokerage, has acquired private markets platform Forge (NYSE:FRGE) for $660 million. Once again, bespoke Fintech investment bank FT Partners served as financial advisor on the deal for Forge. FT Partners has been a long time partner with Forge, assisting in… Read More

September 22, 2025 @ 9:30 am By JD Alois  |  

Secondaries platform EquityZen has issued a note marking 11 years of offering multi-company funds to investors. EquityZen specializes in powering a marketplace for private securities – firms that have yet to pursue an initial public offering. While pretty promotional, the public note has merit as… Read More

September 7, 2025 @ 8:47 pm By Omar Faridi  |  

The tech sector is witnessing a significant shift, with private companies staying private longer and attracting late-stage funding, particularly in artificial intelligence. This, according to a report from CB Insights. August 2025 marked a pivotal moment for the industry, as mega-rounds—funding deals exceeding $100 million—continued… Read More

September 1, 2025 @ 12:15 pm By Omar Faridi  |  

The London Stock Exchange has become an operator that has been granted a PISCES Approval Notice (PAN) by the Financial Conduct Authority (FCA) for its Private Securities Market. The new secondary market will, for the first time, “provide private companies with access to intermittent liquidity… Read More

August 20, 2025 @ 9:44 pm By Omar Faridi  |  

Linqto Inc., a once-promising startup that facilitated investments in private companies, has received court approval to liquidate valuable stakes in hard-to-access private firms to fund its ongoing bankruptcy proceedings. As first reported by Bloomberg, the decision comes as the company navigates financial distress and a… Read More

August 7, 2025 @ 12:09 pm By JD Alois  |  

As was previously reported, President Donald Trump is expected to issue an Executive Order allowing savers to include private equity and other alternative assets in 401(k) retirement accounts. It is now anticipated that this EO will be signed and posted today. By allowing the booming… Read More

August 4, 2025 @ 11:50 am By JD Alois  |  

Retail access to the most promising private firms has been blocked for decades. The myopic Accredited Investor definition has disenfranchised the majority of the population, in favor of the wealthy for decades. While changes in the law like the JOBS Act of 2012 and better… Read More

July 23, 2025 @ 3:32 pm By JD Alois  |  

The private securities market has experienced significant growth in recent years. Meanwhile, public markets have stuttered, harmed by excessive regulation and the ongoing cost to comply with, at times, obtuse rules. A notable example of regulatory overreach occurred during the Biden Administration, when the Securities… Read More

July 17, 2025 @ 11:00 am By JD Alois  |  

According to a report in WSJ.com, 401(k)s will soon be able to hold private securities. As defined benefit plans have declined in the US, 401(k)s have emerged as the top retirement vehicle for workers. Investors are limited in how much they can dedicate to a… Read More

July 9, 2025 @ 9:00 am By JD Alois  |  

Fundrise founder and CEO Ben Miller visited with CNBC this week to discuss the growing business of providing retail access to private securities typically issued under the Reg D exemption. Reg D requires an investor to be deemed “Accredited” – earning over $200,000 a year… Read More

July 8, 2025 @ 2:01 pm By JD Alois  |  

Nasdaq Private Markets recently lured two EquityZen executives to join their burgeoning private securities trading marketplace. EquityZen is a top marketplace for providing trading in private shares. According to a statement issued by Nasdaq, Mike Buono previously led the institutional investment sales desk at EquityZen. He… Read More

July 6, 2025 @ 3:42 pm By JD Alois  |  

Typically, early-stage private firms are the realm of venture capitalists and the very wealthy. While there are multiple trading platforms where accredited investors may purchase these private shares, Republic is taking the concept further. Announced at the end of June, Republic revealed its first entry… Read More