Nasdaq Private Market Acquires Nasdaq Fund Secondaries, Expanding Private Secondary Liquidity Platform

Nasdaq Private Market (NPM), an independent company that spun out of Nasdaq in 2021, announced its acquisition of Nasdaq, Inc.'s fund secondaries business (NFS). This acquisition is expected to expand NPM's secondary liquidity platform to include both direct company shares and multi-asset fund stakes, aiming to serve the full spectrum of private secondary liquidity demand from a single platform. The transaction is anticipated to close in the third quarter of 2026, subject to customary closing conditions and regulatory approvals.