NPM Announces Acquisition of Nasdaq Fund Secondaries (NFS)

Nasdaq Private Market (NPM), an independent spinoff from Nasdaq Inc., has announced the acquisition of Nasdaq's fund secondaries business. The deal, expected to close in Q3 2026, expands NPM's platform to handle both direct company shares and multi-asset fund stakes, positioning it to serve the full spectrum of private secondary liquidity demand. The private secondaries market reached record scale with $233 billion in global volume in 2025.